Address
701 E Canal STREET, MULBERRY, FL
Price
$ 460,000
Property Attributes
- MLS#O6169358
- TypeCommercial
- CountyPOLK
- CityMULBERRY
- AreaMulberry
- NeighborhoodMulberry Heights
- Zip33860
- StyleRetail
- Year Built1944
- Taxes$ 2510
- Price$ 460,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3140
- Lot Size9,583 SqFt
Data Source:
Stellar MLS
Property Description
*The sale DOES NOT include the business nor the equipment displayed in the pictures. This will be a sale of the commercial building and the adjacent parcel. Also, please note that a successful transaction will also include a deed restriction for laundromat/coin laundry use. Welcome to 701 E Canal St., Mulberry, FL – a prime commercial property offering endless possibilities in a strategic location. This 3,140 SF building, nestled on 0.22 acres of land under C-2 zoning, stands ready to accommodate a variety of ventures. Previously operating as a laundromat, this versatile space is now available for your vision. The property boasts the potential for 16 parking spaces across two parcels, providing convenience for both customers and employees. The building's appeal is enhanced by a recent 2022 roof installation, ensuring a worry-free ownership experience with minimal capital expenditures in the foreseeable future. This significant improvement adds tremendous value and security for any new owner. Strategically positioned along E Canal St., a main artery within Mulberry city limits, the property enjoys a robust daily traffic flow of 23,000 vehicles. This high visibility makes it an ideal spot for a restaurant or any retail business seeking exposure to a broad audience. Surrounded by established businesses such as the Marathon gas station to the west and Carter's BBQ to the east, the property opens up collaborative opportunities with a range of neighboring enterprises. The diverse landscape of nearby businesses creates an environment where your venture can thrive and complement the existing local offerings. Notably, the City of Mulberry has acquired adjacent land on the north side of E Canal St. with confirmed plans to build their new headquarters. This strategic development aligns perfectly with the property, promising increased foot traffic and potential collaboration opportunities for any business occupying this space. In summary, 701 E Canal St. presents a unique opportunity for entrepreneurs and businesses looking to capitalize on a well-maintained, strategically located commercial space with a proven track record and exciting prospects for the future. Don't miss the chance to make this property the foundation for your next successful venture.
| Price History | |
|---|---|
| 1/16/2024 | Listed $460,000 |
General Features
| Cooling | Central Air |
|---|---|
| Zoning | C-2 |
| Construction Materials | Block,Concrete |
| Year Built | 1944 |
| Property SubType | Retail |
| Tax Year | 2023 |
| Percent Ownership | Corporation |
| County | Polk |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | MULBERRY HEIGHTS |
| Status | Active |
| Directions | From I-4 Take exit 41 for FL-570 W toward Auburndale/Lakeland/Polk Pkwy Toll road for 1.2 mi. Then continue onto FL-570 W/Polk PkwyTollroad for 17.0 miles. Take exit 7 for FL-37/S Florida Ave Toll ro |
| City | MULBERRY |
| Buyer Agent Compensation | 2.5% |
| MLS Area | 33860 - Mulberry |
| Lot Size Square Feet | 4700 |
| Waterfront Y/N | No |
| Street Name | Canal |
| Tax Annual Amount | 2510 |
| Public Remarks | *The sale DOES NOT include the business nor the equipment displayed in the pictures. This will be a sale of the commercial building and the adjacent parcel. Also,please note that a successful transac |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6169358 |
| Days on Market | 14 |
| Standard Status | Active |
| Tax Lot | 4 |
| Legal Description | MULBERRY HTS PB 26 PG 26 S1/12 T30 R23 BLK 3 LOT 4 LESS HWY R/W |
Interior Features
| Air Conditioning Y/N | Yes |
|---|---|
| Street Suffix | STREET |
| Living Area Units | Square Feet |
Exterior Features
| Lot Size Area | 4700 |
|---|---|
| Foundation Details | Slab |
| Number of Buildings | 1 |
| Building Area Total | 3140 |
| Lot Size Acres | 0.22 |
| Road Surface Type | Asphalt,Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | Business District,County Road,Main Throrughfare |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 33860
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 6, 2024 9:55 AM UTC
