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701 E CANAL ST, MULBERRY, FL, 33860

$ 460,000.00
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7 months, 3 weeks

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701 E CANAL ST, MULBERRY, FL, 33860

bed -- Beds
bed -- Bath
bed 4700 Sq.Feet
bed -- Beds
bed -- Bath
bed 4700 Sq.Feet

$ 460,000.00

Calc
$444/mo
Est. Payment

Property description

PublicRemarks:-*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.
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 road for 0.5 miles. Then turn left onto FL-37 S/Florida Ave S and continue to follow FL-37 S and pass by Wendy's (on the right in 4.4 mi) and go for a total of 7.3 miles. Then turn left onto E State Rd 60 E/W Canal St and pass by Subway (on the left) and the destination will be on the right.

Property details

Cooling

Central Air

Living Area

3140 Square Feet

Constr. Materials

Block, Concrete

Total Area

3140 Square Feet

Original List Price

$460,000.00

Private Pool

No

Fire place

No

Days On Market

14

YearBuilt

1944

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Property Price

Date Event Price Price/Sq Ft Source
28/07/2024 Active $460000 146.5 MLS Grid

Property Tax

Year Taxes Land Additions Total Assessment
2019 $3,128 $40,900 + $80,900 = $121,800
2018 $3,128 $40,900 + $80,900 = $121,800
2017 $3,128 - + N/A = $121,800
2016 $3,128 $86,000 + $80,900 = $121,800
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