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Key Details
Sold Price $1,430,000
Property Type Commercial
Sub Type Warehouse
Listing Status Sold
Purchase Type For Sale
Square Footage 5,496 sqft
Price per Sqft $260
Subdivision Interurban Park Unit 1
MLS Listing ID O6145223
Sold Date 04/13/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1980
Annual Tax Amount $454
Lot Size 2.060 Acres
Acres 2.06
Property Description
Fantastic Opportunity: Thriving Trucking Business with High-Traffic Industrial Lot
Take advantage of this incredible opportunity to become a part of the flourishing trucking industry. Situated on an industrial lot encompassing just over 2 acres, this property is strategically located on HWY 60, a high-visibility road with heavy traffic, averaging 23,000 cars per day. Its proximity to Central Florida's largest dealerships ensures a constant stream of potential customers.
The property boasts an office warehouse, along with a dedicated truck repair and preparation area. But that's not all – this investment holds tremendous potential for value addition. By incorporating a Towing Business, Services Department, and Parts Department, you can significantly enhance the revenue stream.
With its immense potential, this property has the capability of generating over $25 million in annual sales. Previous profits have reached an impressive $2 million annually. The city of Lake Wales is currently undergoing rapid growth in population and commercial developments, making this an opportune time to invest.
This well-established truck dealership has been operating profitably for 13 years from the same location. Its business model is incredibly straightforward, with high-ticket sales and impressive profit margins. Furthermore, it offers the flexibility of being run semi-absentee, allowing you to maintain a degree of freedom while managing the business.
Don't miss out on this lucrative business proposition. Seize the opportunity to be a part of the booming trucking industry and secure your financial future. Contact us today to learn more about this remarkable investment.
Location
State FL
County Polk
Community Interurban Park Unit 1
Direction W
Interior
Cooling Central Air
Flooring Concrete, Luxury Vinyl
Exterior
Waterfront false
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Metal Frame
New Construction false
Others
Ownership Partnership
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with ERA GRIZZARD REAL ESTATE
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Kevin Tison
Broker Associate | License ID: BK626101
Broker Associate License ID: BK626101