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116 W KINGS HWY Center Hill, FL 33514

Price Dropped by $55K
$895,000
116 W KINGS HWY Center Hill, FL 33514
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FL > Center Hill > Hill
Center Hill, FL 33514,116 W KINGS HWY
Center Hill, FL 33514,116 W KINGS HWY
Center Hill, FL 33514,116 W KINGS HWY
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Isaac Loviglio

Isaac Loviglio

opentoclose@livingluxury.homes +1(941) 241-2581
$895,000
Est. payment /mo
5,072 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,072 sqft

Price per Sqft $176

Subdivision Hill

MLS Listing ID G5095564

Construction Status Completed

HOA Y/N No

Year Built 1994

Annual Tax Amount $5,398

Lot Size 0.840 Acres

Acres 0.84

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

Offering Investment Opportunity 6.7% CAP Rate for a 5,037+/- SF Bldg with finished offices and 3,222+/- SF of warehouse. Property sits directly on CR 48 / Kings Hwy and the corner of Florida Ave. Located within the City of Center Hill, Zoned CH / Heavy Commercial, lot size is .84 acre, and 183'x201'. The building was just remodeled in 2024 with beautiful new offices, admin and waiting, conference room, and breakroom. The 3,222+/- SF warehouse has 5 grade level overhead rollup doors, security fenced storage yard, and new electrical service. Seller will need to lease building back during the completion of their new facility. Building and property are attractive and well maintained. Property is less than an hour to Orlando or Ocala and just minutes to The Villages. All information is believed accurate and correct be not guaranteed or warranted and subject to change without notice. With The Villages continued expansion and growth don't let this opportunity be the one you wished you had taken!! Shown by appointment only

Location

State FL

County Sumter

Community Hill

Area 33514 - Center Hill

Zoning CH

Interior

Cooling Office Only

Appliance Microwave, Refrigerator

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Water Connected

Building

Foundation Slab

Lot Size Range 1/2 to less than 1

Structure Type Metal Frame,Metal Siding

New Construction false

Construction Status Completed

Others

Ownership Corporation

Acceptable Financing Cash, Conventional, Lease Back

Listing Terms Cash, Conventional, Lease Back

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/G5095564


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Stellar MLS
© 2025 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by ERA GRIZZARD REAL ESTATE

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agent

Isaac Loviglio

+1(941) 241-2581

Agent | License ID: SL3466395

Agent License ID: SL3466395

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116 W KINGS HWY

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LPT Realty

Isaac Loviglio License ID: SL3466395

+1(941) 241-2581 opentoclose@livingluxury.homes

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