Lake Alfred Packing House Self Storage

Site in excess of 1/2 of the city block - 2.16 acres. Located directly on South US Highway 17, including two cross streets - E. Haines Blvd, and E. Pierce Street. FDOT Traffic count 28,000 and 20,500 on South US 17. US Post Office and Taco Bell are also located on E. Haines Blvd which is directly across the street. This building is located in the Core Improvement Area of Lake Alfred, close to Interstate 4. Lake Alfred is centrally located between Tampa and Orlando.Introducing a prime investment opportunity in the Lake Alfred area. This historic distinguished property boasts a 51,148 SF building featuring 11,410 SF - 160 Brand New Self Storage Units, 246 Mailbox Rentals, 2 Apartments, almost 24,000 additional retail and storage SF, offering versatility and potential for income generation or expansion. Owner has installed a Fire Sprinkler System that will protect 22,000 SF which will cover the Storage Warehouse Units and additional areas of the building. Owner is in the process of reroofing 4,500 SF (notice the roof aerial). This building is making money and is on the cusp to currently double the cashflow in a few months. Owner also has plans to add an additional 188 (13,406 SF) additional Storage Units. The current situation plus the future expansion of interior retail and storage space has the potential to create an additional income stream in excess of $80,000/month. Built in 1922, the historic charm of the building is complemented by a C2 and MU (FLU) zoning designation, accommodating a variety of commercial uses. Located in the thriving Lake Alfred area, this property presents an unparalleled chance to invest in a well-established community with promising growth prospects. Embrace the character and possibilities of this exceptional property, strategically positioned for success in a sought-after location.