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Listed price in listed location currency (USD).
$599,000

000

MLS® G5104665

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 2968 sqft
Garage No
Maintenance Fees 
Taxes $5,769
Days Active 20
Approx. Age 1977
Avg. Price Per Sqft $201
MLS® Number G5104665

Property Address: 1029 W Magnolia St, LEESBURG, FL, 34748-5730

Average square foot calculated using Size range provided by listing agent.

Description

Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. This building has multiple (4) very large offices (one used to be a conference room), a Storage room in front of a very large safe, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re-roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner-User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.
MLS® NumberG5104665
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1977
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 19, 2025List Date
$599,000List Price
  • Commute

Commute

Starting Address
Destination Address
1029 W Magnolia St, LEESBURG, FL

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