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116 W Kings Highway

Center Hill, FL 33514
  • $950,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: G5095564
UPDATED: 28 min ago
$950,000
  • 0
    BEDS
  • 0.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1994
County:
Area:

School Ratings & Info

Description

Offering Investment Opportunity 6% 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

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© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-05-17T23:44:57.7.
www.sarasotagulfcoastrealtors.com/homes/162427097
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116 W Kings Highway Center Hill, FL 33514

  • Price: $950,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 28 min ago
  • MLS #: G5095564
0
Beds
0
Baths
0
½ Baths
0.84
Acres
1994
Built
Neighborhood:
HILL
County:
Sumter
Area:
Center Hill
Property Description
Offering Investment Opportunity 6% 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
Exterior Features

Construction Materials Metal FrameMetal Siding Foundation Details Slab Road Frontage Type City StreetCounty RoadMain Throrughfare Road Surface Type Paved Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Appliances MicrowaveRefrigerator Building Area Total 5072 Cooling A/C - Office Only Cooling YN Yes

Property Features

Flood Zone Code X Listing Terms CashConventionalLease Back New Construction Yn No Ownership Corporation Property Condition Completed Property Sub Type Mixed Use Realtor Info List Agent is Related to Owner Special Listing Conditions None Tax Annual Amount 5398 Total Annual Fees 0 Total Monthly Fees 0 Utilities BB/HS Internet CapableElectricity AvailablePhone AvailableWater Connected Zoning CH


Listing information © 2025 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of ERA GRIZZARD REAL ESTATE: 352-787-6966.



© 2025 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2025-05-17T23:44:57.7.
 
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