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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 
Taxes $5,769
Days Active 161
Lot Size 
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. Current tenant in place, lease expires in a few months - building will be ready for an owner-occupant. (July 2026) 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
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1977
Basement
DrivewayParking Spaces - 13 to 18
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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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