701 E CANAL ST Active

Mulberry,FL 33860

$ 460000

- Bed

0 Bath

3140 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,140 sqft

Price per Sqft $146

Subdivision Mulberry Heights

MLS Listing ID O6169358

HOA Y/N No

Originating Board Stellar MLS

Year Built 1944

Annual Tax Amount $2,510

Lot Size 9,583 Sqft

Acres 0.22

Property Description

*The sale DOES NOT include the business nor the equipment displayed in the pictures. This will be a sale of the commercial building and the adjacent parcel. Also, please note that a successful transaction will also include a deed restriction for laundromat/coin laundry use.

Welcome to 701 E Canal St., Mulberry, FL – a prime commercial property offering endless possibilities in a strategic location. This 3,140 SF building, nestled on 0.22 acres of land under C-2 zoning, stands ready to accommodate a variety of ventures.

Previously operating as a laundromat, this versatile space is now available for your vision. The property boasts the potential for 16 parking spaces across two parcels, providing convenience for both customers and employees.

The building's appeal is enhanced by a recent 2022 roof installation, ensuring a worry-free ownership experience with minimal capital expenditures in the foreseeable future. This significant improvement adds tremendous value and security for any new owner.

Strategically positioned along E Canal St., a main artery within Mulberry city limits, the property enjoys a robust daily traffic flow of 23,000 vehicles. This high visibility makes it an ideal spot for a restaurant or any retail business seeking exposure to a broad audience.

Surrounded by established businesses such as the Marathon gas station to the west and Carter's BBQ to the east, the property opens up collaborative opportunities with a range of neighboring enterprises. The diverse landscape of nearby businesses creates an environment where your venture can thrive and complement the existing local offerings.

Notably, the City of Mulberry has acquired adjacent land on the north side of E Canal St. with confirmed plans to build their new headquarters. This strategic development aligns perfectly with the property, promising increased foot traffic and potential collaboration opportunities for any business occupying this space.

In summary, 701 E Canal St. presents a unique opportunity for entrepreneurs and businesses looking to capitalize on a well-maintained, strategically located commercial space with a proven track record and exciting prospects for the future. Don't miss the chance to make this property the foundation for your next successful venture.

Location

State FL

County Polk

Community Mulberry Heights

Zoning C-2

Interior

Cooling Central Air

Exterior

Waterfront false

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block,Concrete

New Construction false

Others

Ownership Corporation

Special Listing Condition None

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