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116 Kings Highway, CENTER HILL, FL 33514
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116 Kings Highway
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Would you like to sell your home before you purchase this one?
Priced at Only: $895,000
For more Information Call:
Address: 116 Kings Highway, CENTER HILL, FL 33514
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  • MLS#: G5095564 ( Commercial Sale )
  • Street Address: 116 Kings Highway
  • Viewed: 12
  • Price: $895,000
  • Price sqft: $176
  • Waterfront: No
  • Year Built: 1994
  • Bldg sqft: 5072
  • Days On Market: 58
  • Additional Information
  • Geolocation: 28.6502 / -81.9992
  • County: SUMTER
  • City: CENTER HILL
  • Zipcode: 33514
  • Subdivision: Hill
  • Provided by: ERA GRIZZARD REAL ESTATE
  • Contact: Mona Jodray
  • 352-787-6966
  • mfrmls
  • DMCA Notice
  • Description
    Offering Investment Opportunity 6.7% 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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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Office Only
  • Road Frontage Type: City Street, County Road, Main Throrughfare
  • Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2025
Other Features
  • Appliances: Microwave, Refrigerator
  • Country: US
  • Legal Description: LOTS 222 & 223 NEW PLAT CENTER HILL PB 1 PG 78
  • Area Major: 33514 - Center Hill
  • Parcel Number: Q22A222
  • Views: 12
  • Zoning Code: CH
Nearby Subdivisions
Hill  
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Headshot for Associate Lumi Bianconi
  1. Lumi Bianconi
  2. Tropic Shores Realty
  3. Mobile: 352.263.5572
  4. Mobile: 352.263.5572
  5. lumibianconirealtor@gmail.com