1 / 50$950,000 list price
location_onLABELLE, FL 33935 · Hendry County
HISTORIC MULTI-USE 5400 SF LANDMARK BLDG LOCATED AT FOOT OF BRIDGE ON HIGHWAY 29 AT ENTRANCE OF DOWNTOWN LABELLE! Let your building be your billboard on this high visibility one half-acre location with 3 street frontages, including Hwy 29 and Main Street! Originated in 1920 as LaBelle’s first bank, this sturdy, well-built structure is concrete block & stucco with a 2018 roof and multiple central air conditioning units. It is two stories with ground level currently configured as two 1500+/- SF retail spaces, which could easily be combined into a single space for a spectacular destination restaurant, event center or professional office. This business opportunity is multi-faceted with interior and exterior staircases (plenty of room for an elevator) to the upstairs. The second floor currently consists of four units, two approximately 800+/- SF 1 BR apartments and two 600+/- sf offices, all with private baths. The half-acre tract is cleared and partially fenced with a large storage shed. THIS HISTORIC LANDMARK IS AN INVESTOR’S DREAM OPPORTUNITY WITH INCOME POTENTIAL FROM MULTIPLE USES AND LOCATION-LOCATION-LOCATION!
Cooling
Heating
Waterfront
$190,000 down
Loan amount $760,000
Estimated monthly principal & interest
$4,804
Estimate excludes taxes, insurance, HOA dues, PMI, lender fees, and financial advice.
Southern Heritage Real Estate
863-675-4500