PRICE: $249,000
ARVE: ~$690,000 (at 35% expense ratio & 7% cap rate)
Potential Cash Flow: ~$4,030/month ($6,200 gross rents less 35% expenses)

Cross-streets: Main St & Railroad Ave

• Building Size: 2,500 s.f.
• Lot Size: 9,993 s.f.
• Year Built: 1945
• APN / County: 27-27-29-783000-051130/ Polk County
• Zoning: RM
• Property Class: Commercial
• Property Type: Retail Stores (Personal Services, Photography, Travel)

Property Highlights:

• Retail Storefronts with Big Potential in downtown Haines City, FL
• Can have a retail store, plus 6 salon suites.  Or convert to another purpose.
• Kitchen + 3 Baths + multiple rooms.
• Plenty of Parking: ~11 spaces + extra parking nearby.
• With RM zoning, could be converted to a PadSplit-type model.
• Was operating as a Hair Salon and a store (sold wigs, etc.); previously was a Shoe store.
• Was producing approximately $5,000/month in rental income.
• Requires $$ to remodel it for your purpose, but Cap Rate will be Strong once rented!
• New Income Potential:  $175/week x 4 weeks x 6 Salon Chairs = $4200/mo + $2000 for retail space = $6,200/mo.
• No HOA!
• Ideal for passive investors or owner-operators looking to start a new business, or expand/relocate their existing business.
• Strong upside with multiple income streams available.