Massachusetts Ave Mixed Use Office Bldg Listing Details & Market Data

N Mass & MyrtleThis is an investment opportunity in midtown Lakeland, FL. Currently running as a daycare center, this property comprises 5,180 SF on 5 tax parcels, totaling half an acre. The property is within the Lakeland Community Redevelopment Area (CRA). The facility has an abundance of spaces, including a traditional reception staff with waiting room, several play areas, classrooms, wide open activity and meal center, with separate kitchen and private manager office. There are 2 multi stall bathrooms, and throughout the facility, a combination of polished concrete, carpet, activity tile and linoleum flooring. There is also an outdoor playground for the students. The property is fenced and has ample parking, with approx. 6 entrance space and 12 spaces in the rear of the building. Easy pick up and drop off area. Current annual rent is $45,000, with the current term expiring in October 2024, with (2) I 1 year renewals with increases. Tenant is responsible for their own utilities, repairs, and maintenance. Property is on city water and sewer. Property taxes - $5,581.