Ad #7651518
MLS #321898
VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY -
104 Us Hwy 27 S, Avon Park, Florida, 33825
$1,100,000
--Beds
--Baths
9,743Sqft
0.870Acres
About this property
VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY - PRIME US-27 FRONTAGE Rare chance to acquire a high-visibility commercial property along US-27 in Avon Park with exceptional redevelopment upside. The property currently features a 5,670 SF retail strip center fronting US-27, a 3,198 SF secondary building, and an 875 SF apartment, offering immediate income with significant repositioning potential. The proposed redevelopment concept transforms the property into a modern hybrid retail + self-storage facility, capitalizing on strong highway exposure and growing demand for climate-controlled storage. The concept includes 5 renovated retail suites along US-27, second-floor climate-controlled storage (~5,000 SF) above the retail, a signature tower/parapet feature visible from the highway, three neighborhood retail suites in the rear building, and a secure drive-up mini-storage courtyard (approx. 60-70 units) positioned behind the buildings. This configuration creates a diversified income property with multiple revenue streams from retail, climate storage, drive-up storage, and residential rental. Based on market rents and the proposed layout, the stabilized redevelopment scenario indicates the potential for significant income growth and value creation compared to the current under-market rents and vacancy.Upside Potential Proforma 8%+- Cap Rate /$214k+- NOI;Ideal buyers may include: 10 Federal Storage, Absolute Storage Management, Out O' Space Storage, Prime Storage Group or Independant Operator affiliated with UHaul. Current below market rate tenants including a hair salon, pet store, nail salon, Bingo parlor,etc. Buyer to verify all information and perform independent due diligence.
Property Features
0 Beds
0 Baths
9,743 Sqft
Built in 1957
0.870 Acres
2 Stories
Siding: Concrete Block
Other (Heating), Electric (Heating), Central
$7,690 / yr property tax
Highlands County
Additional Photos
Contact Information
Stephen Edward Smith
Advantage Realty
865-803-3045
Location
Listing Agent: Stephen Edward Smith 865-803-3045
Broker: Advantage Realty 863-386-0303 Listing Site
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Advantage Realty 863-386-0303 Listing Site
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026
Photo Gallery
$1,100,000
--
Beds
--
Baths
9,743
Sqft
104 Us Hwy 27 S, Avon Park, Florida, 33825
By contacting this agent you agree to these Terms and Conditions.
MLS# 321898
VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY -
$1,100,000
104 Us Hwy 27 S, Avon Park, Florida, 33825
--
Beds
--
Baths
9,743
Sqft
0.870
Acres
$1,100,000
104 Us Hwy 27 S, Avon Park, Florida, 33825
-- Beds
-- Baths
9,743 Sqft
0.870 Acres
Accessibility Features
Accessible Approach with Ramp
VALUE-ADD RETAIL + SELF-STORAGE REDEVELOPMENT OPPORTUNITY - PRIME US-27 FRONTAGE Rare chance to acquire a high-visibility commercial property along US-27 in Avon Park with exceptional redevelopment upside. The property currently features a 5,670 SF retail strip center fronting US-27, a 3,198 SF secondary building, and an 875 SF apartment, offering immediate income with significant repositioning potential. The proposed redevelopment concept transforms the property into a modern hybrid retail + self-storage facility, capitalizing on strong highway exposure and growing demand for climate-controlled storage. The concept includes 5 renovated retail suites along US-27, second-floor climate-controlled storage (~5,000 SF) above the retail, a signature tower/parapet feature visible from the highway, three neighborhood retail suites in the rear building, and a secure drive-up mini-storage courtyard (approx. 60-70 units) positioned behind the buildings. This configuration creates a diversified income property with multiple revenue streams from retail, climate storage, drive-up storage, and residential rental. Based on market rents and the proposed layout, the stabilized redevelopment scenario indicates the potential for significant income growth and value creation compared to the current under-market rents and vacancy.Upside Potential Proforma 8%+- Cap Rate /$214k+- NOI;Ideal buyers may include: 10 Federal Storage, Absolute Storage Management, Out O' Space Storage, Prime Storage Group or Independant Operator affiliated with UHaul. Current below market rate tenants including a hair salon, pet store, nail salon, Bingo parlor,etc. Buyer to verify all information and perform independent due diligence.
11 days
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Property Details
HOME DETAILS
0 Beds
0 Baths
9,743 Sqft
Built in 1957
0.870 Acres
2 Stories
EXTERIOR
Siding: Concrete Block
INTERIOR
Other (Heating), Electric (Heating), Central
FINANCIAL & COMMUNITY
$7,690 / yr property tax
Highlands County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7651518
Viewed
11 times
Listing Status
Active
Added
Jul 13, 2026
Last Refresh
Jul 24, 2026 04:01:17 PM
Listing Information
Data Source
Heartland Multiple Listing Service, Inc.
Source Property ID
321898
Listing Agent: Stephen Edward Smith 865-803-3045
Broker: Advantage Realty 863-386-0303 Listing Site
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Advantage Realty 863-386-0303 Listing Site
Copyright © 2026 Heartland Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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