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1664 Southeast Baya Drive
Lake City, FL 32025
Asking Price
$500K
Asset Type
Retail
Class
Class B
What's Special
COMMERCE USE ON BAYA DR & INCOME FROM RESIDENTIAL ON CRAIG AVE <p><span style="color: rgba(0, 0, 0, 1)">Commercial property with additional income-producing residential home on site. CI zoning offers broad commercial flexibility and features a large open space with concrete flooring, kitchen area, and restroom, well suited for retail, service, or other commercial uses. Excellent visibility and frontage along SE Baya Drive. Zoning regulations are attached for review. The property also includes a separate concrete block 3BR/1BA residence (approx. 950 SF, buil
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NOI
$80,000
Cap Rate
16.00%
DSCR
2.69
Strong
Cash-on-Cash
33.54%
Monthly Payment
$2,473.727
Annual Cash Flow
$50,315.274
