116 N CHARLESTON AVE, Fort Meade, FL 33841
116 N CHARLESTON AVE, Fort Meade, FL 33841
116 N CHARLESTON AVE, Fort Meade, FL 33841
116 N CHARLESTON AVE, Fort Meade, FL 33841
116 N CHARLESTON AVE, Fort Meade, FL 33841
116 N CHARLESTON AVE, Fort Meade, FL 33841
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,250,000
Est. payment | /mo

2,562 SqFt


$ 1,250,000
Est. payment | /mo

2,562 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,562 sqft

Price per Sqft $487

Subdivision Robesons F D Mrs Sub

MLS Listing ID TB8556523

HOA Y/N No

Year Built 1965

Annual Tax Amount $10,137

Lot Size 0.370 Acres

Acres 0.37

Property Sub-Type Retail

Source Stellar MLS

Property Description

CapStar Real Estate presents the Income-producing retail investment on US Highway 17 in downtown Fort Meade. Offered at $1,250,000, this property features a Circle K convenience store and laundromat totaling approximately 4,062 SF across two buildings on 0.37 acres. The corner location at N Charleston Avenue and 2nd Street offers highway frontage, 15 on-site parking spaces, and exposure to approximately 24,500 vehicles daily, as cited in the appraisal. Reported improvements include convenience-store renovations in 2013 and laundromat renovations in 2025.

The appraisal identifies Circle-K Stores, Inc. as the master tenant for the entire property, with the laundromat subleased to Bright Laundromat, LLC. Appraisal-reported annual rent and NOI of $73,769 indicate a 5.90 capitalization rate at the asking price, based on the appraisal's absolute-net lease assumption. Current rent, lease term, renewal options, and expense responsibilities are subject to verification.

Sale includes the leased-fee real estate interest only. The adjacent Circle K-owned fuel parcel, canopy, tanks, and pumps are excluded. Operating businesses, tenant-owned equipment, and inventory are not included. Buyer to verify all property, financial, lease, and environmental information. Please do not disturb tenants or employees; all inquiries and showings must be coordinated through the listing agents.

Location

State FL

County Polk

Community Robesons F D Mrs Sub

Area 33841 - Fort Meade

Zoning BA

Interior

Cooling Central Air

Exterior

View Y/N No

Water Access No

Building

Foundation Block

Lot Size Range 1/4 to less than 1/2

Structure Type Concrete

New Construction false

Others

Ownership Co-op

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8556523

Stellar MLS
Listed by Gavin Perry CAPSTAR REAL ESTATE LLC

Schools and Properties Nearby

Esteban Clavell

Find out why customers are choosing LPT Realty to meet their real estate needs

Learn More About LPT Realty

Name
Phone*
Message

Tour the Home

116 N CHARLESTON AVE