Watch the video below to see this property's robust and central location within Winter Haven's city limits

Asking Price: $460,000

Welcome to 701 E Canal St., Mulberry, FL – a prime commercial property offering endless possibilities in a strategic location. This 3,140 SF building, nestled on 0.22 acres of land under C-2 zoning, stands ready to accommodate a variety of ventures. Previously operating as a laundromat, this versatile space is now available for your vision. The property boasts the potential for 16 parking spaces across two parcels, providing convenience for both customers and employees. The building's appeal is enhanced by a recent 2022 roof installation, ensuring a worry-free ownership experience with minimal capital expenditures in the foreseeable future. This significant improvement adds tremendous value and security for any new owner. Strategically positioned along E Canal St., a main artery within Mulberry city limits, the property enjoys a robust daily traffic flow of 23,000 vehicles. This high visibility makes it an ideal spot for a restaurant or any retail business seeking exposure to a broad audience. Surrounded by established businesses such as the Marathon gas station to the west and Carter's BBQ to the east, the property opens up collaborative opportunities with a range of neighboring enterprises. The diverse landscape of nearby businesses creates an environment where your venture can thrive and complement the existing local offerings. Notably, the City of Mulberry has acquired adjacent land on the north side of E Canal St. with confirmed plans to build their new headquarters. This strategic development aligns perfectly with the property, promising increased foot traffic and potential collaboration opportunities for any business occupying this space. In summary, 701 E Canal St. presents a unique opportunity for entrepreneurs and businesses looking to capitalize on a well-maintained, strategically located commercial space with a proven track record and exciting prospects for the future. Don't miss the chance to make this property the foundation for your next successful venture.

Terms:

Sold without business and doesn't include equipment. Deed restriction upon sale of not operating any coin laundry or laundromat

Property Summary:

Building SF: 3,140 SF

Price / SF: $146/SF

Occupancy: Vacant

Available SF: 3,140 SF

Lot Size: 0.22 acres (both parcels)

Frontage: 104 FT on E Canal St

Signage: Pylon Signage

Parking: 16

Parking Ratio: 5/1000

Renovated: 2022

Year Built: 1944

Zoning: C-2

Parcel ID's 23-30-01-142480- 003040/003030

Traffic 23,000 vehicles per day

Location Overview:

Mulberry's Growth Potential: Strategic location: Situated near Lakeland, Tampa, and Orlando, Mulberry benefits from the economic vibrancy of these larger cities. Its proximity to major transportation routes like I-4 and US-92 further enhances its accessibility. Affordable living: Compared to its bustling neighbors, Mulberry offers a lower cost of living, attracting residents and businesses seeking value. Planned development: The city has a well-defined 2030 Comprehensive Plan that guides future growth, focusing on infrastructure improvements, mixed-use development, and preserving natural areas. Recent Growth Indicators: Population increase: Mulberry's population has steadily grown in recent years, with a current estimated population of 4,103, reflecting a 3.38% increase since 2020. Business expansion: Mulberry has witnessed an influx of new businesses, including the Streamsong Resort, a luxury golf course complex, and the CSX Integrated Logistic Center, a major logistics hub. Downtown revitalization: Mulberry's downtown area is undergoing a transformation, with initiatives like the conversion of a building into a warehouse-style eatery, adding vibrancy to the city center. Overall, Mulberry appears to be well-positioned for continued growth. Its strategic location, affordable living options, and planned development efforts create a promising outlook for the city's future.

Property Highlights

• C-2 Zoning - Highway Commercial (within city of Mulberry): Endless Possibilities - Retail Shops, Restaurants, Offices, Salons, Medical Services, and More!
•  Direct Frontage on E Canal St: Capture the Attention of Thousands of Daily Commuters and Local Residents, With an Average Daily Vehicle Count of 23,000 Vehicles Per Day!
• High-visibility Off-Corner Location: Stand Out From the Crowd With Maximum Exposure to Foot and Vehicle Traffic.
• Future City Hall headquarters planned to be built directly across the property which would present high visibility and attractiveness.
• On-site Parking: Accommodate Your Customers With Convenient on-site Parking.
• Move-in Ready: Start Your Business Quickly and Capitalize on the Thriving Winter Haven Market.
• Potential for Outdoor Seating or Patio Space

Please contact for a marketing package.

Richard@RKommercial.com