Commercial Sale · Office
401 E NORTH BOULEVARD, LEESBURG, FL, 34748
Active149 days on marketListed Feb 25, 2026MLS #G5108765
About this property
The property at a glance
Fantastic Opportunity to own this 9800 sq ft Medical or Professional Office space with 115 feet of highway frontage on 441 . Fantastic income property. This building consists of just under 10,000 sq ft. There are a total 3 units. 1 - 5800 sq ft unit that is leased at $5,000 per month for a 5 year term and has 3 years left and 2 identical 2,000 sq ft offices that are now vacant and getting ready for the next tenant. The building is in excellent condition. The owners had the parking lot repaved and re-striped and the exterior painted last year. The large 5,800 sq ft space can be built out to 2 or 3 units if you want more rental opportunities. This building is located on 441 and has fantastic road traffic and exposure. Rent out the other 2 units for 10% + cap income property. The parking lot will accommodate 60+ vehicles. Lots of options available. Use all 9800 sq ft, Use the 3 separate units or create more units for more income. This is a great owner operator property as well with your tenants paying your mortgage for you. Great location that is just minutes from the hospital.
9,800
Building sq ft
$128
Price / sq ft
1.13
Lot acres
2005
Year built
1
Building
C-3
Zoning
Office
Property type
The numbers
Investment snapshot
10.6%
Cap rate
$132,000
Net operating income
Estimated payment (illustrative)
Estimated payment
$7,462/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Steeve to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
45,960
Population
$53,768
Median income
60.4
Median age
2.14
Avg household
$226,200
Median home value
$1,181/mo
Median rent
3,516
Households w/ kids
Recent sales
What actually sold near 401 E NORTH BOULEVARD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$1,400,000
1414 E MAIN STREET
7,511 sqft · $186/sqft · Sold Jun 2, 2025
$900,000
206 N 3RD ST
6,939 sqft · $130/sqft · Sold Oct 2, 2025
$585,000
1020 & 1014 E NORTH ( US HWY 441) BOULEVARD
5,850 sqft · $100/sqft · Sold May 26, 2026
Your team
The pros in your corner
Your agent
Steeve Cadeau
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 401 E NORTH BOULEVARD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 401 E NORTH BOULEVARD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Steeve's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of RE/MAX TITANIUM GROUP · Stephen Misciagno. MLS #G5108765.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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