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$599,000
135 Days On Site

1029 W MAGNOLIA STREET
LEESBURG, FL 34748

For Sale|Office|Active
0
Beds
0
Total Baths
2,968
SqFt
$202
/SqFt
1977
Built
Subdivision:
LEESBURG
County:
Lake
Call Now: 321-804-3112
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321-804-3112
1029 W MAGNOLIA STREET1029 W MAGNOLIA STREET1029 W MAGNOLIA STREET1029 W MAGNOLIA STREET
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Monthly Payment (Est.)

$2,733
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Excellent Professional Office Building in Downtown Leesburg. 1/3 an acre, perfect location on a corner lot with 2 sides for parking. Current tenant in place, lease expires in a few months - building will be ready for an owner-occupant. (July 2026) This building has multiple (4) very large offices (one used to be a conference room), a Storage room in front of a very large safe, 3 restrooms, one of which has a shower. Kitchen/breakroom, nice reception office, and customer waiting room, plenty of storage, and closets. Currently has a tenant in place until the end of 2026. Great cash flow, CAP Rate 7.5. Modified Gross Lease. 17 parking spaces, and in 2011, the lot was repaved. Re-roof and Building Painted in 2020, Central AC Unit 2024 (7.5 Ton Rheem Split System), and a Mini Split located in the Computer Server Room. This is a very nice building that is very well taken care of. Great investment for an Owner-User or a nice investment. Located just down the street from all of the downtown activity. Local College, restaurants, and shops are within a few blocks away.

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Listing Snapshot
Price 
$599,000
Days On Site 
135 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,968 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.35 Acres
Year Built 
1977
MLS® Number 
G5104665
Status 
Active
Property Tax 
$5,768.93
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
0.35
Building Features 
BathroomsKitchen FacilityOn Site ShowerReception
Foundation 
Slab
Number Of Stories 
1
Property Sub Type 
Office
Sewer 
Public Sewer
SqFt Total 
2968
Water Source 
Public
Zoning 
C-2
Interior Features
Cooling 
Central Air
Flooring 
Carpet
Heating 
Central
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Exterior Features
Construction Details 
BlockStoneStucco
Lot Features 
Corner Lot
Road Frontage 
City Street
Roof 
Metal
Community Features
Financing Terms Available 
CashConventional
MLS Area 
34748 - Leesburg
Roads 
Asphalt
Township 
19S
Listing courtesy of REALTEAM REALTY INC. (352) 267-6216



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-04-01 08:56 PM EDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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