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116 N CHARLESTON AVE Fort Meade, FL 33841
2,562 SqFt
UPDATED:
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.
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
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by Gavin Perry CAPSTAR REAL ESTATE LLC