Commercial Property for Sale · Leesburg, Florida
Live on it. Work on it. Store everything on it.
A 2.56-acre Planned Commercial estate in Leesburg, Florida. A Lake County zoning letter confirms you can live on site, run a business, and park commercial vehicles. Two climate-controlled buildings hold 8 to 10 vehicles, the custom home and a separate apartment share the fenced acreage, and an adjacent income-producing garage is available to assemble.
Land
2.56 Acres
Zoning
Planned Commercial (CP)
Residence
Built 2009
Asking
$1,600,000
The property
Two and a half acres, fully equipped.
Set on 2.56 fully fenced acres off County Road 473, the Leesburg Live-Work Estate was built to do three things at once: house your family, run your business, and protect what you collect. A Lake County zoning letter confirms the Planned Commercial (CP) zoning, so you can live on site, operate a business, and park commercial vehicles without a workaround. Two 32-by-64 climate-controlled buildings give you 4,096 square feet of secure storage for 8 to 10 vehicles, trucks, or equipment. The 2,624-square-foot custom home, a separate two-bedroom apartment, and a five-car carport handle the people. A stocked half-acre pond, mature fruit trees, well and septic, and partial irrigation round out the grounds. Rear access off Ironwood Avenue and a location bordering the Lake County Sheriff's shipping and receiving facility make it as practical for a working fleet as it is private for a collection.
- 013 bed / 3 bath custom home — 2,624 sq ft, built 2009
- 02(2) 32' × 64' climate-controlled buildings — 4,096 sq ft, holds 8 to 10 vehicles
- 03Separate 2-bedroom mother-in-law apartment
- 045-car carport
- 05Roughly half-acre stocked fishing pond
- 06Well and septic with partial irrigation
- 07Several mature fruit trees
- 082.56 acres, completely fenced
- 09Rear access via Ironwood Avenue
- 10Borders the Lake County Sheriff shipping & receiving facility
The grounds
Why this property
For collectors & enthusiasts.
- Two 32' × 64' climate-controlled buildings — 4,096 sq ft of protected space for 8 to 10 cars, plus boats, RVs, and motorcycles.
- Completely fenced acreage with rear access for privacy, security, and easy trailer loading.
- In the heart of Central Florida car culture — minutes from Mount Dora car shows and Leesburg Bikefest, with The Villages nearby.
For tradespeople & live-work.
- A Lake County zoning letter confirms the CP zoning lets you live on site, operate a business, and park commercial vehicles.
- 4,096 sq ft of climate-controlled shop and storage for trucks, trailers, tools, and equipment.
- Live in the main house, put crew or family in the separate apartment, and run the whole operation from one address.
For investors & operators.
- Adjacent Haines Creek Garage available at $1,500,000 — leased to an auto repair shop at about $8,000/month.
- Net operating income about $90,960/year, roughly a 6.1% cap rate, with the tenant paying all insurance.
- Combine both Planned Commercial parcels for a larger commercial assemblage on County Road 473.
Income opportunity · adjacent parcel
Haines Creek Garage
An adjoining commercial parcel is available now — an income-producing garage you can buy alongside the estate to assemble a larger holding on County Road 473.
- Currently leased to an auto repair shop at about $8,000/month ($96,000/year gross).
- Net operating income about $90,960/year: the tenant pays all insurance, the owner pays $5,040/year in property taxes (2025 bill).
- Roughly a 6.1% cap rate at the $1,500,000 asking price.
- Seven years remaining on the lease, including the building and equipment, with no escalations.
- Zoned Planned Commercial (CP) and adjacent to the estate — combine for a larger assemblage.
Location
Leesburg, Lake County.
32420 County Road 473, Leesburg, FL 34788 — in the heart of Lake County, minutes from Haines Creek and bordering the Lake County Sheriff's shipping & receiving facilities.
Questions
Answered straight.
- Where is the Leesburg Live-Work Estate located?
- The estate is at 32420 County Road 473, Leesburg, FL 34788, in Lake County. It sits minutes from Haines Creek and borders the Lake County Sheriff's shipping and receiving facility.
- Can I live on the property and run a business there?
- Yes. A Lake County zoning letter confirms the Planned Commercial (CP) zoning allows you to live on site, operate a business, and park commercial vehicles on the property.
- How much vehicle storage does the estate have?
- Two 32-by-64-foot climate-controlled buildings provide 4,096 square feet of protected storage, enough for 8 to 10 vehicles, plus a 5-car carport for additional parking.
- What is included in the main residence?
- A 2,624-square-foot, 3-bed/3-bath custom home built in 2009, plus a separate 2-bedroom mother-in-law apartment, on 2.56 fully fenced acres with a stocked pond, mature fruit trees, well and septic, and partial irrigation.
- How much does the property cost?
- The Leesburg Live-Work Estate is offered at $1,600,000. The adjacent Haines Creek Garage is available separately at $1,500,000, and both can be purchased together as a single commercial assemblage.
- What income does the adjacent Haines Creek Garage produce?
- The Haines Creek Garage is leased to an auto repair shop at about $8,000/month ($96,000/year gross). With the tenant paying all insurance and the owner paying $5,040/year in property taxes (2025 bill), net operating income is roughly $90,960/year, about a 6.1% cap rate. Seven years remain on the lease, including the building and equipment, with no escalations.
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Lee Johnson · Licensed Real Estate Broker · Florida Real Estate Growth Services · (352) 455-4228