Commercial Sale Property - Warehouse in Orlando
Listing Price: $2,299,000
Description of Property
SELLER FINANCING AVAILABLE! This versatile warehouse-style property boasts immense potential and occupies a highly sought-after, high-visibility location in the heart of Orlando, just one mile from the intersection of SR 408 and I-4, with SR 408 at the rear and Old Winter Garden Rd. at the front. Additionally, the property features an owned billboard space offering direct advertising exposure to both SR 408 and Old Winter Garden Rd., with further potential for additional billboards and signage. The existing billboard generates passive income, currently at $23,000 per year but with the potential to increase to $29,000-$30,000 per year. With two separate entrances for operational convenience and customer accessibility, this property comprises three buildings, including two interconnected structures. Inside these buildings, a variety of flexible layouts are possible, supported by four available bathrooms on the premises. The first building contains eight spacious bays, each boasting high ceilings and approximately 800 sq ft, with individual office spaces within each bay. The second building features 18 units, each sized at 200 sq ft, with some units already combined to meet the specific needs of current tenants. Additional income opportunities come in the form of a two-bedroom security apartment located at the front of the property. This apartment can continue to serve as living quarters or be converted into office space, complete with a kitchen and living room. Moreover, the property's expansive size allows for the storage of RVs, boats, trailers, recreational vehicles, and more. Alternatively, there is the potential to develop a climate-controlled self-storage facility on-site. The possibilities are truly limitless. Whether you maintain the property in its current state or embark on a complete overhaul, this investment opportunity should not be overlooked.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Warehouse
City: Orlando
County: Orange
Sq. Ft. Gross: 11,880
Total Units: 27
Year built: 1984
Annual Tax: $12,171
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Refrigerator
Accessibility Features:
Window Features:
Additional Rooms:
Ceiling Type:
Flooring: Concrete, Laminate
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
- Block
- Metal Frame
- Metal Siding
- Stucco
Foundation: Slab
Roof: Metal, Shingle
Exterior Features:
Parking Features: 19 to 30 Spaces, Common
Floors Total: 1
Floors in Unit: One
Cooling: Wall/Window Unit(s)
Heating & Fuel: Wall Units / Window Unit
Electric:
Patio & Porch Features:
Security Features:
Other Structures: Other
View:
Fencing:
Sewer: Septic Tank
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Central Business District
Lot Size (acres): 0.84
Lot Size (sq. ft.): 36,667 square feet
Road Frontage: Street Paved, Business District, Highway, Main Thoroughfare, State Road
Adjoining Property:
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Cash, Conventional, Other
Parcel Number: 282229000000098
Zoning: C-3
Tax Legal Desc.: BEG 160 FT E OF W LINE OF SEC ON C/L OFORLANDO-WINTER GARDEN RD TH RUN E 102 FTS 339 FT W 261.95 FT N 25.85 FT E 159.92 FT N 308.33 FT TO POB (LESS N 33 FT FOR RD) IN SEC 28-22-29
Listing courtesy of EXIT GLOBAL REALTY. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.