Commercial Sale Property - Retail in Orlando
Listing Price: $1,800,000
Description of Property
This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, and new 1000 sqft storage area) in the beginning of 2023. Modern Awnings are expected to be installed still this year (2023) at current owner's investment. This modern construction with block outer walls and impeccable design could be the recession resistant investment you’re looking for, currently leased to a well established Car Dealership in Orlando area that’s been operating for 7+ years. This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,785 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display. Investors’ special! Current lease at $9,000.00 / month NNN, which averages 6% cap rate at current listing price. Please review brochures and disclosures for extra information. Rates and information are from sources we deem reliable and is subject to change without notice according to change in price and conditions. Any and all information contained in the description is being provided without any representation or warranty, express or implied, as to the accuracy or completeness of the information.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Orlando
County: Orange
Sq. Ft. Gross: 2,785
Sq. Ft. Living Area: 2,785
Cost per (heated) sqare foot: $646
Year built: 1956
Annual Tax: $11,705
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances:
Accessibility Features:
Window Features: Impact Glass/Storm Windows, Shades
Additional Rooms:
Ceiling Type: Acoustical
Flooring: Tile
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block
Foundation: Basement, Slab
Roof:
Exterior Features:
- Electric Vehicle Charging Station(s)
- Lighted
- Over 30 Spaces
Floors Total: 1
Floors in Unit: One
Cooling: A/C - Office Only
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
- Fire Alarm
- Security System
- Smoke Detector(s)
Other Structures:
View:
Fencing:
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features:
- Corner Lot
- City Lot
- Out Parcel
Lot Size (acres): 0.47
Lot Size (sq. ft.): 20,386 square feet
Road Frontage: Highway
Adjoining Property: Commercial
Current Adjacent Use:
Legal Description & Other Information
Parcel Number: 192229695408043
Zoning: C-2
Tax Legal Desc.: PINE HILLS SUB NO 8 T/68 BEG SW COR LOT 5 RUN W 135 FT N 150 FT E 135 FT S 150 FT TO BEG BLK H
Listing courtesy of SUMMERHILL REALTY GROUP LLC. 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.