Business Opportunity Property - Office in Orlando
Listing Price: $4,250,000
Description of Property
Building video link below. Please copy and paste under a new tab. Introducing a highly-profitable and recession-proof business including real estate commercial property offering a unique opportunity to own and operate a thriving CoWorking space, furnished offices rental, and virtual office rentals. This well-maintained property boasts a 100% occupancy rate, guaranteeing a steady cash flow for the discerning investor. The building has been remodeled in 2020 and the co-working space business existed in this building since 2005. New owners and management since 2020. Building is located near Waterford mall, UCF, and east Orlando. Located in a prime location, this property benefits from a high-demand market and a strong reputation within the industry. With a proven track record of success, the CoWorking space and furnished office rentals have established themselves as a preferred choice for professionals and entrepreneurs seeking a flexible working environment. The property features state-of-the-art amenities, including modernized common areas, cutting-edge technology infrastructure, meeting rooms, a fully-equipped kitchen, and ample parking space. The CoWorking space offers a collaborative and vibrant atmosphere that fosters creativity and productivity, while the furnished offices provide a private and professional environment for individuals and teams. In addition, the virtual office rentals cater to those seeking a business address without the need for physical office space. With mail and call handling services, these virtual offices provide a professional image and convenience for remote workers and small businesses. At a over 10% Cap rate, this property presents an exceptional investment opportunity. The current business model is recession-proof, ensuring stability and long-term profitability. With a strong client base and recurring revenue streams, the potential for growth and expansion is significant. Don't miss out on this turnkey solution that offers both passive income and the chance to actively engage in a dynamic and ever-growing industry. Whether you are an experienced investor or a newcomer to commercial real estate, this property represents a sound investment with guaranteed returns. https://youtu.be/70pBTxH3aMY?si=hccE1UR6mvGwfwFC
Property Details At A Glance
Property Type: Business Opportunity
Property Use or Sub Type: Office
City: Orlando
County: Orange
Subdivision: Morningside
Sq. Ft. Gross: 11,546
Sq. Ft. Living Area: 11,546
Cost per (heated) sqare foot: $368
Year built: 2005
Annual Tax: $32,010
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
Appliances: Dishwasher, Refrigerator
Accessibility Features:
Window Features: Aluminum Frames, Blinds
Additional Rooms:
Ceiling Type:
Ceiling Height: 10 to 15 Feet
Flooring: Carpet, Laminate
Waterfront Info
Pool Features:
Spa Features:
Water Frontage:
Water Access: Not specified
Water Access Type:
Water View:
Exterior & Construction
Architectural Style:
Construction: Block, Cement Siding
Foundation: Block, Slab
Roof: Membrane
Exterior Features:
Parking Features: Over 30 Spaces
Floors Total: 1
Floors in Unit: One
Cooling: Central Air
Heating & Fuel:
Electric:
Patio & Porch Features:
Security Features:
- Closed Circuit Camera(s)
- Key Card Entry
- Security System
Other Structures:
View:
Fencing:
Utilities:
- Electricity Available
- Phone Available
- Public
- Water Connected
Sewer: Public Sewer
Water Source: Public
Community Features:
Association Amenities:
Lot Information
Lot Features: Retention Pond, Sidewalk
Lot Size (acres): 1.76
Lot Size (sq. ft.): 76,620 square feet
Road Frontage: Access Road
Adjoining Property: Commercial, Hotel/Motel
Current Adjacent Use:
Legal Description & Other Information
Financing Available: Conventional, USDA Loan
Parcel Number: 152231574802010
Zoning: P-O
Pets Allowed/Pet Policies: No
Tax Legal Desc.: MORNINGSIDE O/82 LOT 1 BLK B (LESS RD R/W ON E PER OR 4054/0767)
Listing courtesy of ORLANDO PRIME REALTY 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.