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Description
MULTIPLE INCOME STREAMS - Prime high-traffic East Michigan Street corner lot location, over half-acre. Although the main building has served as a thrift outlet, it can be easily adapted to numerous retail or service provider configurations, ranging from, but certainly not limited to, vape shops to professional services. In addition to the 2 standard garages, 3 bathrooms and 4 additional entrances, there is ample commercial parking. Enhance your annual ROI with tens of thousands in PASSIVE RENTAL INCOME from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. MORE PASSIVE INCOME via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. Contact us today to schedule your visit.
Property Highlights
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.56 Acres
Taxes: $9,566
Year Built: 1982
General Information
County: Orange
Subdivision: WEIDOWS
Listed By:
John Vincent
JR REALTY GROUP LLC
407-920-4624
MLS ID: O6415078
Property Features
Days on Site: 43
Directions: Follow I-4 to W Michigan St in Orlando. Head East on W Michigan St, which turns into E Michigan St after passing the intersection at Orange Ave. Continue heading East on E Michigan St and the destination will be on your right at the corner of Michigan St
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Corner Lot, Sidewalk
Lot Dimensions: 0.56
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Retail
Road Frontage: 316
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Water Connected
Water Access Y/N: No
Zoning: C-1
Shown By
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884 E Michigan Street, Orlando, FL 32806.
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