Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Retail |
| Lot Size: | 0.6 Acres |
Financials
Price:$1,615,000
Annual Taxes:$9,566
Listing Courtesy of JR REALTY GROUP LLC
MULTIPLE INCOME STREAMS Prime high traffic East Michigan Street corner lot location, over half acre.
- Store front on E Michgian
- View of property from East. 2 SFH's. 45'x140' lot size
- Aerial view from South with church to the W
- 4
- Can keep current footprint with increased parking
- Zoned for 35' height. Many 2 story properties on street
- 7
- 8
- 9
- High School is just North of the K-8 School
- 11
- 12
- Looking towards downtown/SODO Orlando area
- View of A rated schools just North of this Commercial/Residential Opportunity.
- View of Lake Pineloch
- Major road with traffic light. Billboard brings $$
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.
Amenities
- Corner Lot
- Electricity Available
- Sidewalk
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
