Nest Seekers

Multiple Income Streams Prime high traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road.

ORLANDO, FL 32806

Listing

Web ID:5551388
Website:https://www.nestseekers.com/5551388

Property

Ownership: Fee Simple
Type: Retail
Lot Size: 0.6 Acres

Financials

Price:$1,615,000
Annual Taxes:$9,566

Description

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. 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. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today to schedule your visit.
Virtual Tour: https://www.propertypanorama.com/instaview/stellar/O6415078

Amenities

  • Corner Lot
  • Electricity Available
  • Sidewalk
  • Water Connected
  • Store front on E Michigan
  • View of property from East. 2 SFH's. 45'x140' lot size
  • Aerial view from South with church to the W
  • Can keep current footprint with increased parking
  • Zoned for 35' height. Many 2 story properties on street
  • High School is just North of the K-8 School
  • 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 $$

Location

ORLANDO FL 32806 USA

Contact

Miami, FL
888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Phone: +1 305-203-4555
Fax: +1 305-675-0745
jm@nestseekers.com
Listing Courtesy of JR REALTY GROUP LLC
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