1020 W Michigan St - Office FOR SALE


Orlando, FL 32805
$795,000 USD
321-287-3991
1020 W Michigan St, Orlando, FL for Sale
$795,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

1020 W Michigan St
Orlando, FL 32805


HIGHLIGHTS

  • Great opportunity for signage with high visibility on a prominent street
  • Adjacent to Interstate 4 and very close to 408 (East-West Expressway)

OVERVIEW

This unique commercial property located right in the center of Orlando, adjacent to Interstate 4 and very close to 408 (East-West Expressway, on a 4-lane road, previously home to a successful business for 27 years and another for 7 years, offers an ideal opportunity for new ownership. One Building is 2,000+ sq. ft. centrally air-conditioned (new AC unit in 2022) constructed new in 1988, It is mostly ADA compliant, concrete block building with 2 10'x10' offices and lobby and remaining open space with drop ceiling. 2 bathrooms. Second building is an 820 sq. ft. efficiency Duplex with separate electric meters and grandfathered zoning with unlimited potential (example: Rent it out as is, remodel for residence of owner/operator, additional warehouse/storage space for business etc. etc. This versatile space is a valuable investment in a sought-after central area. Lot size: 12,200 sq. ft. (100' wide x 122' deep). Zoned C-2. 9 parking spaces. Concrete parking lot. Recently connected to sewer. 220 volts, 3 phase electrical supply available on main property. Green space. No HOA Ideal for businesses needing easy and fast access all over Greater Orlando like: Florists, Pest Control, Pet Care & Boarding, offices, small manufacturing, Service industries, Distribution, Catering, Air Conditioning, Plumbing, Electrical, Contractors etc. etc. saving a lot of valuable time in traffic.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C-2

APN/PARCEL ID

03-2329-0180-60-050

ASK ABOUT THIS PROPERTY

Rick SaigalRick SaigalMore Info
321-287-3991

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Rick SaigalRick SaigalMore Info
321-287-3991

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.