1309 E Michigan St - Office/Residential FOR SALE


Orlando, FL 32806- Delaney
$530,000 USD
321-689-8000
1309 E Michigan St, Orlando, FL for Sale
$530,000 USD
Office/Residential - FOR SALE
1/6
null | Request Cap Rate

1309 E Michigan St
Orlando, FL 32806
Delaney


HIGHLIGHTS

  • 2 parcels being sold together 1307 and 1309 E Michigan St Orlando, FL (Corner of E Michigan and Mayer St)
  • 1309 poor condition tenant vacating March 31, 2025
  • 1307 has a NEW ROOF and is completely gutted, ready for renovations !!!
  • Zoning is City of Orlando = MU-1/T Office/Retail/Medical...etc Approx. 4,000 SF building Approved
  • Each Lot is approximately .12 Acres each ** $20,000 PRICE REDUCTION !!! **
  • Located off E Michigan St between Conway and Downtown Orlando

OVERVIEW

Commercial Real Estate Professionals, Inc. and Mark Allen are pleased to offer this portfolio sale, Consisting of 2 properties, 1307 E Michigan and 1309 E Michigan St. 1307 E Michigan has a NEW ROOF and is gutted and ready for renovations! 1309 E Michigan is currently being rented month-to-month for $1000/month. Vacating March 31, 2025 Owner has been told by the City they would permit Approx 4,000 SF building if built North to South with Parking on the West parcel. The MU-1 Medium Intensity Mixed Use Corridor District. The MU-1 district is intended to provide for areas of mixed residential and office. Excellent location to combine the lots into one larger property, or use both individually as office space. ***$20,000 PRICE REDUCTION***

FOR SALE DETAILS

PRICE

$530,000 USD

PRICE/SF

$651 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

1307 + 1309 E Michigan St.

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

City of Orlando MU-1/T

APN/PARCEL ID

01-2329-5631-00-210

ASK ABOUT THIS PROPERTY

Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

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Mark AllenCommercial Real Estate Professionals, IncMore Info
321-689-8000

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