1309 E Michigan St - Office/Residential FOR SALE


Orlando, FL 32806
$530,000 USD
407-737-9797
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


HIGHLIGHTS

  • 2 parcels being sold together 1307 and 1309 E Michigan St Orlando, FL (Corner of E Michigan and Mayer St)
  • 1309 poor condition (Currently being rented on a month -to-month lease @ $1000/month
  • 1307 has a NEW ROOF and is completely gutted, ready for renovations !!!
  • Zoning is City of Orlando = MU-1/T MU-1 Medium Intensity Mixed Use Corridor District.
  • 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. 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
407-737-9797

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Mark AllenCommercial Real Estate Professionals, IncMore Info
407-737-9797

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