SQUARE FEET4,282
MLS#O6415078
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONWEIDOWS
Property 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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.56 Acres
Taxes: $9,566
Year Built: 1982
Feature Descriptions
Days on Site: 56
Directions: Follow I-4 to W Michigan St in Orlando. Head East on W Michigan St, which turns into E Michigan St after passing the intersection at Orange Ave. Continue heading East on E Michigan St and the destination will be on your right at the corner of Michigan St
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Corner Lot, Sidewalk
Lot Dimensions: 0.56
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Retail
Road Frontage: 316
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent 2,Call Before Showing, Call Listing Agent, Call Listing Office, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Water Connected
Water Access Y/N: No
Zoning: C-1
Listed By / Shown By
Listed By
Agency Name: JR REALTY GROUP LLC
Agency Contact: 407-920-4624
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
884 E Michigan Street | MLS# O6415078
This commercial property located at 884 E Michigan Street, Orlando, FL 32806 is currently listed for sale with an asking price of $1,615,000. Search Orlando real estate on www.realtymarkllc.com today.