2510 S OAK AVE, SANFORD, FL, 32773
$395,000
Commercial Sale
Living Area
1,770 Sqft
Lot Size
7,261 Sqft
Back on market! Calling all investors!!! Potential of over 7% interest investment, definitely better than the bank interest or maybe even stock. Perfect location for any retail shop, office, nail spa, hair salon, cigar shop, or any kind of business. There are 4 units in one building and all 4 of them are leased, monthly income is approximately $2,300.00. It has the potential of much higher income. Newly painted. Each of these 4 units has its own bathroom, and Unit C has a shower plus plumbed for a sink outside. There are 4 separate electrical meters for each of the 4 units, and only 1 water meter for the whole building. The annual operating expense of $4,500.00 includes property tax, insurance, as well as the water usage which is about $150.00 monthly for all 4 units. Close to the Sanford Historic District and Lake Monroe, off 17-92 and Park Drive. Rare find with tremendous potential, don't wait!
Property Details
Property Features Property Features
MLS ID: MFRO6236802 Year Built: 1960
Construction Materials: Block Cooling: Central Air
Country: US County Or Parish: Seminole
Direction Faces: East Electric: 200+ Amp Service, Separate Meters
Flooring: Concrete Foundation Details: Slab
Green Indoor Air Quality: HVAC UV/Elec. Filtration Heating: Central
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash Lot Features: Curb and Gutters, City Limits, Paved
Occupant Type: Tenant Parking Features: Common
Possession: Close Of Escrow Property Condition: Completed
Property Sub Type: Retail Property Type: Commercial Sale
Road Frontage Type: Business District, City Street Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Paved Roof: Shingle
Security Features: Smoke Detector(s) Sewer: Public Sewer
Showing Requirements: Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available, Public Water Source: Public
Window Features: Aluminum Frames
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