2550 E IRLO BRONSON MEMORIAL HWY #H, KISSIMMEE, FL, 34744
$4,000,000
Commercial Sale
Living Area
11,496 Sqft
Lot Size
87,991 Sqft
>>>> PRICE REDUCED!!! Owner wants offers and is motivated!!! <<<< The property is situated in a PRIME LOCATION, making it attractive for various business opportunities due to its accessibility and visibility. Located directly on E Irlo Bronson Memorial Highway and less than a 1/2 mile from the Florida Turnpike, the subject property is readily accessible to various local, county, state and interstate highways. Highway 17-92, highway 441, Florida Turnpike, Interstate 4 all pass within several miles of the site and serve as major communication and intra-regional transport routes linking Orlando, Kissimmee, St. Cloud, Melbourne, Tampa and Miami. This area continues to be developed and redeveloped, and the possibilities are promising. Currently there are 8 separate structures that include a single-story motel with 15 1st Floor units and 3 2nd Floor Units; several stand-alone apartments; and mobile homes, for a total of 40 RENTAL UNITS. The income is good, with the hotel/motel and additional rental units, and has a great upside potential, but the real value in this property is in the land. The income producing part of this property lies on the front 1 acre while the 1+ acre in the rear remains vacant just waiting to be developed. With a mix of residential and commercial opportunities, it is a versatile area for living, investment or redevelopment. This property presents a significant investment opportunity in a growing area of Kissimmee, Florida. Per the owner, "$30,000 Monthly Gross with $10,000 Monthly Overhead"
Property Details
Property Features Property Features
MLS ID: MFRO6300482 Year Built: 1955
Construction Materials: Block, Frame Cooling: Wall/Window Unit(s)
Country: US County Or Parish: Osceola
Direction Faces: Northeast Foundation Details: Slab
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional, FHA
Parking Features: Parking Spaces - 19 to 30 Possession: Close Of Escrow
Property Condition: Completed Property Sub Type: Hotel/Motel
Property Type: Commercial Sale Road Frontage Type: Divided Highway, Highway
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt, Gravel, Paved
Roof: Shingle Sewer: Septic Tank
Showing Requirements: Appointment Only, Call Before Showing, Call Listing Agent Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Water Connected Water Source: None
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