884 E MICHIGAN ST, ORLANDO, FL, 32806
$1,615,000
Commercial Sale
Living Area
3,258 Sqft
Lot Size
24,572 Sqft
Attention small business owners and investors, unique multiple cashflow opportunity. Prime high-traffic retail location on E Michigan Street. Corner .56-acre lot includes the main building which has 2 standard garage doors, 2 bathrooms and 4 additional entrances. Can be divided or maintained as the open thrift outlet but would be easily adapted to most commercial activities. The 2 single family residences included in the purchase can be torn down and re-zoned to 2 homesites, with 50 ft x140 ft lots, and potential new zoning may allow for heights soaring 2 or 3 stories. The properties are at the back entrance to Blankner K-8 School and an easy walk to Boone High. Stacked billboards are included in this commercial product offering multiple potential sources of income. The retail space has ample parking and has served as a hub for generations. The combination of great location with multiple-sourced income potential offers a special opportunity that will not last long. Contact us today to schedule a visit.
Property Details
Property Features Property Features
MLS ID: MFRO6415078 Year Built: 1982
Construction Materials: Block, Stucco Cooling: Central Air
Country: US County Or Parish: Orange
Direction Faces: North Foundation Details: Slab
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Commercial Financing
Lot Features: Corner Lot, Sidewalk Occupant Type: Tenant
Property Sub Type: Retail Property Type: Commercial Sale
Road Frontage Type: City Street Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Sewer: Public Sewer
Showing Requirements: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Utilities: Electricity Available, Water Connected
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