FANTASTIC INVESTMENT OPPORTUNITY!!! Great Location on a corner lot provides the current tenants with high visibility and great traffic. Divided Highway with dedicated turn lane makes customer access a breeze.
Currently being operated for the last 7 years as a successful auto sales office, with separate but adjacent auto repair facilities.
Current CAP Rate of 4.5%, based on existing net lease and listing price.
New Owners will have the chance to extend the current lease when it ends, or capitalize on the amazing potential this location has.
Main building is being used as auto sales, with repairs in dedicated workshop area. There is also an older additional building being used as storage, which can be renovated or removed. With this bustling location, the possibilities are endless.
Currently being operated for the last 7 years as a successful auto sales office, with separate but adjacent auto repair facilities.
Current CAP Rate of 4.5%, based on existing net lease and listing price.
New Owners will have the chance to extend the current lease when it ends, or capitalize on the amazing potential this location has.
Main building is being used as auto sales, with repairs in dedicated workshop area. There is also an older additional building being used as storage, which can be renovated or removed. With this bustling location, the possibilities are endless.
Property Details
Price:
$799,900
MLS #:
O6221932
Status:
Active
Beds:
0
Baths:
0
Address:
4808 OLD WINTER GARDEN ROAD
Type:
Commercial
Subtype:
Retail
Subdivision:
KLONDIKE
City:
ORLANDO
Listed Date:
Jul 10, 2024
State:
FL
Finished Sq Ft:
715
ZIP:
32811
Lot Size:
8,287 sqft / 0.19 acres (approx)
Year Built:
1952
Schools
Interior
Cooling
A/ C – Office Only
Exterior
Community Features
Sidewalks
Construction Materials
Cement Siding, Wood Frame
Other Structures
Storage, Workshop
Roof
Shingle
Financial
Buyer Agent Compensation
3%%
Tax Year
2023
Taxes
$1,315
Map
Community
- Address4808 OLD WINTER GARDEN ROAD ORLANDO FL
- CityORLANDO
- CountyOrange
- Zip Code32811
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Courtesy of RE/MAX MARKETPLACE. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
4808 OLD WINTER GARDEN ROAD
ORLANDO, FL
LIGHTBOX-IMAGES