884 E MICHIGAN ST, Orlando, FL 32806
884 E MICHIGAN ST, Orlando, FL 32806
884 E MICHIGAN ST, Orlando, FL 32806
884 E MICHIGAN ST, Orlando, FL 32806
884 E MICHIGAN ST, Orlando, FL 32806
884 E MICHIGAN ST, Orlando, FL 32806
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$ 1,615,000
Est. payment | /mo

3,258 SqFt


$ 1,615,000
Est. payment | /mo

3,258 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,258 sqft

Price per Sqft $495

Subdivision Weidows Sub

MLS Listing ID O6415078

HOA Y/N No

Year Built 1982

Annual Tax Amount $9,566

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 140x176

Property Sub-Type Retail

Source Stellar MLS

Property Description

MULTIPLE INCOME STREAMS - Prime high-traffic East Michigan Street corner lot location, over half-acre. Although the main building has served as a thrift outlet, it can be easily adapted to numerous retail or service provider configurations, ranging from, but certainly not limited to, vape shops to professional services. In addition to the 2 standard garages, 3 bathrooms and 4 additional entrances, there is ample commercial parking. 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. Contact us today to schedule your visit.

Location

State FL

County Orange

Community Weidows Sub

Area 32806 - Orlando/Delaney Park/Crystal Lake

Zoning C-1

Interior

Cooling Central Air

Exterior

Utilities Available Electricity Available, Water Connected

Water Access No

Exposure North

Building

Lot Description Corner Lot, Sidewalk

Foundation Slab

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Structure Type Block,Stucco

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6415078

Stellar MLS
Listed by John Vincent JR REALTY GROUP LLC

Schools and Properties Nearby

Melissa Rivera

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(407) 433-2127

melissa.rivera@lptrealty.com

1400 S International Pkwy, Mary, FL, 32746

Learn More About LPT Realty

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884 E MICHIGAN ST