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, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. 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. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. 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

View Y/N No

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
Nearby Locations
Christopher Schaefer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(813) 702-9986

chris@liveintampa.com

3309 W Bay To Bay Blvd, Tampa, FL 33629, USA

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884 E MICHIGAN ST