$625,000
$723,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
3,010 SqFt
SOLD DATE : 01/13/2023
Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,010 sqft
Price per Sqft $207
Subdivision Hickeys Sub
MLS Listing ID O6068349
Sold Date 01/13/23
Construction Status Completed
HOA Y/N No
Year Built 1935
Annual Tax Amount $5,474
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Retail
Source Stellar MLS
Property Description
Turn key Rental, Perfect for 1031 buyer with 8% cap rate. Commercial Warehouse/office for sale. There are two buildings total, first one is a 1,210 sq ft office, very nicely remodeled and well taken care of. The second is a 2019 1800 sqft steel warehouse with 4 bays thats currently being used as storage. The seller will leaseback the business with a 5 year lease and 5 year option at $5000 per month NNN lease, with 3% rent escalations built in. Lease terms are flexible as well if needed to be changed. Ocoee is one of the best and fastest growing locations in Orlando with very close proximity to the 429, 408, and Florida Turnpike. Zoning uses include, retail, bakery, real estate offices, restaurants, florist, shoe repair, Electric appliance stores and repairs, Department and furniture stores, medical and dental offices, etc.
Location
State FL
County Orange
Community Hickeys Sub
Area 34761 - Ocoee
Zoning C-2
Interior
Cooling Central Air
Building
Story 1
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Structure Type Metal Frame,Wood Frame
New Construction false
Construction Status Completed
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional, Lease Back
Listing Terms Cash, Conventional, Lease Back
Special Listing Condition None
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Bought with HOME WISE REALTY GROUP INC
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49503 Hwy 27 Suite B, Davenport, Fl, 33897, United States