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Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,446 sqft
Price per Sqft $584
Subdivision Angebilt Add
MLS Listing ID G5069306
Sold Date 10/06/23
HOA Y/N No
Originating Board Stellar MLS
Year Built 1993
Annual Tax Amount $20,335
Lot Size 1.270 Acres
Acres 1.27
Property Description
1.27 acres with 4,446 sq. ft. commercial building constructed in 1993 abutting busy US 441 / Orange Blossom Trail (OBT). The most recent AADT traffic count is 56,580 cars/day. Property situated approximately 1,600’ south of I-4 / US 441 interchange. The frontage area of US 441 / OBT adjacent to the Property recently underwent significant beautification renovations including: street lighting, roadway improvements, sidewalk enhancements, and landscaping. Property is zoned C3 & C2 and past uses include branded dine-in restaurant and used car dealerships. Parking lot includes 63 parking spaces and an abundance of overhead lighting. Property directly fronts US 441 / OBT and is accessed via both 37th Street and 38th Street abutting the Property along it’s northern and southern boundary. Tenant recently vacated unexpectedly. The NOI for the twelve months ending 03/31/23 was $258,450 (10 Cap). This is a large and unique commercial parcel with a nice building situated along the very busy US 441/OBT with outstanding traffic counts and strong rent potential. AVAILABLE FOR SALE OR LEASE.
Location
State FL
County Orange
Community Angebilt Add
Zoning C-3 AND C-2
Interior
Cooling Office Only
Exterior
Parking Features Over 30 Spaces
Building
Lot Description Fire Hydrant, Near Public Transit, Sidewalk
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Stucco
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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Bought with STELLAR NON-MEMBER OFFICE