531 N US Highway 17 92 - Storefront Retail/Office FOR SALE


Longwood, FL 32750- Northeast Orlando
$1,599,900 USD
407-590-5515
531 N US Highway 17 92, Longwood, FL for Sale
$1,599,900 USD
Storefront Retail/Office - FOR SALE
1/22
null | 12.56% Cap Rate

531 N US Highway 17 92
Longwood, FL 32750
Northeast Orlando


HIGHLIGHTS

  • Retail Plaza
  • 15 Legal addresses for the 15 units!!
  • $201k NOI!!!!! Great Return!!!!!

OVERVIEW

COMMERCIAL REAL ESTATE FOR SALE BY OWNER. SELLER FINANCE!! SALE PRICE: $1,599,900 NOI: $200k (net operating income) Only $399k down payment!! Up to 60 months at 10%!! Or cash deal and close in 30 days or less and we will drop price to $1.3M which is a 15 cap!! 15-Unit Retail building. Frontage of 6-lanes of traffic on US Hwy 17-92. North Orlando FL area. So close you can walk to the auto auctions! (AutoNation Auto Auction and Orlando Longwood Auto Auction) Tenants are auto dealers. There are currently 2 units vacant so you can buy and occupy and still collect rent on the rest of the units! Perfect chance to set up a dealership and make money on rent and cars!! I can also include in the sale helping you set up your very own auto dealership!!! Buiding was recently renovated so the units all look new inside. No nasty carpet anywhere. LVP floors and tiled floors throughout. C-2 Commercial Zoning Future Land Use MXD (mixed development) So, you can covert to condos or efficiencies and get section-8 tenants etc. Or keep it rolling as retail and collect a 12.5 cap!! (12.5% return on investment) Or 15 cap at the cash deal discount! Text me with your email and name for more info. Financials are available. FOR SALE BY OWNER. Seller finance available with terms stated above. Text/Call/Whatsapp ??4??0??7??5??9??0??5??5??1??5????

FOR SALE DETAILS

PRICE

$1,599,900 USD

PRICE/SF

$476 USD /SF

CAP RATE

12.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

C-2

APN/PARCEL ID

33-20-30-503-0000-018C

ASK ABOUT THIS PROPERTY

Dunamis DunnTFF Property ManagementMore Info
407-590-5515

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Dunamis DunnTFF Property ManagementMore Info
407-590-5515

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.