Active

$999,000

Features:
  • Bedrooms
  • 0 Bathrooms
  • 968 sq ft
Overview
  • ID: MFRO6226600
  • Bedrooms:
  • Bathrooms: 0
  • Size: 968 sq ft
Property Details
Remarks
Amazing Instant Income Producing Opportunity!!  There are two independent used auto sales businesses on one property. The well-maintained .30 acre lot, boasts over 100 feet of frontage to S. Orange Ave. and is zoned C-3. The future land use is very flexible.  Location is highly visible, S. Orange Ave. is traveled by over 33,000 vehicles daily.  The location is just minutes to the Auto Auction, Downtown Orlando, Orlando International Airport and all major highways The main building has been fully updated; New Roof, including decking 2023, updated siding, security lighting, central air, fully fenced, fresh paint, flooring and an office access ramp. Lot A holds 25-30 cars and Lot B holds 35-45 cars, but will increase when the fenceline is moved to reflect the new survey boundaries.  The newest property survey has shown that the property line is larger than the original fence line and the next owner will enjoy an additional 7' on the north side of the property! There are two current tenants with leases that would like to stay but there is a 60 day clause to end the leases if the new owner would like to occupy the property or renegotiate the leases for a higher rate. The property produces a 7 CAP. The seller is Motivated so Bring All Offers!!
Financial Considerations
Price:
$999,000
HOA Fee:
N/A
Tax Amount:
$4287
Price per SqFt:
$1032.02
Tax Legal Description:
SPAHLERS ADDITION TO TAFT D/114 LOTS 6 7& 8 BLK H TIER 3 (LESS RD R/W PER 4036/3955 & LESS RD R/W PER CI 88 6011)
Exterior Features
Lot Size:
13224
Lot Features:
City Limits, Sidewalk
Waterfront:
No
Parking Spaces:
N/A
Parking:
N/A
Roof:
Shingle
Pool:
No
Pool Features:
N/A
Interior Features
Bedrooms:
Bathrooms:
0
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Appliances:
N/A
Furnished:
No
Floor:
Linoleum, Tile, Vinyl
Levels:
N/A
Additional Features
Property Sub Type:
Business
Style:
N/A
Year Built:
1945
Construction Type:
Block, Vinyl Siding, Wood Frame
Garage Spaces:
No
Covered Spaces:
N/A
Direction Faces:
East
Pets Allowed:
No
Special Condition:
None
Additional Features:
N/A
Additional Features 2:
N/A
Map
  • Address
    805 CYPRESS ST
Contact a Professional
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