Sarasota's Premier Homes

884 E MICHIGAN STREET

ORLANDO, FL 32806

MLS#: O6415078

$1,615,000

Status: Active
Listing number: O6415078
Listing provided by: JR REALTY GROUP LLC
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
WEIDOWS SUB - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1982

Sq.Footage

3,258

Attention small business owners and investors, unique multiple cashflow opportunity. Prime high-traffic retail location on E Michigan Street. Corner .56-acre lot includes the main building which has 2 standard garage doors, 2 bathrooms and 4 additional entrances. Can be divided or maintained as the open thrift outlet but would be easily adapted to most commercial activities. The 2 single family residences included in the purchase can be torn down and re-zoned to 2 homesites, with 50 ft x140 ft lots, and potential new zoning may allow for heights soaring 2 or 3 stories. The properties are at the back entrance to Blankner K-8 School and an easy walk to Boone High. Stacked billboards are included in this commercial product offering multiple potential sources of income. The retail space has ample parking and has served as a hub for generations. The combination of great location with multiple-sourced income potential offers a special opportunity that will not last long. Contact us today to schedule a visit.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Corner Lot

  • Lot Size(acres)

    0.56

  • Lot Size(square feet)

    24572.0

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $1,615,000

  • Tax Amount

    $9,566

  • Sq. Footage

    3, 258

  • Price/SqFt

    $495

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    1

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Location

County

Orange

Elementary School

Middle School

High School

Listing Courtesy of John Vincent , JR REALTY GROUP LLC

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Attention small business owners and investors, unique multiple cashflow opportunity. Prime high-traffic retail location on E Michigan Street. Corner .56-acre lot includes the main building which has 2 standard garage doors, 2 bathrooms and 4 additional entrances. Can be divided or maintained as the open thrift outlet but would be easily adapted to most commercial activities. The 2 single family residences included in the purchase can be torn down and re-zoned to 2 homesites, with 50 ft x140 ft lots, and potential new zoning may allow for heights soaring 2 or 3 stories. The properties are at the back entrance to Blankner K-8 School and an easy walk to Boone High. Stacked billboards are included in this commercial product offering multiple potential sources of income. The retail space has ample parking and has served as a hub for generations. The combination of great location with multiple-sourced income potential offers a special opportunity that will not last long. Contact us today to schedule a visit.

884 E MICHIGAN STREET

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