SQUARE FEET4,282
MLS#O6415078
STATUSActive
PROPERTY TYPECommercial - Retail
SUBDIVISIONWEIDOWS
Property Description
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.56 Acres
Taxes: $9,566
Year Built: 1982
Feature Descriptions
Directions: Follow I-4 to W Michigan St in Orlando. Head East on W Michigan St, which turns into E Michigan St after passing the intersection at Orange Ave. Continue heading East on E Michigan St and the destination will be on your right at the corner of Michigan St
Exterior: Block, Stucco
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Listing Terms: Cash, Commercial Financing
Lot: Corner Lot, Sidewalk
Lot Dimensions: 0.56
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Retail
Road Frontage: 316
Sewer: Public Sewer
Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Do Not Contact Tenants, See Remarks, ShowingTime
Special Sale Provisions: None
Utilities: Electricity Available, Water Connected
Water Access Y/N: No
Zoning: C-1
Listed By / Shown By
Listed By
Agency Name: JR REALTY GROUP LLC
Agency Contact: 407-920-4624
Shown By
Agent Name: TEAM JDV Group
Agent Phone:
Agency Title: Florida Executive Realty
TEAM JDV Group
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884 E Michigan Street | MLS# O6415078
This commercial property located at 884 E Michigan Street, Orlando, FL 32806 is currently listed for sale with an asking price of $1,615,000. Search Orlando real estate on jdv-group.floridaexecutiverealty.com today.