2921 S Orlando Drive , #142

    Sanford, FL 32773
    • $179,900
    • STATUS: Active
    • ON SITE: 299 days
    • MLS #: O5717865
    UPDATED: 60 min ago
    $179,900
    • 0
      BEDS
    • 0.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $90
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:
    Area:

    School Ratings & Info

    Description

    Spectacular Opportunity! Buy this unit separately or buy all 8 units for sale. This unit is a below market ready to Lease. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Church has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.

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    © 2019 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-04-25T16:44:20.223.
    www.floridahomesearch.com/homes/85183929

    2921 S Orlando Drive , #142 Sanford, FL 32773

    • Price: $179,900
    • Status: Active
    • Updated: 60 min ago
    • MLS #: O5717865
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.05
    Acres
    2,000
    SQFT
    $90
    $/SQFT
    1965
    Built
    Neighborhood:
    Sanford
    County:
    Seminole
    Area:
    Sanford
    Property Description
    Spectacular Opportunity! Buy this unit separately or buy all 8 units for sale. This unit is a below market ready to Lease. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Church has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.
    Exterior Features

    Construction Materials Stucco Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Cooling Central Air Office Retail Space Sq Ft 2000

    Property Features

    Additional Parcels Yn No Business Type Commercial Complex Development Name Sanford Plaza Flood Zone Code X Net Operating Income 24939 New Construction Yn No Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 762 Tax Year 2017 Total Num Buildings 1 Zoning Gc2


    Listing information © 2019 Florida Regional MLS.
    Listing provided courtesy of Investor's Real Estate Llc.



    © 2019 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-04-25T16:44:20.223.
     
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    2110 N. Donnelly St., Suite 102
    Mount Dora FL, 32757