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Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 10,665 sqft
Price per Sqft $135
MLS Listing ID O5562443
Sold Date 12/24/18
Construction Status Completed
HOA Y/N No
Year Built 1953
Annual Tax Amount $17,977
Lot Size 0.920 Acres
Acres 0.92
Property Sub-Type Office
Property Description
Great location for business owner operator or investor looking to secure a downtown office building with 5+ parking spaces per 1,000 net sq.ft. Located in the heart of metro Orlando within the Central Business District and minutes from downtown; this property features two office buildings, which have had several capital improvements completed within the last few years. The property is accessible via two driveway entrances along the 162+/- of frontage off of heavily traveled Colonial Drive (29,000+ average daily traffic volume). The property also benefits from rear access off of Arlington Avenue to the large large parking lot. The two office buildings combine to total 10,665 net sq. ft. The two-story building comprises 9,065 net sq.ft., of which, 6,082 sq.ft. is on ground floor and 2,983 net sq.ft. is the second floor. The two-story building can be be utilized by one user or demised into three suites ranging from 2,900+/- sq.ft to 3,200+/- sq.ft. The stand alone converted office building consists of 1,600 net sq.ft. which is currently occupied by a medical supply company and is a only few months into a three year term lease. This is an ideal scenario for an owner user occupying the entire two story building while bring in rental income from the adjoining stand alone building.
Location
State FL
County Orange
Zoning O-1/T
Interior
Heating Central
Cooling Central Air
Flooring Carpet, Tile, Vinyl
Exterior
Parking Features Over 30 Spaces
Utilities Available BB/HS Internet Capable, Cable Available, Electricity Connected, Phone Available, Public
Roof Type Built-Up
Building
Lot Description Central Business District, City Limits, Near Public Transit
Lot Size Range 1/2 Acre to 1 Acre
Sewer Public Sewer
Water Public
Structure Type Block,Concrete,Metal,Stucco
New Construction false
Construction Status Completed
Others
Ownership Corporation
Special Listing Condition None
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Bought with CORE GROUP REAL ESTATE LLC
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Kevin Tison
Broker Associate | License ID: BK626101
Broker Associate License ID: BK626101