Longwood, FL 32750,531-541 N US HIGHWAY 17 92
Longwood, FL 32750,531-541 N US HIGHWAY 17 92
Longwood, FL 32750,531-541 N US HIGHWAY 17 92
Longwood, FL 32750,531-541 N US HIGHWAY 17 92
Longwood, FL 32750,531-541 N US HIGHWAY 17 92
Longwood, FL 32750,531-541 N US HIGHWAY 17 92
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$ 3,425,000
Est. payment | /mo

10,460 SqFt


$ 3,425,000
Est. payment | /mo

10,460 SqFt

Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

Square Footage 10,460 sqft

Price per Sqft $327

Subdivision Entzminger Farms Add 3

MLS Listing ID O6244571

HOA Y/N No

Originating Board Stellar MLS

Year Built 1973

Annual Tax Amount $4,271

Lot Size 1.140 Acres

Acres 1.14

Property Description

PRICE IMPROVEMENT!!! NOW OFFERED AT A 12 CAP RATE RETURN!
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SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! 12 CAP RATE!!!! Which is $411k/yr! WOW!!! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! ###########################################################################################. LIST AGENT IS THE SELLER AND DECISION MAKER!! DEAL DIRECT FOR AN EASY DEAL!! SELLER WILL STAY AND CONTINUE TO OCCUPY THEIR VERY SMALL PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. MAJORITY LEASED BY TENANTS WITH LEASES, NOT THE OWNER. OWNER IN 300SF. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!! Also, annual increases on majority of the leases and tenants have a clause in their leases that allows landlord to terminate on sale or any reason with a written notice. (Tenants do not have the same ability to cancel on their end, so they're locked in unless you want them to go.)

Plug N Play Investment!!! Located on the booming US Highway 17-92!! Longwood, FL 32750. For all you out-of-staters dying to get into FL Commercial Real Estate.. this is the ORLANDO MARKET!!! Surrounded by everything!! Close by Everything! You name it, it's not far! ###########################################################################################. BDG 1::: 15 retail units! 3400sf. BDG2::: 3 flex space units & 8 separate retail units, total of 11 units! 7060sf. So, 26 units grand total! Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking RETURN ON INVESTMENT!!! ###########################################################################################. All pertinent information can be verified under contract: Rent Roll, P&L, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... Rent Roll/ P&L/T12 are available, now. Just ask. All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. DO NOT DISTURB THE TENANTS!

Location

State FL

County Seminole

Community Entzminger Farms Add 3

Zoning C-2

Interior

Cooling Other

Exterior

Utilities Available Sewer Nearby, Water Nearby

Building

Story 1

Foundation Slab

Lot Size Range 1 to less than 2

Sewer Septic Tank

Water Well

Structure Type Block,Metal Frame,Metal Siding

New Construction false

Others

Ownership Corporation

Special Listing Condition None

Stellar MLS
Listed by REALTY HUB
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531-541 N US HIGHWAY 17 92