531-541 N Us Highway 17 92 Longwood, FL 32750
SELLER FINANCE BOTH WITH HALF DOWN!! (More down for just one BDG). BOTH BDGS ARE ON INDIVIDUAL PARCELS! WILL SELL 531 N 17-92 ALONE FOR $1, 890, 000! TOGETHER FOR $3, 659, 000! 10 Cap Rate return, which is nearly $400k/yr! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! The Cap can go up even more if you fill the 2 vacancies in 531 and even more once the new units in 541 get built!! Growth is imminent, here! ******************************************************************************************************************* SELLER WILL LOWER SALE PRICE BY A FEW HUNDRED THOUSAND FOR A LEASE BACK OF THEIR CURRENTLY OCCUPIED SPACE! ******************************************************************************************************************* 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 office units! 3360sf. BDG2::: 3 flex space units & 3 separate office units, total of 6 units! 7000sf. So, 21 units grand total! Owner has plans on adding 4 more units in the larger bdg (541). ******************************************************************************************************************* 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 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!
- Property TypeCommercial
- NeighborhoodEntzminger Farms Add 3
- CountySeminole
- Taxes$4,271
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusActive
- MLS ID NumberO6244571
- Home Size Source Owner
- Year Built1973
- Lot Size1.14 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BlockMetal Siding
- Sewer Septic Tank
- Electric 200+ Amp Service
- Number of Stories 1
- Acreage 1.14
- Water Well
- Property Sub Type Warehouse
- Foundation Slab
- Zoning C-2
- Ownership Corporation
- Parcel Number 33-20-30-503-0000-018C
Interior Features
- Cooling Other
Exterior Features
- Waterfront Property No
- Road Frontage Highway
Community Features
- Township 20
- MLS Area 32750 - Longwood East