Retail Office Building
1157 W. State Road 436, Altamonte Springs, Florida 32714
Sold: $400,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
4,144 sqft
Land Size
14,800 sqft
Sewer
City
Water
City of Altamonte Springs
Zoning
C2
Year Built
1959
Parking
Ample
Lease Type
350000
Construction
Concrete Block
Property Description
Updated Retail Strip Center, fully leased on busy State Road 436, just a 1/4 mile west of SR 434. Plenty of parking space in front of the building and a large paved lot in the back that can be used for additional parking for tenants. Each tenant has approx 1,000 sq ft. Ideal for investor or user! Excellent visibility and easy access to 1-4, SR 434, Maitland Boulevard and US Highway 441. This property is a pre foreclosure with bank approval for a sale. Over 65000 cars a day pass by!!
Priced to sell at a true 9% CAP rate.
Co listed with Maureen Wabnitz 407 970-5979
