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6.7% Cap Investment Opportunity

926 N. Mills Avenue, Orlando, Florida 32803
$2,699,000
6.7% Cap Investment Opportunity

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
4,800 sqft
Land Size
0.14 acres
Sewer
OUC
Water
OUC
Zoning
MU-1/T
Electric
OUC
Year Built
1951
Parking
6 spaces in back/ample street
Construction
masonry

Property Description

PRICE REDUCED $2,699,000 (6.7% cap rate on in-place NOI)

Cash flowing retail investment in the heart of Red Hot Mills/50

Anchored by popular craft cocktail bar Death in the Afternoon since 2021

Two exciting new tenants bring total rent roll to $15,000/month ($180,000 annual NOI)

Block building is 4,800 SF, split into 3 x 1,600 SF bays

All spaces have been renovated in the last 5 years

Unrivalled walkability on one of Orlando's most desirable retail corridors

Six private parking spaces behind the building plus ample street parking

City of Orlando offers many grant opportunites for facade improvements

Parking lot at 1000 N Mills now available for purchase! Open unlimited possibilities with dedicated parking lot 340' from 926 MN Mills- Call Broker for info

Location