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Owner-User/Investment Property

3240 W. Colonial Drive, Orlando, Florida 32808
Sold: $1,000,000
Owner-User/Investment Property

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
10,189 sqft
Land Size
1.03 acres
Zoning
AC-2

Property Description

  • (2) Buildings totaling 10,189 SF, 50% leased
  • Great owner user opportunity with income to offset the new debt
  • 3240: Available @ $6,500 NNN, 5,189 SF and is 100% AC space. Formerly a restaurant with impact fee credits available
  • 3248: Rented to Low Price Auto Glass and is a 5,000 SF warehouse built in 2004 with 300 SF of office space. Tenant has locations all over the United States and has renewed this lease 3 times.
  • 1.03 acres zoned AC-2 (200' x 225' lot with ample parking spaces)
  • Dual curb cut access points on both the east and west side of the site
  • Large pole sign and great building signage
  • Up to 100% financing available (see broker for details)
  • $51,000+ of income from 3248 tenant which will service 60% of the new proposed debt at 100% financing
  • Sales Price: $1,150,000

Location

Contact

Vincent F. Wolle, CCIM, SIOR
Vincent F. Wolle, CCIM, SIOR
Results Real Estate Partners, LLC
Office: (407) 647-0200
[email protected]