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Investment Property For Sale

2605 Park Drive, Sanford, Florida 32773
Sold: $300,000
Investment Property For Sale

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
2,390 sqft
Land Size
9,784 sqft
Zoning
Commercial
Year Built
1982

Property Description

2390 SF commercial building with major renovations in 2011

9,784 SF lot zoned commercial

Near SR 46, 417, Lake Mary Blvd and 427 on Hwy 17-92 (Park Drive)

Lease with a bar that expires April 2016

Current tenant pays $2,800 a month plus utilities and property tax

Current NOI is $32,000

Potential Owner Financing with 50% Down

Sale Price: $350,000 or 9% CAP Rate

Confidential Listing

Location

Contact

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