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Motel and Restaurant/Bar Kissimmee

  SOLD February 2011 for $500,000

4529 W. Irlo Bronson Memorial Highway, Kissimmee, Florida 34746


Building Size12,576 Square Feet
Land Size1.93 Acres
Units23
ZoningCT Commercial Tourist
ElectricYes
Year Built1982
ConstructionConctete Block
RoofShingle/Built Up
SewerYes
ParkingOver 30 spaces
WaterYes

REDUCED $100,000!! OWNER FINANCING!! Sales Price is for 4529 and 4533 West Irlo Bronson Memorial Highway. Total property is 1.93 acres with approximately 287 ft of highway frontage. It includes 4 buildings consisting of a motel, restaurant/bar and retail building. Motel  has 23 rooms andis presently operating. Restaurant/Bar is rented for $2803.74 base rent per month on a NNN lease.  Retail building has a Modified Gross lease with a base rent of $1500 per month. Property is located across the street from Medieval Times Dinner Attraction. Square footage and acerage is for both properties combined.. Motivated seller has priced properties below Property Appraiser's Assessed Value of $948,200 and will hold the mortgage with $200,000 down at 6% interest with the rest of the terms negotiable. Zoned CT Commercial Tourist.


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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