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Free Standing Retail/Commercial Buildings

  SOLD November 2013 for $420,000

531 Horatio Avenue, Maitland, Florida 32751

Building Size3,292 Square Feet
Land Size12,780 Square Feet
ElectricDuke Energy
Year Built1969
ConstructionBlock & Metal
RoofMetal & Shingle
SewerCity of Maitland
Parking18 Parking Spaces
WaterCity of Maitland


Two (2) centrally located buildings on two individual lots, as follows:

  • 531 E. Horatio Ave (1.680 SF): Coin Laundry
  • 150 N.Swoope Ave (1,612 SF): Sip & Knit store

Excellent opportunity for small investor to own income producing commercail property

Existing tenants wish to continue their occupancy beyond 12/31/13 existing lease terms. Existing leases at the following net rental rates:

  • Maitland Coin Laundry: $1,550 per month, or $18,600 annually ($11.07 per SF)
  • Sip & Knit retail store: $2,000 per month, or $24,000 annually ($14.89 per SF) *

* Sip & Knit currently on oral recession related reduced monthly rent of $1,600

Close proximity to major intersection of N. Orlando Ave (17-92) and Horatio Ave

High visibility location with 28,000 daily trips on Horatio Ave

Both buildings Sale Price: $399,900

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

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