Categories
Retail
Miscellaneous
About this property
FREE STANDING RETAIL BUILDINGS
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
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 3,292 sqft
- Land Size
- 12,780 sqft
- Sewer
- City of Maitland
- Water
- City of Maitland
- Zoning
- DMZD
- Electric
- Duke Energy
- Year Built
- 1969
- Roof
- Metal & Shingle
- Parking
- 18 Parking Spaces
- Lease Type
- 399900
- Construction
- Block & Metal
Location
- Address
-
531 Horatio Avenue
Maitland, Florida 32751