Under contract-accepting backup offers. Rare opportunity to own a fully stabilized, income-producing commercial property with direct frontage on Michigan Avenue one of Orlando's highest-traffic corridors averaging over 24,000 vehicles per day. Exceptional visibility with prominent signage for owner or tenants. This beautifully converted property was completely transformed from residential to commercial use and gut-renovated in 2023, including a new roof, windows, kitchen, flooring, lighting, tankless water heater, vanities, granite countertops, and appliances. Truly turn-key with no near-term capital expenditure concerns. Currently home to an established cluster of women's wellness and beauty professionals including licensed estheticians creating a natural referral ecosystem among tenants. Four tenants in place generating approximately $4,700/month in gross revenue with a cap rate over 8% after expenses. Ideal for the investor seeking immediate cash flow, or an owner-occupant in the wellness or beauty industry looking to occupy one suite while collecting rent from the others. Located in the heart of SODO with immediate access to I-4 and SR-408.
| MLS # | O6390393 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | For-sale |
| Status | Active Under Contract |
| Year | 1940 |
| Days On Site | 184 |
| Listing Provided By | MERDIAN REALTY LLC | Matt Merdian |
| SQ Feet | 758 |
|---|---|
| Story(s) | 1 |
| Zoning | C-1 |
| Acreage | 0.11 |
| Property | 3485 |
|---|
| State | FL |
|---|---|
| County | Orange |
| City | ORLANDO |
| Zip Code | 32806 |
| Area | 32806 Orlando | Delaney Park | Crystal Lake |
| Community Name | ACREAGE |
| Listing VS Median (in ACREAGE) | |
Price: $549,000 low | high Med: $459,900 sqft: 758 low | high Med: 1,620 $ / sqft: $724 low | high Med: $284 On site: 184 low | high Med: 33 | |
| State | FL |
|---|---|
| County | Orange |
| City | ORLANDO |
| Zip Code | 32806 |
| Area | 32806 Orlando | Delaney Park | Crystal Lake |
| Community Name | ACREAGE |
| Listing VS Median (in ACREAGE) | |
Price: $549,000 low | high Med: $459,900 sqft: 758 low | high Med: 1,620 $ / sqft: $724 low | high Med: $284 On site: 184 low | high Med: 33 | |