884 E Michigan Street, Orlando, FL 32806
- $1,615,000
- 3,258
- SqFt
- List Price
- $1,615,000
- Status
- Active
- Days on Market
- 49
- MLS#
- O6415078
- Property Style
- Retail
- Year Built
- 1982
- Living Area
- 3,258
- Lot Size
- 24,572
- Acres
- 0.56
- Total Acreage
- 1/2 to less than 1
- Legal Subdivision Name
- Weidows Sub
- MLS Area Major
- Orlando/Delaney Park/Crystal Lake
Property Description
*Multiple Income Streams* Prime high-traffic East Michigan Street. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and some commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. Contact us today to schedule your visit.
/u.realgeeks.media/rencherrealty/RRG_logo.jpg){kind=logo}
Additional Information
- Taxes Annual
- $9566
- Location
- Corner Lot, Sidewalk
- Community Features
- No Deed Restriction
- Zoning
- C-1
- Utilities
- Electricity Available, Water Connected
- Air Conditioning
- Central Air
- Exterior Construction
- Block, Stucco
- Foundation
- Slab
- Pool
- No Pool
- Flood Zone Code
- X
- Parcel ID
- 01-23-29-9084-00-010
- Legal Description
- WEIDOWS SUB E/72 LOTS 1 THROUGH 4 (LESS N 25 FT OF LOT 1 FOR R/W)
Listing courtesy of JR REALTY GROUP LLC. 407-920-4624
Mortgage Calculator
StellarMLS is the source of this information via Internet Data Exchange Program. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on