Price Reduced 4.77%
Price History
$1,049,000
7/25/2024
$999,000
8/31/2024
805 Cypress STREET, Orlando, FL, 32824
1945
968 sqft
Amazing Instant Income Producing Opportunity!! There are two independent used auto sales businesses on one property. The well-maintained .30 acre lot, boasts over 100 feet of frontage to S. Orange Ave. and is zoned C-3. The future land use is very flexible. Location is highly visible, S. Orange Ave. is traveled by over 33,000 vehicles daily. The location is just minutes to the Auto Auction, Downtown Orlando, Orlando International Airport and all major highways The main building has been fully updated; New Roof, including decking 2023, updated siding, security lighting, central air, fully fenced, fresh paint, flooring and an office access ramp. Lot A holds 25-30 cars and Lot B holds 35-45 cars, but will increase when the fenceline is moved to reflect the new survey boundaries. The newest property survey has shown that the property line is larger than the original fence line and the next owner will enjoy an additional 7' on the north side of the property! There are two current tenants with leases that would like to stay but there is a 60 day clause to end the leases if the new owner would like to occupy the property or renegotiate the leases for a higher rate. The property produces a 7 CAP. The seller is Motivated so Bring All Offers!!
Status:
Active
Type:
Commercial
Units:
2
Complex:
SPAHLERS ADD
Heating:
Central
Cooling:
Central Air, Wall/Window Unit(s)
Acreage:
0.3
Est. Taxes:
$4,287
Construction
Block, Vinyl Siding, Wood Frame
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby
Lot Description:
City Lot, Sidewalk
Days on Market:
44
MLS #:
O6226600
Community Info
School Info
Walk Score
Yelp
Similar Properties
New or Coming Soon Properties
Listing courtesy of OLDE TOWN BROKERS INC Phone: 407-425-5069