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2921 S Orlando Drive , 178, 240,250

Sanford, FL 32773
  • $1,200,000
  • STATUS: Active
  • ON SITE: 968 days
  • MLS #: O5750704
UPDATED: 22 min ago
$1,200,000
  • 0
    BEDS
  • 0.53
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,812
    SQFT
  • $67
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

Description

Dreams do Come True! Buy these 3 units together or buy them separately. (building size can be increased) Unit 240/250 The same Chrch has been here for 10+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information available upon request

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© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-08-01T09:39:56.96.
www.floridaliferealestate.com/homes/89897170
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2921 S Orlando Drive , 178, 240,250 Sanford, FL 32773

  • Price: $1,200,000
  • Status: Active
  • Updated: 22 min ago
  • MLS #: O5750704
0
Beds
0
Baths
0
½ Baths
0.53
Acres
17,812
SQFT
$67
$/SQFT
1965
Built
Neighborhood:
Sanford Plaza
County:
Seminole
Area:
Sanford
Property Description
Dreams do Come True! Buy these 3 units together or buy them separately. (building size can be increased) Unit 240/250 The same Chrch has been here for 10+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information available upon request
Exterior Features

Construction Materials Stucco Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Cooling Central Air

Property Features

Additional Parcels Yn Yes Business Type Commercial Complex Development Name Sanford Plaza Flood Zone Code X Net Operating Income 130000 New Construction Yn No Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 5484.00 Tax Year 2018 Total Num Buildings 3 Zoning Gc2


Listing information © 2021 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of Investor's Real Estate Llc.



© 2021 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. 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 consumers 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 2021-08-01T09:39:56.96.
 
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