Active
3730 OLD WINTER GARDEN RD
ORLANDO FL, 32805
$2,299,000
$193.52 per sqft
Active
11,880 sqft
Commercial
Built in 1984
SELLER FINANCING AVAILABLE! This versatile warehouse-style property boasts immense potential and occupies a highly sought-after, high-visibility location in the heart of Orlando, just one mile from the intersection of SR 408 and I-4, with SR 408 at the rear and Old Winter Garden Rd. at the front. Additionally, the property features an owned billboard space offering direct advertising exposure to both SR 408 and Old Winter Garden Rd., with further potential for additional billboards and signage. The existing billboard generates passive income, currently at $23,000 per year but with the potential to increase to $29,000-$30,000 per year. With two separate entrances for operational convenience and customer accessibility, this property comprises three buildings, including two interconnected structures. Inside these buildings, a variety of flexible layouts are possible, supported by four available bathrooms on the premises. The first building contains eight spacious bays, each boasting high ceilings and approximately 800 sq ft, with individual office spaces within each bay. The second building features 18 units, each sized at 200 sq ft, with some units already combined to meet the specific needs of current tenants. Additional income opportunities come in the form of a two-bedroom security apartment located at the front of the property. This apartment can continue to serve as living quarters or be converted into office space, complete with a kitchen and living room. Moreover, the property's expansive size allows for the storage of RVs, boats, trailers, recreational vehicles, and more. Alternatively, there is the potential to develop a climate-controlled self-storage facility on-site. The possibilities are truly limitless. Whether you maintain the property in its current state or embark on a complete overhaul, this investment opportunity should not be overlooked.
O6110377
MLSⓇ ID
May 11, 2023
Listed
May 9, 2024
Updated
Map
3730 OLD WINTER GARDEN RD
ORLANDO FL, 32805
Interior Features
Total Stories
1
Appliances
Refrigerator
Floor Description
Concrete, Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Units / Window Unit
Exterior/Building Features
Lot Size
0.84 Acres
Lot Features
Central Business District, Paved
Roof
Metal, Shingle
Sewer
Septic Tank
Other Property Details
Area Name
32805 - Orlando/Washington Shores
Taxes
$12,171
Tax Frequency
Annually
Days on Market
300
Garage
No
Parking
Parking Spaces - 19 to 30, Common
View
No
County
Orange
Municipality
22
Water Source
Public
Pool
No
Zoning
C-3
Buyer Agency Compensation
2%
Listed by EXIT GLOBAL REALTY
Listing Contact: 407-970-7892
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Data last updated 5/9/2024, 9:46 AM UTC