Price Reduction
Address
4640 OLD WINTER GARDEN ROAD Orlando, FL
Price
$ 650,000
Property Attributes
  • MLS#O5841231
  • TypePending
  • CountyORANGE
  • CityOrlando
  • AreaOrlando-Orlo Vista-Richmond Heights
  • Zip32811
  • StyleWarehouse
  • Year Built1986
  • Taxes4335
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4800
  • Lot Size0.34 Acres
Listing Provided Courtesy Of:
CASTRO REALTY GROUP
Property Description

Over 11% CAP RATE!!! Price is firm. Income Generating property! $80,796 in gross income per year. Store Frontage and Unit A-- leased at $3000/mo base rent (tenant also pays $288 per month CAM), Unit B--Leased at $1000/mo total rent, Unit C-- leased at $1285/mo base rent (tenant also pays $115 per month in CAM), Unit D-- leased at $930/mo (tenant also pays additional $115 per month CAM). Total gross monthly income is $6733. Ideal opportunity to run your shop out of the frontage on Old Winter Garden Rd. and make income from the tenants in the back. **Amazing opportunity to purchase this building which has been used for 30+ years as a diesel repair shop. Zoned C-3, this location would be perfect for Auto Dealer, Auto Service, Body Shop, Commercial, Professional Service, or retail/wholesale/warehouse use. This building features multiple bays with many (9) roll up doors. This division of the units gives you the convenience of using the entire building, or using just part, and gaining passive income from rental of the back units which have a variety of uses. The store frontage is 1550 sq ft warehouse/service area with built in sales counter and desk area, bathroom, and utility room (washroom) with sink. This unit has PVC AIR LINES installed, perfect for automotive and parts repair. Unit A: Approximately 700 sq ft with one pedestrian door and one 10 ft high roll up bay door. Unit B: Approx 700 sq ft with one pedestrian door and two 10ft high roll up bay doors, and one bathroom. Unit C: Approx 940 sq ft with one pedestrian door and two 10 ft high roll up bay doors, and bathroom. This unit has a built in VEHICLE LIFT and 10hp COMPRESSOR with built in AIR LINES. Unit D: Approx 900 sq ft, two pedestrian doors and two 10 ft high roll up bay doors, and bathroom. This space also has additional useable sq footage (storage area) built up above the bathroom providing approx. 200sq ft more in space which is not reflected in the overall 4800 sq ft size

Price History
10/11/2020 Listed $695,000
1/4/2021 7% - $650,000

General Features

Building Features Bathrooms, Extra Storage, High Bays, Overhead Doors, Reception, Service Stations
Business Type Auto Dealer, Auto Service, Commercial, Warehouse, Wholesale
Ceiling Height 10 to 15 Feet
Construction Materials Metal Frame, Metal Siding
Cooling A/C - Office Only
Electric 3 Phase
Flooring Concrete
MLS Area 32811 - Orlando/Orlo Vista/Richmond Heights
Parking Features 13 to 18 Spaces
Property SubType Warehouse
Property Type Commercial
Roof Metal
Security Features Security Gate
Sewer Septic Tank
Special Listing Conditions None
Status Pending
Total Num Buildings 1
Township 22
Utilities BB/HS Internet Capable, Phone Available
Year Built 1986
Zoning C-3

Interior Features

Living Area 4800.00

Exterior Features

Building Area Total 4800.00
Door Height 10
Door Width 8
Foundation Details Slab
Garage Door Height 10
Lot Features Street Lights, Street Paved
Lot Size Acres 0.34
Lot Size Square Feet 14884
Numof Bays Grade Level 9
Road Frontage Type Main Throrughfare

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32811

Price
AVG $160K
$650K
Taxes
AVG $2,302
$4,335
Visits
AVG 107
21
Year Built
AVG 1986
1986
Walkscore
AVG 27
28
Data Provided by Walkscore ® not using MLS data

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