884 E Michigan Street, Orlando, FL 32806

$1,615,000
4
BD
2
BA
3,258
SqFt

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List Price
$1,615,000
MLS#
O6429402
Bedrooms
4
Bathrooms
2
Sq. Ft
3,258
Lot Size
24,572
Subtype
Single Family
County
Orange
Community
No Deed Restriction
Subdivision
Weidows Sub
Region
Orlando/Delaney Park/Crystal Lake
Year Built
1982

Property Description

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. 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 business or 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. This property is zoned for Blankner and Boone schools. Notice: Prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.

Additional Information

Heating
Other
Cooling
Other
Roof
Shingle
Sewer
Public Sewer
Exterior Features
Other
Construction
Block, Stucco
Living Area
3,258

Listing courtesy of JR REALTY GROUP LLC. Contact: 407-920-4624

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