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400 STORY RD Ocoee, FL 34761
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Key Details
Sold Price $1,050,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $262
Subdivision West Orange Indust Park
MLS Listing ID O5945679
Sold Date 10/15/21
Construction Status Inspections
HOA Y/N No
Year Built 1993
Annual Tax Amount $9,416
Lot Size 1.170 Acres
Acres 1.17
Property Description
Rare low entry point multi-tenant Retail Investment Opportunity in Ocoee, FL - Value add opportunity in Q4 2021 with lease expiration and below market rent - Low vacancies throughout historic ownership of almost 20 years - History of long term Tenants and recently new ones for higher rents - New roof replacement as of 2015 - Almost 10 per 1000 parking - Large lot of over an acre providing highly desirable parking spaces to vendors operating in conjunction with Manheim Auctions Wholesale Auto Marketplace which is directly across the street - Easy access to all of Florida right next to the Turnpike, Highway 50 and Tollroad 429
Location
State FL
County Orange
Community West Orange Indust Park
Zoning RETAIL
Interior
Cooling Central Air
Exterior
Roof Type Built-Up
Building
Story 1
Foundation Slab
Lot Size Range 1 to less than 2
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with NATIONAL REAL ESTATE LLC
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095