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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 Completed
HOA Y/N No
Year Built 1993
Annual Tax Amount $9,416
Lot Size 1.170 Acres
Acres 1.17
Property Sub-Type Retail
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
Area 34761 - Ocoee
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 Completed
Others
Ownership Other
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Panagiotis Peter Sarantidis
Licensed Real Estate Sales Professional | License ID: 3332095