6401 Time Square Ave. Unit Cu-18, Orlando, FL 32835 - O5788678 - iPro Real Estate
iPro Real Estate

iPro Real Estate

Listing ID : O5788678

  • Structure / Lot Size

    1,201 Sqft / 0.03 Acre
  • Year

    2000

Description

****CALLING ALL INVESTORS!!!****Presenting a truly unique and once-in-a-lifetime opportunity you do NOT want to miss to earn over 7.5% **NET** MONTHLY RETURN ON YOUR INVESTMENT WITH A 5 YEAR PERSONAL GUARANTEED COMMERCIAL LEASE. First 2 years tenant is paying rent at $3,650 per month. After the 2 years, rent increases to $4,300 per month for the remaining 3 years with an additional 5% increase every year. ***SALE INCLUDES REAL-ESTATE ONLY, NOT BUSINESS***. This marketplace/café is located in the heart of Metro West at the entrance of a residential community on a very busy street featuring 700+ condominium and single family homes. Also in immediate vicinity are over 10,000 residential units, all in close proximity with no other similar business for competition in the residential areas. Store is very beautiful and looks fantastic with high-end finishes and upgrades including flooring and brand-new equipment. Real estate sale also includes storage (approximate size of one-car garage) that is included in sale price. ***As noted above, this is a personal-guarantee lease for 5 years with option to renew for additional 5 more years. ***Potential buyer/agent not permitted to disturb current tenant without prior notification and permission from agent/seller*** Please call for showing appointment.

Details

Type:
MLS Area: 32835 - Orlando/Metrowest/Orlo Vista 
County: Orange 
HOA Name: HAMPTONS AT METROWEST 
Second HOA Dues: $433 / Monthly 
Community Features: Sidewalk 
Security Features: Security System, Security System Owned, Smoke Detector(s) 
Tax ID: 01-23-28-3287-41-018
Annual Taxes: $2,481
Business Type: Commercial, Food & Beverage, Grocery, Other, Retail 
Building Size: 1,591 SqFt 
Net Operating Income: $44,204 
Com Transaction Type: Commercial Sale 
Days on Market: 824 
Ceiling Height: 10 to 15 Feet' 
Cooling: Central Air 
Flooring: Quarry Tile 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Roof: Shingle 
Sub Type: Retail 
Utilities: Public 
Zoning: AC-2 

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Interactive

28.509743 -81.471397 $549,000 O5788678
6401 Time Square Ave. Unit Cu-18, Orlando, FL 32835
Directions to here from:

Area Information 32835

Population:

38,849 Up .03% since 2010
Average Income:
$76,187
Average Age:
34Years
Gender:
48.68%Male
51.32%Female
Households:
15,50432.3% with children
Average Value:
$272,671
Occupancy:
40.4%Owned
59.6%Rented
16.74%Vacant
Education:
23.3%High School
10.32%Associate
27.22%Bachelor
12.64%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
51.21Inches
Earthquake Risk:
Below Average
Hail Risk:
Average
Hurricane Risk:
Very High
Ozone Risk:
Above Average
Pollution Risk:
Above Average
Tornado Risk:
Very High
Wind Risk:
Average

History

Date Transaction Price Mortgage Amt & Lender
Date
Aug 30, 2021
Transaction
Active - Commercial SaleO5788678
Price
$549,000
Mortgage Amt & Lender
- -
Date
Feb 20, 2020
Transaction
Canceled - Residential IncomeO5806701
Price
$599,000
Mortgage Amt & Lender
- -
Date
Feb 20, 2020
Transaction
Sold - Commercial SaleJ911883
Price
$4,300
Mortgage Amt & Lender
- -
Date
Sep 17, 2018
Transaction
Sold - Commercial SaleO5734229
Price
$250,000
Mortgage Amt & Lender
- -
Date
Jul 06, 2018
Transaction
Canceled - Commercial SaleO5719071
Price
$249,900
Mortgage Amt & Lender
- -

Listed by Hurchell Williamson with HAMPTON REALTY GROUP