2921 S. Orlando Dr. Unit 178, Sanford, FL 32773 - O6068435 - iPro Real Estate

For Sale

$399,900 $78.41 per sqft

Free Professional CMA

Listing ID : O6068435

  • Structure / Lot Size

    5,100 Sqft / 4,791 Sqft
  • Year

    1965

Description

Great Location ! This unit is vacant now and ready for a new busnes. Unit is also referred to as #180. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador unit has been there for over 10 years. The current tenant is on month to month lease and may like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses. The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings.

Details

Type: Other 
Subdivision: Sanford Plaza Condo 
MLS Area: 32773 - Sanford 
County: Seminole 
Tax ID: 01-20-30-509-0000-1780
Annual Taxes: $3,624
Building Size: 5,100 SqFt 
Days on Market: 496 
Cooling: Central Air 
Number of Buildings: 1 
Property Type: Commercial Sale Sale 
Sub Type: Restaurant 
Zoning: GC2 

Show More

Interactive

28.772243 -81.277367 $399,900 O6068435
2921 S. Orlando Dr. Unit 178, Sanford, FL 32773
Directions to here from:

Mortgage Calculator

Listed by Seshagiri Parupalli with SUNA REALTY LLC