Homes for sale - 805 CYPRESS ST, Orlando, FL 32824

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$999,000

Est. payment - /mo

968 SqFt

Active

805 CYPRESS ST Orlando, FL 32824

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Jerid Wempen

jerid@titanonerealty.com +1(720) 297-4020

UPDATED:

12/18/2024 09:40 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 968 sqft

Price per Sqft $1,032

Subdivision Spahlers Add

MLS Listing ID O6226600

HOA Y/N No

Originating Board Stellar MLS

Year Built 1945

Annual Tax Amount $4,287

Lot Size 0.300 Acres

Acres 0.3

Property Description

Amazing Instant Income Producing Opportunity!! There are two independent used auto sales businesses on one property. The well-maintained .30 acre lot, boasts over 100 feet of frontage to S. Orange Ave. and is zoned C-3. The future land use is very flexible. Location is highly visible, S. Orange Ave. is traveled by over 33,000 vehicles daily. The location is just minutes to the Auto Auction, Downtown Orlando, Orlando International Airport and all major highways The main building has been fully updated; New Roof, including decking 2023, updated siding, security lighting, central air, fully fenced, fresh paint, flooring and an office access ramp. Lot A holds 25-30 cars and Lot B holds 35-45 cars, but will increase when the fenceline is moved to reflect the new survey boundaries. The newest property survey has shown that the property line is larger than the original fence line and the next owner will enjoy an additional 7' on the north side of the property! There are two current tenants with leases that would like to stay but there is a 60 day clause to end the leases if the new owner would like to occupy the property or renegotiate the leases for a higher rate. The property produces a 7 CAP. The seller is Motivated so Bring All Offers!!

Location

State FL

County Orange

Community Spahlers Add

Zoning C-3

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Linoleum, Tile, Vinyl

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Sewer Nearby

Roof Type Shingle

Building

Lot Description City Limits, Sidewalk

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Septic Tank

Water Public

Structure Type Block,Vinyl Siding,Wood Frame

New Construction false

Others

Ownership Sole Proprietor

Acceptable Financing Cash, Conventional, Special Funding

Listing Terms Cash, Conventional, Special Funding

Special Listing Condition None

Listed by OLDE TOWN BROKERS INC

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Jerid Wempen

Broker

+1(720) 297-4020