884 E MICHIGAN STREET, Orlando, Florida, 32806

Listed by JR REALTY GROUP LLC, John Vincent, 407-534-9764, johnforfl@gmail.com
$1,615,000
3,258 Sqft
0.56 Acres
4 bd
2 ba
#O6429402
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Drive. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today for a copy of our Offering Memorandum or to schedule your visit.

PROPERTY FEATURES

  • Utilities : BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
  • Water Access : 0
  • Sewer : Public Sewer
  • Exterior Features : Other
  • Road Surface Type : Asphalt
  • Roof : Shingle
  • Zoning : C-1
  • Heating : Other
  • Cooling : Other
  • Construction Materials : Block, Stucco
  • Interior Features : Other
  • Laundry Features : Other
  • Appliances : None
  • Flooring : Other
PROPERTY DETAILS
ID: O6429402
Status: Active
Price: $1,615,000
Acres: 0.56 Acres
Price Per Acre: $2,883,929
Type: Single Family / Detached
Address: 884 E MICHIGAN STREET
City, State: Orlando, Florida
County: Orange
Zip Code: 32806
Lat/Long: 28.512688, -81.366323
Presented By: John Vincent
Phone: 407-534-9764
Email: Click to Contact
Agent
John Vincent