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5934 TINER AVENUE, Orlando, FL 32809

Commercial property for sale

Added: 06/30/2013
Last Update: 06/30/2013
5934 TINER AVENUE Orlando, FL 32809 US
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Contact info

  • 321-297-3170 [Office] 

Description

All units in this 39 unit mini warehouse are being used by Owner. The one condition on the sale is that the Owner be given 30 days to tighten up and remove some his inventory without paying rent. After that time, the present owner will begin paying rent on the units he continues to use.At rates comparable to those in the area, the return on investment would be a little over 7% at the sale price of $500,000.The real attraction of this purchase is the potential for increase in that ROI. Sixteen [16] of the units front on either Tiner Avenue or on Fairlane Avenue. Since the zoning is C-3 and the present land use is light manufacturing, these sixteen units should be converted from storage to a commercial use that is compatible with the zoning. Since a unit that fronts the street has a companion unit that backs up to it, it would be a simple process to remove the back wall and doubling the size of the unit. This flexibility would allow a new owner to accommodate almost any small business.There is also a men

Property Details

  • Building Name:NONE
  • Type: Retail
  • Use Types:Free-Standing Building
  • Status: Available
  • Year Built: 1974
  • MSA: Orlando-Kissimmee-Sanford
  • Zoning: C-3
  • Buildings: 1
  • Tenancy: Multiple Tenants
  • ConstructionBlock

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Benjamin H Dillard
321-297-3170 [Office]

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