5934 TINER AVENUE, Orlando, FL 32809
Commercial property for sale
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