805 CYPRESS ST Pending Save Request In-Person Tour Request Virtual Tour
Orlando,FL 32824
Key Details
Property Type Commercial
Sub Type Business
Listing Status Pending
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
Under contract-accepting backup offers. 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