1004 New York Avenue, Saint Cloud, FL 34769 | MLS S4810277 | Listing Information | BHHS Florida Realty

1004 New York Avenue,  Saint Cloud FL, 34769

Status: Sold
MLS#: S4810277
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Last Updated: 12/10/2016 8:21 AM
Description for 1004 New York Avenue Saint Cloud, FL 34769
Hereâs your once in a lifetime opportunity to own a part of Osceola County HISTORY! The 3 story, historical St. Cloud Hotel is now available AND affordable!! The highly visible anchor of downtown St. Cloud can provide an immediate return on investment as it currently houses two thriving tenants, a bar and a restaurant, with room to spare. The entire 1st floor has been beautifully refurbished and is reminiscent of the early 1900âs, featuring gorgeous, original hardwood floors, soaring ceilings, bold architecture and a stunning front desk exuding the ambiance of its rich culture. Only about half of the ground floor, an approximate 7100 square feet (per owner), is being utilized by tenants. There are three offices, a small, open corner space, perfect for a gourmet coffee kiosk , a massive ballroom or meeting room that has potential for becoming another restaurant or leasable commercial space to most any type of business, and another sizable space perfect for another commercial tenant. The top two floors of 38 hotel rooms can be restored to the hotelâs original grandeur with some creativity & vision, or, if you prefer, look into flex space options. Lease the bottom floor and use your income to fund the restoration of the hotel rooms upstairs, increasing the value of your asset and its potential for income.
Price
Sold Price:
$550,000
Sold Date:06/14/2016
Osceola
S4810277
Closed
Description
Hereâs your once in a lifetime opportunity to own a part of Osceola County HISTORY! The 3 story, historical St. Cloud Hotel is now available AND affordable!! The highly visible anchor of downtown St. Cloud can provide an immediate return on investment as it currently houses two thriving tenants, a bar and a restaurant, with room to spare. The entire 1st floor has been beautifully refurbished and is reminiscent of the early 1900âs, featuring gorgeous, original hardwood floors, soaring ceilings, bold architecture and a stunning front desk exuding the ambiance of its rich culture. Only about half of the ground floor, an approximate 7100 square feet (per owner), is being utilized by tenants. There are three offices, a small, open corner space, perfect for a gourmet coffee kiosk , a massive ballroom or meeting room that has potential for becoming another restaurant or leasable commercial space to most any type of business, and another sizable space perfect for another commercial tenant. The top two floors of 38 hotel rooms can be restored to the hotelâs original grandeur with some creativity & vision, or, if you prefer, look into flex space options. Lease the bottom floor and use your income to fund the restoration of the hotel rooms upstairs, increasing the value of your asset and its potential for income.
Listing Information
Property Type: Business Opportunities, Other
0.26 Acres $32.59 1910
26//
Fire Hydrant, City
Public Sewer
Electric, Natural Gas
RETAIL COMMERCIAL
Neighborhood
Room Information
Interior Features
None, Central Air
Central
Exterior / Lot Features
Shared Driveway
None
1/4 Acre to 21779 Sq. Ft.
SCB1
Sidewalks, Curb & Gutter, Historic Area, In City, Close to Bus Line, Paved Road, City Road
Community Features
Bus Line
Driving Directions
Heading East on Hwy. 192, make a L. on New York Ave., hotel on L., corner of New York and 10th St.
Financial Considerations
01-26-30-0001-0161->
$5,220
2015
Market Trends and Price History
Listing Price History

Saint Cloud Real Estate

Saint Cloud is located in Florida. Saint Cloud, Florida 34769 has a population of 61,287.

The median household income in Saint Cloud, Florida 34769 is $51,510. The median household income for the surrounding county is $44,887 compared to the national median of $53,046. The median age of people living in Saint Cloud 34769 is 37.4 years.

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Courtesy: LA ROSA REALTY, LLC


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2016, My Florida Regional MLS
Information is deemed reliable but is not guaranteed.

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