2921 S Orlando 134,138,140, 142,124,1825 Drive, Sanford, FL 32773 | MLS O5750704 | Listing Information | BHHS Florida Realty

2921 S Orlando 134,138,140, 142,124,1825 Drive,  Sanford FL, 32773

24,312 sqft
Status: Active
MLS#: O5750704
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Last Updated: 12/18/2018 5:07 AM
Description for 2921 S Orlando 134,138,140, 142,124,1825 Drive Sanford, FL 32773
Dreams do Come True! Buy these 7 units together or buy them seperately. (building size can be increased) Unit 240/250 The same Chrch has been here for 8+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information
Price
$1,550,869
Seminole
24,312 (approx)
O5750704
Active
Description
Dreams do Come True! Buy these 7 units together or buy them seperately. (building size can be increased) Unit 240/250 The same Chrch has been here for 8+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information
Listing Information
Property Type: Retail, Other
0.62 Acres 24,312 (approx) 1965
20//
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
None
GC2
City Road
Driving Directions
17-92 north from lake mary Blvd. Make right after 417.
Financial Considerations
01-20-30-509-0000-0000
$4,219
2017
Market Trends and Price History
Listing Price History

Sanford Real Estate

Sanford is located in Florida. Sanford, Florida 32773 has a population of 58,111.

The median household income in Sanford, Florida 32773 is $39,776. The median household income for the surrounding county is $57,875 compared to the national median of $53,482. The median age of people living in Sanford 32773 is 34.7 years.

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Courtesy: INVESTOR'S REAL ESTATE LLC


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This content last refreshed on 12/18/2018 5:07 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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