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1020 W Michigan St

2,820 SF Vacant Office Building Orlando, FL 32805 $795,000 ($282/SF)

Investment Highlights

  • Great opportunity for signage with high visibility on a prominent street
  • Adjacent to Interstate 4 and very close to 408 (East-West Expressway)

Executive Summary

This unique commercial property located right in the center of Orlando, adjacent to Interstate 4 and very close to 408 (East-West Expressway, on a 4-lane road, previously home to a successful business for 27 years and another for 7 years, offers an ideal opportunity for new ownership.
One Building is 2,000+ sq. ft. centrally air-conditioned (new AC unit in 2022) constructed new in 1988, It is mostly ADA compliant, concrete block building with 2 10'x10' offices and lobby and remaining open space with drop ceiling. 2 bathrooms.
Second building is an 820 sq. ft. efficiency Duplex with separate electric meters and grandfathered zoning with unlimited potential (example: Rent it out as is, remodel for residence of owner/operator, additional warehouse/storage space for business etc. etc.
This versatile space is a valuable investment in a sought-after central area.
Lot size: 12,200 sq. ft. (100' wide x 122' deep). Zoned C-2.
9 parking spaces. Concrete parking lot. Recently connected to sewer.
220 volts, 3 phase electrical supply available on main property. Green space. No HOA
Ideal for businesses needing easy and fast access all over Greater Orlando like: Florists, Pest Control, Pet Care & Boarding, offices, small manufacturing, Service industries, Distribution, Catering, Air Conditioning, Plumbing, Electrical, Contractors etc. etc. saving a lot of valuable time in traffic.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,820 SF
Building Class
C
Year Built
1988
Price
$795,000
Price Per SF
$282
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,820 SF
Building FAR
0.23
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C-2 - Commercial
Parking
9 Spaces (3.19 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Storage Space
  • Drop Ceiling
  • Yard
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,000 SF
  • Flex
  • Full Build-Out
  • Now

This unique commercial property located right in the center of Orlando, adjacent to Interstate 4 and very close to 408 (East-West Expressway, on a 4-lane road, previously home to a successful business for 27 years and another for 7 years, offers an ideal opportunity for your business. Very good signage exposure potential on a busy 4 lane road! 2,000 square feet is available for lease in the main building with potential for additional ~820 square feet of storage space in the secondary building. This property is ideal for any business needing easy and fast access throughout Greater Orlando and would perfectly suit florists, pet grooming & boarding, pest control, small manufacturing, light distribution, catering, AC, Plumbing, Electrical, Contractors, and more!

Space Size Space Use Condition Available
1st Floor 2,000 SF Flex Full Build-Out Now

1st Floor

Size
2,000 SF
Space Use
Flex
Condition
Full Build-Out
Available
Now

1st Floor

Size 2,000 SF
Space Use Flex
Condition Full Build-Out
Available Now

This unique commercial property located right in the center of Orlando, adjacent to Interstate 4 and very close to 408 (East-West Expressway, on a 4-lane road, previously home to a successful business for 27 years and another for 7 years, offers an ideal opportunity for your business. Very good signage exposure potential on a busy 4 lane road! 2,000 square feet is available for lease in the main building with potential for additional ~820 square feet of storage space in the secondary building. This property is ideal for any business needing easy and fast access throughout Greater Orlando and would perfectly suit florists, pet grooming & boarding, pest control, small manufacturing, light distribution, catering, AC, Plumbing, Electrical, Contractors, and more!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-2329-0180-60-050
Land Assessment
$59,887
Improvements Assessment
$190,493
Total Assessment
$250,380
  • Listing ID: 32488858

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 1020 W Michigan St, Orlando, FL 32805

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