2537 S Park Ave
Sanford, FL 32773
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Three (3) Various Income Streams
PROPERTY FACTS
Property Type
Retail
Building Size
2,680 SF
Building Class
C
Year Built
1936
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
0.22 AC
Zoning
GC-2
Parking
17 Spaces (6.34 Spaces per 1,000 SF Leased)
Frontage
ABOUT 2537 S PARK AVE , SANFORD, FL 32773
Three Tenant building Investor special. First Floor has a long term tenant Tire Store/Automotive Repair Business with 4 Years left on the new Lease, paying $1,200/Mo. Also on the First Floor is a Church, who is another Tenant that has been there for years, paying $600.00/Mo. On the 2nd Floor is a Residential Apartment Tenant, paying $850.00/Mo. for a total monthly Income of $2,650.00 per month or $31,800.00 per Year. Taxes are $2,027.84 and Insurance is $2,972.16 for a total Yearly Expense of $5,000.00, leaving a $26,800.00 per Year NOI. Close to I-4, 417 and St. Rd. 46, none of the Tenant spaces, if vacated, would remain Vacant for very long.
PROPERTY TAXES
| Parcel Number | 01-20-30-504-0400-0100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $175,481 |
