1. Florida
  2. Longwood
  3. 531-541 N US HIGHWAY 17 92
$3,699,900

531-541 N US HIGHWAY 17 92, Longwood, FL 32750

  • 10,460 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1973
  • Property Lot Size Icon1.14acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $354/sqft
  • Property List Date Icon Listed 8 months ago

Property Description

########################################################################################### NEW LOW PRICE REFLECTS SELLER LEASE BACK OF THEIR OCCUPIED SPACE AT NO COST FOR 8 YEARS!!! ALL OTHER 24 UNITS ARE LEASED TO TENANTS! ########################################################################################### SELLER FINANCE BOTH BDGS WITH JUST HALF DOWN!! BOTH BDGS ARE ON INDIVIDUAL PARCELS, SO WILL SELL SEPARATE! Near 11 CAP RATE!!!! Which is $420k/yr! WOW!!! This is a Cash Cow! Make your MOOOOOOOOve, and make it yours!! ###########################################################################################. LIST AGENT IS THE SELLER AND DECISION MAKER!! DEAL DIRECT FOR AN EASY DEAL!! SELLER WILL STAY AND CONTINUE TO OCCUPY THEIR VERY SMALL PORTION, LONG-TERM, AND LEASE BACK FROM BUYER. MAJORITY LEASED BY TENANTS WITH LEASES, NOT THE OWNER. OWNER IN 300SF. NO VACANCIES!! FULLY OCCUPIED AND LEASED, BETWEEN THE SELLER AND THE SELLER'S TENANTS WITH LARGE SECURITY DEPOSITS IN PLACE!! Also, annual increases on majority of the leases and tenants have a clause in their leases that allows landlord to terminate on sale or any reason with a written notice. (Tenants do not have the same ability to cancel on their end, so they’re locked in unless you want them to go.) Plug N Play Investment!!! Located on the booming US Highway 17-92!! Longwood, FL 32750. For all you out-of-staters dying to get into FL Commercial Real Estate.. this is the ORLANDO MARKET!!! Surrounded by everything!! Close by Everything! You name it, it's not far! ###########################################################################################. BDG 1::: 15 retail units! 3400sf. BDG2::: 3 flex space units & 8 separate retail units, total of 11 units! 7060sf. So, 26 units grand total! Lots of recent renovations done, as well as the tenants all have long term leases, so your income is guaranteed from day one! Parking lot just redone and resealed!!! Great looking place, even better looking RETURN ON INVESTMENT!!! ###########################################################################################. All pertinent information can be verified under contract: Rent Roll, P&L, bank statements, survey, environmental, etc are all available and on hand. As a preliminary... Rent Roll/ P&L are available, now. Just ask. All information is to be deemed accurate but is at buyer and buyer's agent's discretion to verify all information. Showings by appointment only. DO NOT DISTURB THE TENANTS!

Listing Status:
Active
Date Added:
September 24, 2024 at 05:00AM
Listing Office:
REALTY HUB : 407-900-1001
Listing Agent:
DuNaMis Dunn : 407-590-5515
MLS ID:
O6244571
  • A/C: Other

This listing courtesy of DuNaMis Dunn, REALTY HUB

Location

Schools Nearby

L

Longwood Elementary School

840 Orange Ave, Longwood, FL, 32750

Grades KG-5

0.31 miles away

M

Milwee Middle School

1341 S Ronald Reagan Blvd, Longwood, FL, 32750

Grades 6-8

2.09 miles away

L

Lyman High School

865 S Ronald Reagan Blvd, Longwood, FL, 32750

Grades 9-12

1.64 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.