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- MLS#O5717819
- TypeSingle Family
- CountySEMINOLE
- CitySanford
- AreaSanford
- NeighborhoodSanford Plaza
- Zip32773
- StyleRetail
- Year Built1965
- Taxes1065
- Price$ 159,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1500
- Lot Size1,307 SqFt
Listing Provided Courtesy Of:
INVESTOR'S REAL ESTATE LLC
Data Source:
Stellar MLS
Property Description
Spectacular Opportunity! Buy this unit separately or buy all 4 units for sale. Currently Vacant and ready for occupancy. Unit has consistently rented for $21,000+ annually. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (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 Church has been there for over 10 years. 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 Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.
Price History | |
---|---|
8/30/2020 | Listed $149,000 |
General Features
Business Type | Commercial |
---|---|
Complex Development Name | SANFORD PLAZA |
Construction Materials | Stucco |
Cooling | Central Air |
MLS Area | 32773 - Sanford |
Property SubType | Retail |
Property Type | Commercial Sale |
Special Listing Conditions | None |
Status | Active |
Total Num Buildings | 1 |
Township | 20 |
Unit Number | 134 |
Year Built | 1965 |
Zoning | GC2 |
Interior Features
Living Area | 1500.00 |
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Exterior Features
Building Area Total | 1500.00 |
---|---|
Lot Size Acres | 0.03 |
Lot Size Square Feet | 1500 |
Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool