For SaleRetailActive
884 E Michigan Street
Orlando, FL 32806
$1,615,000
159 Days On Site
- 3,258Sq Ft
- $496Per Sq Ft
- 0.56Acres
- 1982Built
- Subdivision
- Weidows Sub
- County
- Orange
- MLS®
- O6415078
Overview
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Drive. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today for a copy of our Offering Memorandum or to schedule your visit.
Listing Snapshot
- Price
- $1,615,000
- Days On Site
- 159 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 3,258 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.56 Acres
- Year Built
- 1982
- MLS® Number
- O6415078
- Status
- Active
- Property Tax
- $9,566 (2025)
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Public Records
Property Details
General Features
8 items
- Acres
- 0.56
- Direction Faces
- North
- Foundation
- Slab
- Property Sub Type
- Retail
- Sewer
- Public Sewer
- SqFt Total
- 4,282
- Utilities
- Electricity Available, Water Connected
- Zoning
- C-1
Interior Features
1 item
- Cooling
- Central Air
Exterior Features
4 items
- Construction Details
- Block, Stucco
- Frontage
- 140
- Lot Features
- Corner Lot
- Road Frontage
- City Street
Community Features
4 items
- MLS Area
- 32806 - Orlando/Delaney Park/Crystal Lake
- Township
- 23
- Financing Terms Available
- Cash
- Roads
- Asphalt
Location
884 E Michigan Street, Orlando, FL 32806 · 32806 - Orlando/Delaney Park/Crystal Lake
Neighborhood & Commute
ZIP Code 32806
- Median household income
- $91,251
- Income per person
- $54,219
- Households
- 12,419
- Average household size
- 2.12
- Median age
- 40.8
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Active
- Listing first seen on site
Friends & Family
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