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$1,615,000
Active
884 E MICHIGAN STREET
ORLANDO, FL 32806 — WEIDOWS SUB
4 Beds
2 Baths
3,258 sqft
0.56 acres
Built 1982
About This Property
*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. 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. Seller Financing Option: No. See also: MLS#O6415078. Contact us today to schedule your visit.
Property Details
Basics
- Property Type
- Residential
- Property Subtype
- Single Family Residence
- MLS Number
- O6429402
- Year Built
- 1982
- Levels
- One
- Direction Faces
- East
- Occupant Type
- Tenant
Size & Structure
- Living Area
- 3,258 sqft
- Total Area
- 4,282 sqft
- Lot Size
- 0.56 acres
- Lot Sq Ft
- 24,572 sqft
- Bedrooms
- 4
- Full Baths
- 2
Interior
- Flooring
- Other
- Appliances
- None
- Interior Features
- Other
- Laundry
- Other
- Furnished
- Unfurnished
- A/C
- Other
- Heating
- Other
Exterior & Lot
- Exterior Features
- Other
- Construction
- Block, Stucco
- Roof
- Shingle
- Foundation
- Slab
Water & Pool
Community & HOA
- HOA
- No
Utilities & Systems
- Water
- None
- Sewer
- Public Sewer
- Utilities
- BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Water Available, Water Connected
- Cooling
- Other
- Heating
- Other
- Flood Zone
- X
Financial
- List Price
- $1,615,000
- Annual Taxes
- $9,566
- Tax Year
- 2025
- Listing Terms
- Cash, Conventional
- Special Conditions
- None