
884 E MICHIGAN ST
Orlando, Orange, FL, 32806
Active$1,615,000
$496/sqft
About this home
*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. Contact us today for a copy of our Offering Memorandum or to schedule your visit.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. JR REALTY GROUP LLC is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
87 days on market
Listed by: John Vincent · 407-534-9764—JR REALTY GROUP LLC · 407-920-4624
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MLS/IDX data last updated: . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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