Address
2921 S ORLANDO DRIVE #134,142,178, 240,250 Sanford, FL
Price
$ 2,000,000
Property Attributes
  • MLS#O5750704
  • TypeCommercial
  • CountySEMINOLE
  • CitySanford
  • AreaSanford
  • NeighborhoodSanford Plaza
  • Zip32773
  • StyleRetail
  • Year Built1965
  • Taxes5484
  • Price$ 2,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21312
  • Lot Size0.53 Acres
Listing Provided Courtesy Of:
INVESTOR'S REAL ESTATE LLC
Property Description

Dreams do Come True! Buy these 5 units together or buy them separately. (building size can be increased) Unit 240/250 The same Chrch has been here for 9+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, 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 Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. 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 (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information available upon request

Price History
2/2/2020 Listed $1,500,000
8/12/2020 12% - $1,325,000

General Features

Additional Parcels Y/N Yes
Business Type Commercial
Complex Development Name SANFORD PLAZA
Construction Materials Stucco
Cooling Central Air
MLS Area 32773 - Sanford
Property SubType Retail
Property Type Commercial
Special Listing Conditions None
Status Active
Subdivision Name SANFORD PLAZA
Total Num Buildings 1
Township 20
Unit Number 134, 142, 178, 240, 250
Year Built 1965
Zoning GC2

Interior Features

Living Area 21312.00

Exterior Features

Building Area Total 21312.00
Lot Size Acres 0.53
Lot Size Square Feet 22560
Number of Lots 2
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

Property vs Zip Code Average in 32773

Price
AVG $290K
$2M
Taxes
AVG $17,683
$5,484
Visits
AVG 103
139
Year Built
AVG 1980
1965
Walkscore
AVG 40
31
Data Provided by Walkscore ® not using MLS data

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