Price Reduced 8.00%


Price History

$2,499,000
5/11/2023

$2,299,000
11/7/2023


3730 Old Winter Garden ROAD, Orlando, FL, 32805

3730 Old Winter Garden ROAD, Orlando, FL, 32805

1984

SELLER FINANCING AVAILABLE! This versatile warehouse-style property boasts immense potential and occupies a highly sought-after, high-visibility location in the heart of Orlando, just one mile from the intersection of SR 408 and I-4, with SR 408 at the rear and Old Winter Garden Rd. at the front. Additionally, the property features an owned billboard space offering direct advertising exposure to both SR 408 and Old Winter Garden Rd., with further potential for additional billboards and signage. The existing billboard generates passive income, currently at $23,000 per year but with the potential to increase to $29,000-$30,000 per year. With two separate entrances for operational convenience and customer accessibility, this property comprises three buildings, including two interconnected structures. Inside these buildings, a variety of flexible layouts are possible, supported by four available bathrooms on the premises. The first building contains eight spacious bays, each boasting high ceilings and approximately 800 sq ft, with individual office spaces within each bay. The second building features 18 units, each sized at 200 sq ft, with some units already combined to meet the specific needs of current tenants. Additional income opportunities come in the form of a two-bedroom security apartment located at the front of the property. This apartment can continue to serve as living quarters or be converted into office space, complete with a kitchen and living room. Moreover, the property's expansive size allows for the storage of RVs, boats, trailers, recreational vehicles, and more. Alternatively, there is the potential to develop a climate-controlled self-storage facility on-site. The possibilities are truly limitless. Whether you maintain the property in its current state or embark on a complete overhaul, this investment opportunity should not be overlooked.


Status:

Active

Type:

Commercial

Units:

27

Garage:

19 to 30 Spaces, Common

Heating:

Wall Units / Window Unit

Cooling:

Wall/Window Unit(s)

Levels:

1

Acreage:

0.84

Est. Taxes:

$12,171

Construction

Block, Metal Frame, Metal Siding, Stucco

Utilities

Public, Water Connected

Lot Description:

Central Business District

Days on Market:

300

Appliances:

Refrigerator

MLS #:

O6110377


Community Info

School Info

Walk Score

Yelp



Listing courtesy of EXIT GLOBAL REALTY Phone: 407-947-6879