OLD WINTER GARDEN ORLANDO, FL 32805

Features

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Facts

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Sale Type

This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.

Description

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.