$229,000

1615 29th Street

ORLANDO FL, 32805

Description

This value-add retail center is priced to sell and will benefit from a small capital investment. This concrete block strip center has 2 reliable tenants of a barber shop and also a beauty Salon and one vacancy. The current tenants are under month to month lease and are leased below market by a total of $2,400 per year. Current gross rent is $16,800/year with potential of $28,800 after repairs and fully leasing at market rent.

Details

MLS#O5810879
StyleRetail
Sub-TypeResale
StatusActive
Year1985
Days On Site5

Features

SQ Feet1,800
Story(s)1
Units3
ZoningC-1

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Area Information

StateFL
CountyOrange
CityORLANDO
Zip Code32805
Area32805 - Orlando/Washington Shores
Listing VS Median (in 32805)
Price:
$229,000
low | high
Med:
$159,950
80.152838427948% of Average
SqFt:
1,800
low | high
Med:
1,534
64.777777777778% of Average
$ / SqFt:
$127
low | high
Med:
$119
56.750002111611% of Average
On Site:
5
low | high
Med:
31.500000
15.873015873016% of Average
Listing Updated: 09/13/2019
MLS Number: O5810879
Listing Provided By:
Oliver Hedge  of  OPTIM REAL ESTATE LLC

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