1050 NURSERY Road, Winter Springs, FL 32708
sale
$399,000
|
Retail
Courtesy Of US Realty Hub, LLC
DRIVE BY ANYTIME/ANY DAY! This property is one of the last C-2 zoned properties in Seminole County (unincorporated) that has allowance for autobody and paint (since 1981 and still active!). The entire lot is security fenced and it has 2 huge rolling gates!! Currently rented to auto professionals in the front lot and back lot. Rents total $44k+/year!! Gold mine!! $42,436 Net Operating Income (NOI) which is OVER a 10 Cap Rate of return!!! Tenants pay for most expenses, and seller only covers landscaping at $100/month and property taxes which are only $963/year!! Can be perfect owner-user space to keep the tenants up front and use the back-lot yourself, or vice-versa!! Or..The tenants have a clause in their lease to vacate if sold, so you can keep them or use the entire property yourself!!! ****************************************************************************************************************** SELLER FINANCE WITH JUST 175k DOWN AND EASY TERMS, but at full price not the discounted price!!!!! I would love to answer any questions or help get you in this place!! This is a great way to get into Commercial Real Estate Investing!! LEASE OPTION is also an option!!! Small modular office on wheels does not convey but can be sold with the property for a little more. Happy property hunting!
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Property Features
- Age: 21-30 Years Old
- Exterior Type: Metal Frame
- Exterior Type: Frame
- Legal Description: LOT 1 (LESS E 120 FT & W 35 FT) & LOT 2 (LESS E 120 FT & W 40 FT) BLK E TALMO SUBD PB 9 PG 10
- MLSID: O6376787
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