805 CYPRESS STREET,ORLANDO,Orange,Commercial Sale

Property Description

Amazing Instant Income Producing Opportunity!!  There are two independent used auto sales businesses on one property. The well-maintained .30 acre lot, boasts over 100 feet of frontage to S. Orange Ave. and is zoned C-3. The future land use is very flexible.  Location is highly visible, S. Orange Ave. is traveled by over 33,000 vehicles daily.  The location is just minutes to the Auto Auction, Downtown Orlando, Orlando International Airport and all major highways The main building has been fully updated; New Roof, including decking 2023, updated siding, security lighting, central air, fully fenced, fresh paint, flooring and an office access ramp. Lot A holds 25-30 cars and Lot B holds 35-45 cars, but will increase when the fenceline is moved to reflect the new survey boundaries.  The newest property survey has shown that the property line is larger than the original fence line and the next owner will enjoy an additional 7′ on the north side of the property! There are two current tenants with leases that would like to stay but there is a 60 day clause to end the leases if the new owner would like to occupy the property or renegotiate the leases for a higher rate. The property produces a 7 CAP. The seller is Motivated so Bring All Offers!!