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$169,000
976 Days Online

Sanford Plaza #142
2921 S Orlando Drive
Sanford, FL 32773

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
2,000
SqFt
$85
/SqFt
1965
Built
Subdivision:
null
County:
Seminole, FL
Call Now: 941-866-1666
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941-866-1666
2921 S Orlando Drive2921 S Orlando Drive2921 S Orlando Drive2921 S Orlando Drive
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Spectacular Opportunity! Buy this unit separately or buy all 5 units for sale. This unit is Vacant, below market and ready to Lease. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, Department of Children & Family Services (DCF subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Church has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the Greenway (417). The roof is mostly foam covered with small river rock, which protects from UV rays & adds a tremendous amount of insulation with high ceilings. Unit 180, 240 & 250 have a sprinkler system.

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Listing Snapshot
Price
$169,000
Days Online
976 Days
Bedrooms
N/A
Inside Area (SqFt)
2,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.05 Acres
Year Built
1965
MLS Number
O5717865
Status
Active
Property Tax
$1,421
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Public Records
Friends & Family
Recent Activity
7 hours agoListing updated with changes from the MLS
3 months agoPrice changed to $169,000
3 months agoPrice changed to $168,000
7 months agoPrice changed to $149,000
a year agoPrice changed to $164,900
See 3 more
General Features
Zoning
GC2
Interior Features
Cooling
Central Air
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Exterior Features
Waterfront
No
Listing courtesy of INVESTOR'S REAL ESTATE LLC



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Data last updated at: 2021-03-02 01:26 PM EST

Neighborhood & Commute
Source: Walkscore
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