110 Atlantic Drive, Maitland, FL 32751

$2,500,000
22,526
SqFt
List Price
$2,500,000
Status
Active
Days on Market
20
Price Change
▼ $100,000 1613511226
MLS#
O5922588
Property Style
Industrial
Year Built
1969
Living Area
22,526
Lot Size
50,026
Acres
1.15
Total Acreage
1 to less than 2
Legal Subdivision Name
Seminole Indust Park 1st Add
MLS Area Major
Maitland / Eatonville

Property Description

Excellent Industrial Building Investment producing a 6.15% cap rate with a long term established tenant. Well maintained 22,526 sq ft building off Hwy 17-92 close to Orlando, approx. 6 minutes to I-4 and 3 minutes to The Sun Rail. The building consists of Office/Manufacturing/Warehouse space, is 100% under A/C and has been recently painted, re-plumbed, and bathrooms renovated. Building only - for sale – tenant is on a triple net lease and has been in business since 1977 and in this building since 1990. Tenant will sign a new 5-year lease with option for 3 to 5 additional years. Great building, location, and investment. All information is deemed accurate but should be verified by buyer.

Additional Information

Taxes Annual
$14550
Community Features
No Deed Restriction
Zoning
M-1
Floor
Carpet, Ceramic Tile, Concrete
Air Conditioning
Central Air
Exterior Construction
Block, Metal Siding, Stucco
Roof
Membrane, Metal
Foundation
Slab
Pool
No Pool
Flood Zone Code
X
Parcel ID
19-21-30-514-0B00-0010
Legal Description
LOTS 1 & 2 BLK B & BEG NW COR LOT 1 BLK B RUN E 10.08 FT S 7 DEG 30 MIN 30 SEC E 213.05 FT W 10.08 FT N 7 DEG 30 MIN 30 SEC W 213.05 FT TO BEG SEMINOLE INDUSTRIAL PARK 1ST ADD PB 14 PG 30

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 ALTON CLARK.

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