Lease to Own
Address
110 ATLANTIC DRIVE Maitland, FL
Price
$ 2,500,000
Property Attributes
  • MLS#O5922588
  • TypePending
  • CountySEMINOLE
  • CityMaitland
  • AreaMaitland - Eatonville
  • NeighborhoodSeminole Indust Park 1St Add
  • Zip32751
  • StyleIndustrial
  • Year Built1969
  • Taxes14550
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage22526
  • Lot Size1.15 Acres
Listing Provided Courtesy Of:
CENTURY 21 ALTON CLARK
Data Source:
Stellar MLS
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.

Price History
2/9/2021 Listed $2,600,000
2/16/2021 4% - $2,500,000

General Features

Business Type Manufacturing
Construction Materials Block, Metal Siding, Stucco
Cooling Central Air
Electric 440 Volts
Flooring Carpet, Ceramic Tile, Concrete
MLS Area 32751 - Maitland / Eatonville
Property SubType Industrial
Property Type Commercial Sale
Roof Membrane, Metal
Security Features Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Security Lights
Sewer Septic Tank
Special Listing Conditions None
Status Pending
Subdivision Name SEMINOLE INDUST PARK 1ST ADD
Total Num Buildings 1
Township 21
Year Built 1969
Zoning M-1

Interior Features

Ceiling Type Acoustical
Living Area 22526.00
Numof Restrooms 4

Exterior Features

Building Area Total 22526.00
Foundation Details Slab
Lot Size Acres 1.15
Lot Size Square Feet 50026
Number of Lots 1
Numof Bays Grade Level 2
Road Frontage Type Business District, City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32751

Price
AVG $530K
$2.5M
Taxes
AVG $8,192
$14,550
Visits
AVG 98
27
Year Built
AVG 1978
1969

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