1512 E Michigan St

1512 E Michigan St, Orlando, FL 32806

3 tenants with a 5 year lease. Cap rate: 7.39%. Cash on Cash 9.53% with 25% down with proposed 4.5% int amortized over 25 years. 100% occupied. Fully Leased Duplex property with an additional 11,000 SF lot in the rear can also be purchased.

Contact

Broker or Owner Contact
Tony Nguyen
TRG Commercial Real Estate
12301 Lake Underhill Road
#111
Orlando, FL 32828
Phone: (407) 780-9116
tony@TRGcre.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 2059954
Building Size 5043
Site Size (acres)
Zoning Commercial
Year Built 1948
Number of Drive-In Doors
Number of Dock-In Doors 0
Clearance Height
Drive-in Doors yes
Sprinklered yes
Parking Ratio 4.36
Updated 2017-01-27T07:54:10
Number of Parking Spaces
Parking yes
HVAC Unknown

Pricing

For Sale yes
Sale Price 850000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5128994239022
Longitude -81.3604584957009
County Orange
Rail Access no

Utilities

Service to Property no
Electric Provider OUC
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider