Investment opportunity in Winter park with 8% net return. Flex commercial condominium space with existing triple net lease tenant close to Fairbank and behind 4River. Existing tenant is an active brewery with sports bar and active kitchen. Tenant has two large commercial refrigerators, beer making equipment, large sit down bar and active kitchen. About half of the space is the bar/restaurant and the back area is the boutique brewery and open kitchen. Two installed bathrooms and wide open space that could be divided. High ceiling and 2 open bay doors. plenty of parkings. Great return on investment with opportunities for higher returns. Current tenant pays for HOA, taxes, insurance and building maintenance in addition to $5000 per month rent.
MLS# | O5836857 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 2006 |
Days On Site | 373 |
SQ Feet | 4,008 |
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Zoning | I-1 |
Area Information | |
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State | FL |
County | Orange |
City | WINTER PARK |
Zip Code | 32789 |
Area | 32789 - Winter Park |
Listing VS Median (in 32789) | |
Price: $750,000 low | high Med: $599,000 SqFt: 4,008 low | high Med: 2,690 $ / SqFt: $187 low | high Med: $223 On Site: 373 low | high Med: 131 |