1050 Nursery Road, Winter Springs, FL 32708

$399,000

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List Price
$399,000
Status
ACTIVE
MLS#
O6376787
Price Change
▼ $25,360 1788745343
Subdivision
Talmo Sub

Property Description

DRIVE BY ANYTIME/ANY DAY! This property is one of the last C-2 zoned properties in Seminole County (unincorporated) that has allowance for autobody and paint (since 1981 and still active!). The entire lot is security fenced and it has 2 huge rolling gates!! Currently rented to auto professionals in the front lot and back lot. Rents total $44k+/year!! Gold mine!! $42,436 Net Operating Income (NOI) which is OVER a 10 Cap Rate of return!!! Tenants pay for most expenses, and seller only covers landscaping at $100/month and property taxes which are only $963/year!! Can be perfect owner-user space to keep the tenants up front and use the back-lot yourself, or vice-versa!! Or..The tenants have a clause in their lease to vacate if sold, so you can keep them or use the entire property yourself!!! ****************************************************************************************************************** SELLER FINANCE WITH JUST 175k DOWN AND EASY TERMS, but at full price not the discounted price!!!!! I would love to answer any questions or help get you in this place!! This is a great way to get into Commercial Real Estate Investing!! LEASE OPTION is also an option!!! Small modular office on wheels does not convey but can be sold with the property for a little more. Happy property hunting!

Additional Information

Year Built
2005
Construction
Metal Frame, Frame
Acres
0.30
Cooling
Office Only, Other

Listing courtesy of REALTY HUB.

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