143 E Michigan Avenue
Orange City,
FL
32763
Jeanette Parker with Better Homes and Gardens Real Estate Synergy,
original listing - (386) 338-3939
Property Details
| List Price: |
$650,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
1050 Square Feet |
| Agency: |
Better Homes and Gardens Real Estate Synergy |
| Agency Phone: |
(386) 338-3939 |
Description/Comments
| Lot Size: |
18,731 sqft |
| Garage: |
Garage |
| Property Type: |
Commercial Sale-Industrial |
| Year Built: |
1952 |
| Notes: |
*Prime Investment Opportunity: Auto Mechanic Shop with Residential Rental Income** Unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. Located in a high-visibility area, this property offers a unique combination of income streams and flexibility for future growth. **Key Features:** - **Six-Bay Auto Mechanic Shop:** This spacious and fully equipped auto shop is ready for immediate use. The facility includes: - **Six car lifts** for handling a variety of vehicles - **Air compressor** for pneumatic tools - **Tire changer** to meet all tire service needs - **Waste coolant tank** for environmental compliance - Dedicated **storage space** for tools, parts, and supplies Whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. Note: the sale does not include the existing business currently operating in the space. - **Single-Family Residential Unit:** A fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. Thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates. **Leasing Information:** Both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired. **Highlights:** - High-traffic location with excellent visibility and accessibility - Ample parking space for customers and tenants - Well-maintained building and facilities - Separate utility meters for ease of management - Strong potential for steady cash flow from both commercial and residential units Whether you're an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. With a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don't want to miss. Note: This listing is being sold together with FC 305774, APN: 17-30-33-04-00-0770, for a total purchase price of $650,000.00. |
| MlsNumber: |
-- |
| ListingId: |
FC305779 |
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| Listing Provided By: |
Better Homes and Gardens Real Estate Synergy, original listing |
| Phone: |
(703) 473-6699 |
| Office Phone: |
(386) 338-3939 |
| Agent Name: |
Jeanette Parker |
| Disclaimer: |
Copyright © 2024 Better Homes and Gardens Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
