$2,300,000
$2,500,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
110 Atlantic DR Maitland, FL 32751
22,526 SqFt
Key Details
Sold Price $2,300,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 22,526 sqft
Price per Sqft $102
Subdivision Seminole Indust Park 1St Add
MLS Listing ID NS1062402
Sold Date 05/21/21
HOA Y/N No
Originating Board New Smyrna Beach Board of Realtors
Year Built 1969
Lot Size 1.150 Acres
Acres 1.15
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. ;Water: City
Location
State FL
County Seminole
Community Seminole Indust Park 1St Add
Zoning M-1
Interior
Heating Central
Cooling Central Air
Exterior
Garage Other
Roof Type Metal
Building
Entry Level Two
Sewer Septic Tank
Water See Remarks
Structure Type Stucco
Others
Special Listing Condition None
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© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with NEW SMYRNA BEACH BOARD OF REAL