2921 S Orlando Dr 178, 240,250 Sanford, FL 32773$1,200,000 - For Sale - $67 per sf
Dreams do Come True! Buy these 3 units together or buy them separately. (building size can be increased) Unit 240/250 The same Chrch has been here for 10+ years. The chrch lease may be cancelled allowing for upgrade. Unit 260 is vacant land-cell tower lease, EZ to add 7,000+ SF. of new building, additional land price of $50,000. Sanford Plaza centrally located & close to everything. It is anchored by Bravo Foods, DCF (subcontractor-CBC) & Citi Trends. CBC generates traffic from thousands of family-oriented customers weekly as it is the largest family services in central Florida, servicing 3 counties. Pipe Dreams & the Beauty Salon have been in the plaza since it was remodeled around 1997. The Ambassador Chrch has been there for over 10 years. They also had a contract to purchase the building for 1 million plus. Most tenants would like a longer lease but the rents are low & will increase so we will only negotiate longer leases if a buyer has a contract subject to said longer leases. The only expenses not covered by the condo association dues which have been consistent at $1.15 per square foot for years with well over a $100,000 reserve, are the roof & HVAC. The leases typically require the tenants to cover the majority of the HVAC expenses.The entire plaza is approx 155,000 Sqft, located on 14 +/- acres. The Sanford Plaza has good traffic & great visibility to the (417). Unit 178 aka (180), 240 &250 have a sprinkler system. Land, Site, and Tax Information available upon requestFor more information, view this virtual tour.
MLS #: O5750704
Type: Commercial - Commercial