$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
Parking Features 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
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