$750,000

750 Jackson Ave #2

WINTER PARK FL, 32789

Description

Investment opportunity in Winter park with 8% net return. Flex commercial condominium space with existing triple net lease tenant close to Fairbank and behind 4River. Existing tenant is an active brewery with sports bar and active kitchen. Tenant has two large commercial refrigerators, beer making equipment, large sit down bar and active kitchen. About half of the space is the bar/restaurant and the back area is the boutique brewery and open kitchen. Two installed bathrooms and wide open space that could be divided. High ceiling and 2 open bay doors. plenty of parkings. Great return on investment with opportunities for higher returns. Current tenant pays for HOA, taxes, insurance and building maintenance in addition to $5000 per month rent.

Details

MLS#O5836857
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year2006
Days On Site80

Features

SQ Feet4,008
Story(s)1
ZoningI-1

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Area Information

StateFL
CountyOrange
CityWINTER PARK
Zip Code32789
Area32789 - Winter Park
Listing VS Median (in 32789)
Price:
$750,000
low | high
Med:
$599,900
70.013333333333% of Average
SqFt:
4,008
low | high
Med:
1,606
100% of Average
$ / SqFt:
$187
low | high
Med:
$374
49.61803237858% of Average
On Site:
80
low | high
Med:
25
100% of Average
Listing Updated: 03/31/2020
MLS Number: O5836857
Listing Provided By:
David Basher  of  PINECREST REAL ESTATE MNGT

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