500-508 W Oak Ridge Road, Orlando, FL 32809

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List Price
$1,680,000
Status
Active
Days on Market
0
MLS#
NS1089566
Property Style
Retail
Year Built
1974
Living Area
5,000
Lot Size
16,109
Acres
0.37
Total Acreage
1/4 to less than 1/2
MLS Area Major
Orlando/Pinecastle/Oakridge/ Edgewood

Property Description

This property provides several unique business opportunities that won't be found in another building in the area! This 5 unit space is currently occupied by a church in a single unit on a month to month lease, and a restaurant with a bar license in 2 adjoining units leased through August 2028. There are two empty center units with one previously used for a beauty salon. These specialty uses are not easy to get approved, so this location keeps your options open for specialized tenants. This is a single-story, free-standing commercial building of approximately 4,400 square feet. It is zoned C-1 and has 16 parking spaces on the property. The building has been well maintained with the latest remodel completed in 2019. This building is perfect for a new owner ready for immediate and ongoing cash flow, and has space to owner/occupy the 2 empty units. Gas is available at the back of the building. Each unit has a separate water and electric meter. It's in the Pine Castle / South Orlando area of unincorporated Orange County, on the West Oak Ridge Road corridor, a short distance from Oak Ridge High School and close to South Orange Blossom Trail and I-4.

Additional Information

Taxes Annual
$6487
Community Features
No Deed Restriction
Property Description
One Story
Zoning
C-1
Air Conditioning
Central Air
Exterior Construction
Stucco
Foundation
Slab
Pool
No Pool
Garage Features
Common, Shared Parking
Flood Zone Code
X
Parcel ID
23-23-29-0000-00-001
Legal Description
BEG 30 FT S & 417.50 FT E OF NW COR OF SE1/4 RUN E 112.34 FT S 154.82 FT W 112.34 FT N 154.82 FT TO POB (LESS N 12 FT THEREOF FOR RD R/W) IN SEC 23-23-29

Listing courtesy of ELITE REAL ESTATE TEAM. 386-314-7505

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