Price $499,000
Status Active
Beds 2
Baths 1 Bath
Home size 610 sqft
Lot Size 9,584 sqft
Days on Market 456
This prime commercial property for sale on John Young Parkway appears to be an interesting investment opportunity. Here are some key details to consider: Location: Being situated on John Young Parkway, a major thoroughfare, can make this property highly visible and accessible, which is often crucial for commercial real estate. Multiple Lots: The property consists of two lots next to each other, potentially providing flexibility for development or expansion. This can be advantageous for commercial projects that require more space. Rental Income: One of the lots includes a small house that is currently rented for $650 per month. This rental income can provide an immediate return on investment for the buyer. Land Size: The total land size is approximately 0.22 acres. This can be a significant asset, especially in a commercial context where land size and configuration can impact the potential uses of the property. Cash Buyers Only: The listing specifies that cash buyers are preferred, which suggests that the seller may be looking for a quick and straightforward transaction without the complexities associated with mortgage financing. As-Is Sale: The seller is selling the property in as-is condition. This means that any necessary repairs or improvements will be the responsibility of the buyer. It's essential for potential buyers to conduct a thorough inspection to assess the property's condition before making an offer. Given the commercial nature of this property, potential buyers may have various options for its use, such as retail, office space, or redevelopment for a different commercial purpose. However, it's essential to conduct due diligence, including researching local zoning regulations and land use restrictions, to ensure the property aligns with your intended commercial venture. If you're interested in this property, it's advisable to contact the seller or a commercial real estate agent for more information, to schedule a viewing, and to discuss the specific details and potential of this investment.
Property Type(s): Single Family
Last Updated 9/11/2023 Tract PALM PARK
Year Built 1944 Community 34741 - Kissimmee (Downtown East)
County Osceola

Additional Details

AIR Wall/Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES None
AREA 34741 - Kissimmee (Downtown East)
BASEMENT Crawl Space
BUYER'S BROKERAGE COMPENSATION 2
CONSTRUCTION Stucco
HEAT Electric
LOT 9583 sq ft
LOT DESCRIPTION Paved
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION PALM PARK
TAXES 1666
UTILITIES Electricity Connected, Water Connected
WATER Public
ZONING KRPB

Location

 

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Listing provided by Kish Munjal, CENTURY 21 ALL HOMES & PROPERT, 407-343-1300
The information contained herein has been provided by My Florida Regional MLS DBA Stellar MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Listings last updated 4/24/24 1:07 AM PDT.

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