1802 N Alafaya TrailOrlando, FL 32826MLS Number O6139714

  • Price: $4,250,000
  • 229 Days on Market
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Federal 30-year interest rate: 7.1% last updated on Apr 18, 2024
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1802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 328261802 N Alafaya Trail Orlando FL 32826
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  • 1.76Acreage
  • 2005Year Built
  • 11,546Square Feet
Building video link below. Please copy and paste under a new tab. Introducing a highly-profitable and recession-proof business including real estate commercial property offering a unique opportunity to own and operate a thriving CoWorking space, furnished offices rental, and virtual office rentals. This well-maintained property boasts a 100% occupancy rate, guaranteeing a steady cash flow for the discerning investor. The building has been remodeled in 2020 and the co-working space business existed in this building since 2005. New owners and management since 2020. Building is located near Waterford mall, UCF, and east Orlando. Located in a prime location, this property benefits from a high-demand market and a strong reputation within the industry. With a proven track record of success, the CoWorking space and furnished office rentals have established themselves as a preferred choice for professionals and entrepreneurs seeking a flexible working environment. The property features state-of-the-art amenities, including modernized common areas, cutting-edge technology infrastructure, meeting rooms, a fully-equipped kitchen, and ample parking space. The CoWorking space offers a collaborative and vibrant atmosphere that fosters creativity and productivity, while the furnished offices provide a private and professional environment for individuals and teams. In addition, the virtual office rentals cater to those seeking a business address without the need for physical office space. With mail and call handling services, these virtual offices provide a professional image and convenience for remote workers and small businesses. At a over 10% Cap rate, this property presents an exceptional investment opportunity. The current business model is recession-proof, ensuring stability and long-term profitability. With a strong client base and recurring revenue streams, the potential for growth and expansion is significant. Don't miss out on this turnkey solution that offers both passive income and the chance to actively engage in a dynamic and ever-growing industry. Whether you are an experienced investor or a newcomer to commercial real estate, this property represents a sound investment with guaranteed returns. https://youtu.be/70pBTxH3aMY?si=hccE1UR6mvGwfwFC
Listing Courtesy of ORLANDO PRIME REALTY LLC

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Location Information

  • Road Frontage["Access Road"]
  • Road Frontage DescriptionAsphalt

Basic Information

Property

  • Business Type ["Medical", "Professional/Office"]
  • Living Area 11,546
  • ZoningP-O

Interior

  • Flooring Carpet, Laminate

Utilities

  • Cooling Central Air
  • Sewer Public Sewer
  • Utilities Electricity Available, Phone Available, Public, Water Connected
  • Water Source Public

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Other

  • Date Listed09/06/2023
  • Gross Scheduled Income $600,000
  • MFR Annual Income Type Actual
  • MFR Flood Zone Code X
  • Security Features Closed Circuit Camera(s), Key Card Entry, Security System
  • View Count101

Basic Information

  • List Price$4,250,000
  • MLS NumberO6139714
  • Mls Status Active
  • StatusACT

Location

  • Address1802 N Alafaya Trail
  • AreaOrlando/Alafaya
  • Building Number1802
  • CountyOrange
  • StateFL
  • StreetAlafaya
  • SubdivisionMorningside
  • TownOrlando
  • Township 22
  • Zip32826

Property Information

  • Acreage1.76
  • Business Name Space 4 Less
  • Construction Materials Block, Cement Siding
  • Lot DescriptionRetention Pond, Sidewalk
  • Lot Size Square Feet 76,620
  • MFR Adjoining Property Commercial, Hotel/Motel
  • MFR Converted Residence YN No
  • MFR Total Acreage 1 to less than 2
  • Occupant Type Owner
  • Square Feet11,546

Tax Information

  • Tax Year 2022
  • Taxes$32,010

Parking

  • Parking Features Over 30 Spaces

Building

  • Building Area Source Public Records
  • Foundation Details Block, Slab
  • Levels One
  • MFR Ceiling Height 10 to 15 Feet
  • MFR Freezer Space YN No
  • MFR Living Area Meters 1,072
  • MFR Numof Restrooms 2
  • RoofMembrane
  • Stories1
  • Year Built2005

Amenities

  • Appliances IncludedDishwasher, Refrigerator
  • PetsNo
Fusilier Realty Group
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of April 21, 2024 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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