38
See all 38 photos
$1,250,000
Est. payment /mo
10,623 SqFt
Active
2563 PARK DRIVE Sanford, FL 32773
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UPDATED:
08/28/2024 09:01 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 10,623 sqft
Price per Sqft $117
Subdivision 504
MLS Listing ID O6236279
HOA Y/N No
Originating Board Stellar MLS
Year Built 1957
Annual Tax Amount $8,845
Lot Size 0.720 Acres
Acres 0.72
Property Description
Discover an exceptional investment opportunity in the heart of Sanford, Florida. This well-positioned retail center offers a compelling blend of steady income and significant upside potential, making it an ideal addition to any savvy investor's portfolio. This retail center represents a rare find in today's market - a stabilized asset with clear pathways to value appreciation. The current below-market rents provide an immediate opportunity to boost returns as leases roll over within the next year. Savvy investors will recognize the potential to not only secure a reliable income stream but also to significantly increase the property's value through proactive management and strategic upgrades. The strong Sanford location ensures continued demand for retail space.
Location
State FL
County Seminole
Community 504
Zoning GC2
Interior
Cooling Wall/Window Unit(s)
Exterior
Roof Type Built-Up
Building
Foundation Block, Slab
Lot Size Range 1/2 to less than 1
Structure Type Concrete,Wood Siding
New Construction false
Others
Ownership Corporation
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by PREMIUM PROPERTIES R.E. SERVICE