Listing Courtesy of: Jeanette Parker - BETTER HMS & GARDENS RE SYNERG 386-338-3939

143 E Michigan Avenue Orange City, FL 32763

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Industrial Residence
Beds
Baths
2,312 Sq. Ft.
0.43 Acre Lot

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Last updated on 12/24/2024 9:26 PM
*Prime Investment Opportunity: Auto Mechanic Shop with Residential Rental Income** Unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. Located in a high-visibility area, this property offers a unique combination of income... streams and flexibility for future growth. **Key Features:** - **Six-Bay Auto Mechanic Shop:** This spacious and fully equipped auto shop is ready for immediate use. The facility includes: - **Six car lifts** for handling a variety of vehicles - **Air compressor** for pneumatic tools - **Tire changer** to meet all tire service needs - **Waste coolant tank** for environmental compliance - Dedicated **storage space** for tools, parts, and supplies Whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. Note: the sale does not include the existing business currently operating in the space. - **Single-Family Residential Unit:** A fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. Thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates. **Leasing Information:** Both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired. **Highlights:** - High-traffic location with excellent visibility and accessibility - Ample parking space for customers and tenants - Well-maintained building and facilities - Separate utility meters for ease of management - Strong potential for steady cash flow from both commercial and residential units Whether you’re an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. With a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don’t want to miss. Note: This listing is being sold together with FC 305774, APN: 17-30-33-04-00-0770, for a total purchase price of $650,000.00. Continue reading
MLS#
FC305779
Property Type
Industrial
Year Built
1952
Square Feet
2,312 sq. ft
Lot Size
0.43
Stories
1.0
Sewer
Holding Tank

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Listing Courtesy of: Jeanette Parker - BETTER HMS & GARDENS RE SYNERG 386-338-3939
Andrea Conner, License #BK3437731, Xome Inc., License #1043756, [email protected], 844-400-9663, 750 State Hwy 121 Bypass, Suite 100, Lewisville, TX 75067


Listings courtesy of Stellar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/25/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2024, My Florida Regional MLS DBA Stellar MLS.
This content last refreshed on 12/24/2024 9:26 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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