$550,000

1207 N Lakewood Avenue

OCOEE FL, 34761

Description

Well Established family owned Quality Auto Sales with successful tract records for over 30 years of business operations located in the heart of the city of Ocoee with 200 feet of frontage, The owner is retiring so the property and sales include 2 fully rented residential properties for dual income, the inventory is available but not included with this offer. The back of the property is fenced in with a workshop, ample space for additional vehicles, spare parts and covered outdoor space for minor repairs and auto maintenance. Although, this property is currently used as a car dealership, it could be converted or rezone for a variety of other uses including, professional office, retail and residential homes. The North Lakewood Ave., area will soon experience one of the largest economic growth in Ocoee, on June 18, 2019 the city Commission approved the North Ocoee Development Project which includes; 196 townhomes, 316 apartments, a 120 room hotel and 150,000 square feet of retail. The combined properties are approximately 1.2 acres. The seller is motivated, contact the listing agent direct for additional information, financials and to schedule a preview on the properties.

Details

MLS#O5819440
StyleIndustrial
Sub-TypeResale
StatusActive
Year1961
Days On Site52

Features

SQ Feet1,241
Story(s)1
Units3
ZoningC-1

Market Activity 34761

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Area Information

StateFL
CountyOrange
CityOCOEE
Zip Code34761
Area34761 - Ocoee
Listing VS Median (in 34761)
Price:
$550,000
low | high
Med:
$287,000
97.818181818182% of Average
SqFt:
1,241
low | high
Med:
2,133
21.87751813054% of Average
$ / SqFt:
$443
low | high
Med:
$136
100% of Average
On Site:
52
low | high
Med:
103.500000
50.24154589372% of Average
Listing Updated: 12/07/2019
MLS Number: O5819440
Listing Provided By:
Lou Forges  of  ROBINSON FORGES REALTY INT

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