$368.09 Per Sq Foot $22,815 est/mo Sourced by Back At You

1802 N Alafaya Trl,ORLANDO, FL 32826

ORLANDO FL, 32826

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Description

Under contract-accepting backup offers. 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

Details

MLS#O6139714
Listing TypeFor Sale
StyleOffice Building
Building NameSpace 4 Less
Sub-TypeFor-sale
StatusPending
Year2005
Days On Site313
Listing Provided ByORLANDO PRIME REALTY LLC | Wahid Oumedlouz
Buying Commision2%

Features

SQ Feet11,546
Story(s)1
ZoningP-O
Acreage1.76

Market Activity 32826

 Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of July 15, 2024 at 1:49:49 PM PDT 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

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Learn More About This Property

StateFL
CountyOrange
CityORLANDO
Zip Code32826
Area32826 Orlando | Alafaya
Community NameMORNINGSIDE
Listing VS Median (in MORNINGSIDE)
Price:
$4,250,000
low | high
Med:
$334,950
100% of Average
SqFt:
11,546
low | high
Med:
1,646
100% of Average
$ / SqFt:
$368
low | high
Med:
$204
94.615145135597% of Average
On Site:
313
low | high
Med:
69.000000
100% of Average
Sourced by Back At You
Listing Updated: May 26, 2024 at 1:21:26 PM PDT