2550 E Irlo Bronson Memorial Hwy #h, Kissimmee, Florida 34744

  • $4,000,000
  • $3,400,000

Description

>>>> PRICE REDUCED!!! Owner wants offers and is motivated!!! <<<< The property is situated in a PRIME LOCATION, making it attractive for various business opportunities due to its accessibility and visibility. Located directly on E Irlo Bronson Memorial Highway and less than a 1/2 mile from the Florida Turnpike, the subject property is readily accessible to various local, county, state and interstate highways. Highway 17-92, highway 441, Florida Turnpike, Interstate 4 all pass within several miles of the site and serve as major communication and intra-regional transport routes linking Orlando, Kissimmee, St. Cloud, Melbourne, Tampa and Miami. This area continues to be developed and redeveloped, and the possibilities are promising. Currently there are 8 separate structures that include a single-story motel with 15 1st Floor units and 3 2nd Floor Units; several stand-alone apartments; and mobile homes, for a total of 40 RENTAL UNITS. The income is good, with the hotel/motel and additional rental units, and has a great upside potential, but the real value in this property is in the land. The income producing part of this property lies on the front 1 acre while the 1+ acre in the rear remains vacant just waiting to be developed. With a mix of residential and commercial opportunities, it is a versatile area for living, investment or redevelopment. This property presents a significant investment opportunity in a growing area of Kissimmee, Florida. Per the owner, "$30, 000 Monthly Gross with $10, 000 Monthly Overhead"

Details

  • Property ID O6300482
  • Price $4,000,000
  • Property Size 11496 Sqft
  • Land Area 2.02 Acres
  • Year Built 1955
  • Property Type Hotel/Motel, Commercial Sale
  • Property Status Expired

Additional details

  • Listing Terms Cash, Conventional, FHA
  • Roof Shingle
  • Utilities Water Connected
  • Sewer Septic Tank
  • Cooling Wall/Window Unit(s)
  • County Osceola
  • Property Type Commercial Sale
  • Parking Parking Spaces - 19 to 30
  • Address: 2550 E IRLO BRONSON MEMORIAL HIGHWAY
  • City: Kissimmee
  • State/county: FL
  • Zip/Postal Code: 34744
  • Area: ACREAGE & UNREC
  • Country: US

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