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Established Auto Dealership, 0.61 Acre, SR434 2590 W State Road 434 960 SF Retail Building Longwood, FL 32779 $1,231,180 CAD ($1,282.48 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Very High Traffic Counts - 60,000 AADT Plus
  • Over 150 Feet of Frontage of West State Road 434
  • Re-Development Opportunity With Many Options Such as Medial Office
  • 2 Easy Ingress & Egress for Both East and West Bound Traffic

EXECUTIVE SUMMARY

JOHN SADRI & COMPANY is proud to present another exceptional offering. SELLER FINANCING MAY BE AVAILABLE FOR QUALIFIED BUYERS. Situated in the heart of Wekiva Springs business district, this unique 0.63 Acre property with C-2 zoning offers a wide range of opportunities in addition to being a prime location for automotive sales. This property boasts ingress and egress points and has over 150 feet of frontage on the major thoroughfare of West State Road 434. Westbound traffic on SR 434 is also able to safely turn left directly onto property without the need for a U-turn. This property is conveniently located near the upscale and densely populated neighborhoods of Longwood, Altamonte Springs, Markham Woods Road, Heathrow, and Lake Mary. The location also boasts traffic counts topping 60,000 AADT. Magic Imports, an award-winning pre-owned vehicle dealership, has been in business for over 30 years and in this location for nearly 20 years. The building is equipped with 4 vehicle repair bays and one hydraulic lift. Future redevelopment possibilities include medical office, professional office, showroom, veterinarian, and daycare, among a long list of options. There may or may not be soil contamination on the property, buyers need to do their own environmental studies. Reports are available upon request.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
960 SF
Building Class
C
Year Built
1961
Price
$1,231,180 CAD
Price Per SF
$1,282.48 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.63 AC
Zoning
C-2, County - General Commercial
Parking
85 Spaces (88.54 Spaces per 1,000 SF Leased)
Frontage
90’ on Midway Dr

AMENITIES

  • Bus Line

ABOUT 2590 W STATE ROAD 434 , LONGWOOD, FL 32779

Located about a mile West of I-4 in Wekiva Springs area in Longwood about 2 miles from the major 434 & 436 intersection. Average Household Income is $81,262 within 3 miles radius and Average Age Distribution is 40.7.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Magic Imports, Inc.
  • -
  • 960 SF
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Magic Imports, Inc. - 960 SF - -

NEARBY MAJOR RETAILERS

La Fitness
Regions Bank
keke's breakfast cafe
Hurricane Grill & Wings
First Watch
Publix
Seacoast Bank
TD Bank
Bank of America
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-21-29-505-0X00-0140
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$590,537 CAD
  • Listing ID: 17264570

  • Date on Market: 2019-09-21

  • Last Updated:

  • Address: 2590 W State Road 434, Longwood, FL 32779

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