UPDATED:
05/22/2024 01:06 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Pending
Purchase Type For Sale
Square Footage 11,546 sqft
Price per Sqft $368
Subdivision Morningside
MLS Listing ID O6139714
HOA Y/N No
Originating Board Stellar MLS
Year Built 2005
Annual Tax Amount $32,010
Lot Size 1.760 Acres
Acres 1.76
Property Description
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
Location
State FL
County Orange
Community Morningside
Zoning P-O
Interior
Cooling Central Air
Flooring Carpet, Laminate
Appliance Dishwasher, Refrigerator
Exterior
Garage Over 30 Spaces
Utilities Available Electricity Available, Phone Available, Public, Water Connected
Waterfront false
Roof Type Membrane
Parking Type Over 30 Spaces
Building
Lot Description Retention Pond, Sidewalk
Story 1
Entry Level One
Foundation Block, Slab
Lot Size Range 1 to less than 2
Sewer Public Sewer
Water Public
Structure Type Block,Cement Siding
New Construction false
Others
Pets Allowed No
Ownership Corporation
Acceptable Financing Conventional, USDA Loan
Listing Terms Conventional, USDA Loan
Special Listing Condition None
GET MORE INFORMATION