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726 VASSAR ST N Orlando, FL 32804
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Key Details
Sold Price $726,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,258 sqft
Price per Sqft $321
Subdivision College Park Cc Sec
MLS Listing ID O6196431
Sold Date 06/14/24
Construction Status No Contingency
HOA Y/N No
Originating Board Stellar MLS
Year Built 1929
Annual Tax Amount $6,369
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Great potential for an income producing property! This 2,258 sq foot stand-alone College Park bungalow is currently in use as a trendy hair salon. The property not only boasts walkability in this popular, thriving area but has endless business potential. As you enter the central area, you are met with an open and airy space divided by 4 hair care stations, a sitting area, and a bay with sinks to rinse. Down the central hallway there are 3 private and rentable suites, along with a kitchen and laundry room with side entrance. These suites even have extra added ventilation. A separate oversized bonus suite, accessible from the back of property with its own private entrance, has an ensuite and due to the commercial & residential mixed-use zoning, can be transformed into a studio apartment or opened up to the main building to be a 4th interior suite. Estimates for a hairdresser’s chair rental is between $800- $1,000 monthly and the property conveys with 4 ready to go stations (although 6 can easily fit in the space). The rent for the suites is estimated to be even higher than the chair rentals! Parking lot in back has 5 dedicated spots, plus on street parking. The walkability to College Park along with the extensive road frontage and signage will create an optimal environment for business success. Come view today before this one-of-a-kind, desirable property is snatched up!
Location
State FL
County Orange
Community College Park Cc Sec
Zoning AC-1/T/W/S
Direction N
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Flooring Hardwood
Appliance Dryer, Microwave, Washer
Exterior
Parking Features Parking Spaces - 1 to 5
Community Features Sidewalks
Utilities Available Electricity Available, Water Connected
Roof Type Shingle
Building
Lot Description Central Business District
Story 1
Entry Level One
Foundation Crawlspace
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Concrete,HardiPlank Type
New Construction false
Construction Status No Contingency
Others
Ownership Corporation
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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Bought with FANNIE HILLMAN & ASSOCIATES