705 Michigan Street
Brokerage Office: 863-676-0200
705 Michigan Street, ORLANDO, FL 32806



- MLS#: O6390393 ( Commercial Sale )
- Street Address: 705 Michigan Street
- Viewed: 7
- Price: $579,000
- Price sqft: $408
- Waterfront: No
- Year Built: 1940
- Bldg sqft: 1420
- Days On Market: 47
- Additional Information
- Geolocation: 28.5133 / -81.3677
- County: ORANGE
- City: ORLANDO
- Zipcode: 32806
- Provided by: MERDIAN REALTY LLC
- Contact: Matt Merdian
- 407-230-8093

- DMCA Notice
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DescriptionRare opportunity to own a fully stabilized, income producing commercial property with direct frontage on Michigan Avenue one of Orlando's highest traffic corridors averaging over 24,000 vehicles per day. Exceptional visibility with prominent signage for owner or tenants. This beautifully converted property was completely transformed from residential to commercial use and gut renovated in 2023, including a new roof, windows, kitchen, flooring, lighting, tankless water heater, vanities, granite countertops, and appliances. Truly turn key with no near term capital expenditure concerns. Currently home to an established cluster of women's wellness and beauty professionals including licensed estheticians creating a natural referral ecosystem among tenants. Four tenants in place generating approximately $4,700/month in gross revenue with a cap rate approaching 8% after expenses. Ideal for the investor seeking immediate cash flow, or an owner occupant in the wellness or beauty industry looking to occupy one suite while collecting rent from the others. Located in the heart of SODO with immediate access to I 4 and SR 408.
Property Location and Similar Properties
Property Features
Appliances
- Microwave
- Refrigerator
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- Central Air
- Zoned
Country
- US
Covered Spaces
- 0.00
Flooring
- Luxury Vinyl
Garage Spaces
- 0.00
Green Energy Efficient
- Water Heater
Heating
- Central
- Electric
Insurance Expense
- 0.00
Legal Description
- E 50 FT OF W 150 FT OF S 150 FT OF NW1/4OF SE1/4 (LESS ST RD R/W) OF SEC 01-23-29
Living Area
- 758.00
Lot Features
- Corner Lot
Area Major
- 32806 - Orlando/Delaney Park/Crystal Lake
Net Operating Income
- 45251.00
Occupant Type
- Tenant
Open Parking Spaces
- 0.00
Other Expense
- 0.00
Other Structures
- Garage(s)
Parcel Number
- 01-23-29-0000-00-031
Parking Features
- Parking Spaces - 1 to 5
- Electric Vehicle Charging Station(s)
Possession
- Close Of Escrow
Property Condition
- Completed
Property Type
- Commercial Sale
Road Frontage Type
- City Street
Roof
- Metal
- Shingle
Sewer
- Septic Tank
Tax Year
- 2025
Township
- 23
Utilities
- Public
- Water Connected
Virtual Tour Url
- https://www.propertypanorama.com/instaview/stellar/O6390393
Water Source
- Public
Year Built
- 1940
Zoning Code
- C-1
- Legacy Real Estate Center Inc
- Dedicated to You! Dedicated to Results!
- 863.676.0200
- dolores@legacyrealestatecenter.com



















