ORANGE CITY, FL 32763 143 E MICHIGAN AVENUE
$650,000



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Presented By: BETTER HMS & GARDENS RE SYNERG with 386-338-3939. -
Home Details
*Prime Investment Opportunity: Auto Mechanic Shop with Residential Rental Income** Unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. Located in a high-visibility area, this property offers a unique combination of income streams and flexibility for future growth. **Key Features:** - **Six-Bay Auto Mechanic Shop:** This spacious and fully equipped auto shop is ready for immediate use. The facility includes: - **Six car lifts** for handling a variety of vehicles - **Air compressor** for pneumatic tools - **Tire changer** to meet all tire service needs - **Waste coolant tank** for environmental compliance - Dedicated **storage space** for tools, parts, and supplies Whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. Note: the sale does not include the existing business currently operating in the space. - **Single-Family Residential Unit:** A fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. Thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates. **Leasing Information:** Both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired. **Highlights:** - High-traffic location with excellent visibility and accessibility - Ample parking space for customers and tenants - Well-maintained building and facilities - Separate utility meters for ease of management - Strong potential for steady cash flow from both commercial and residential units Whether you’re an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. With a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don’t want to miss.
Note: This listing is being sold together with FC 305774, APN: 17-30-33-04-00-0770, for a total purchase price of $650,000.00.
Presented By: BETTER HMS & GARDENS RE SYNERG with 386-338-3939. -
Interior Features for 143 E MICHIGAN AVENUE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcepublic records
Air Conditioning Y/NYes
Flooringconcrete, luxury vinyl
General for 143 E MICHIGAN AVENUE
Additional Parcels Description17-30-33-04-00-0770
Additional Parcels Y/NYes
Building Area Unitssquare feet
Building Featuresbathrooms, fencing, high bays, other
Cityorange city
Construction Materialsmetal frame, metal siding
Coolinga/c - office only
Countyvolusia
Directionsfrom i4, take 472 east, left on 17-92 and left onto e michigan ave
DockY/NNo
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Description33-17-30 lots 74 to 76 inc volusia gardens mb 7 pg 104 per o
r 4094 pg 3263 per or 8093 pg 3275
Levelsone
Listing Termscash, conventional
Living Area Unitssquare feet
Lot Size Square Feet18750
Lot Size Unitssquare feet
MLS Area32763 - orange city
ModificationTimestamp2024-12-17t18:33:42.230z
New ConstructionNo
Other Structuresgarage(s), other, workshop
Ownershipsole proprietor
Possessionnegotiable
Property Conditioncompleted
Property Subtypeindustrial
Property Typecommercial sale
Sewerseptic tank
Standard Statusactive
Statusactive
Subdivision Namevolusia gardens
Tax Annual Amount973.43
Tax Lot77
Tax Year2024
Utilitiespublic
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Waterfront Y/NNo
Year Built1952
Zoning01b4
Exterior for 143 E MICHIGAN AVENUE
Building Area Total2312
Foundation Detailsslab
Lot Size Acres0.43
Lot Size Area18750
Number of Buildings2
Number of Lots2
Parking Features6 to 12 spaces
Road Frontage Typecity street
Road Surface Typepaved
Water Sourcepublic
Additional Details
Price History

Siuri Yustiz
Realtor®