1226 Michigan AveWinter Park, FL 32789
- Retail properties
- 7,744 SF
Property Details for 1226 Michigan Ave
- Year built
- 1947
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 7,744 SF
- Zone code
- C-3
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 12-22-29-5424-00-010
- APU
- 122229542400010
Description
This exceptional Class A retail property, Michigan Corners, is located at 1226 Michigan Ave in Winter Park, Florida, within Orange County (zip code 32789). The single-story building comprises 6,650 square feet and features five suites, offering flexible space options for various retail or restaurant businesses. Units range from a minimum of 1,000 square feet to a maximum contiguous space of 6,650 square feet, providing adaptability for diverse tenant needs. The property boasts a prime location with direct frontage on Orlando Avenue (17-92), ensuring high visibility and accessibility for customers. Ample parking is available, catering to the convenience of both tenants and patrons. This location benefits from the strong demographics of the Winter Park area, presenting a unique opportunity for businesses seeking to establish a presence in a thriving Central Florida market. The property's classification as Class A signifies its high-quality construction and modern amenities. This is a rare opportunity to lease space in a highly desirable Winter Park location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,761,550
- 6.5%
- $1,626,047
- 7%
- $1,509,900
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,483,832
- Geo Method
- $3,064,422
-
Alternative Use
- Use
- Valuation
- Residential
- $1,371,631
- Hospitality
- $1,256,407
- Educational
- $1,045,316
- Medical
- $1,081,266
- Retail
- $1,626,047
Location Insight
- City
- Winter Park
- County
- Orange
- State
- Florida
- Latitude
- 28.5884
- Longitude
- -81.3653
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].