ORLANDO, FL 32806 705 E MICHIGAN STREET
$559,500



13 more













Presented By: MERDIAN REALTY LLC with 407-230-8093. - 407-230-8093
Home Details
Rare 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.
Presented By: MERDIAN REALTY LLC with 407-230-8093. - 407-230-8093
Interior Features for 705 E MICHIGAN STREET
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
FlooringLuxury Vinyl
Heating Y/NYes
Total Stories1
Window FeaturesInsulated Windows
General for 705 E MICHIGAN STREET
Additional Parcels Y/NNo
AppliancesMicrowave, Refrigerator
Building Area UnitsSquare Feet
Building FeaturesBathrooms, Kitchen Facility, Seating, Waiting Room
CityORLANDO
Construction MaterialsWood Frame
CoolingCentral Air, Zoned
CountyOrange
DirectionsFrom Orange and Michigan head East on Michigan, property is on the left at the intersection of Michigan and Lake Wade Ct - 705 E Michigan St
DockY/NNo
Energy EfficientWater Heater
Facing DirectionSouth
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral, Electric
Legal DescriptionE 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
Listing TermsCash, Conventional
Living Area UnitsSquare Feet
Lot Size Square Feet4668
Lot Size UnitsSquare Feet
MLS Area32806 - Orlando/Delaney Park/Crystal Lake
New ConstructionNo
Occupancy TypeTenant
Other StructuresGarage(s)
OwnershipCorporation
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeOffice
Property TypeCommercial Sale
RoofMetal, Shingle
SewerSeptic Tank
Standard StatusActive
StatusActive
Subdivision NameACREAGE
Tax Annual Amount3485.26
Tax Lot31
Tax Year2025
UtilitiesPublic, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1940
ZoningC-1
Exterior for 705 E MICHIGAN STREET
Building Area Total1420
Foundation DetailsCrawlspace
Lot FeaturesCorner Lot
Lot Size Acres0.11
Lot Size Area4668
Number of Buildings2
Number of Lots1
Number of Separate Electric Meters1
Number of Separate Water Meters1
Parking Features1 to 5 Spaces, Electric Vehicle Charging Station(s)
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Iria Esperanza Ramirez
Realtor®
SQFT • 758