28.739992 -81.36432

115 COMMERCE STREET Lake Mary, FL 32746

306472945 28.739992 -81.36432 2 /listing/306472945-150014312/115-commerce-street-lake-mary-fl-32746 False 0 2100000.0 12000 101 O5984144 False
  • $2,100,000
  • 12,000 sqft
  • x lot
  • Est payment $11273.25/mo

Property & Neighborhood Info

Courtesy Of EXP REALTY LLC

Commercial in LAKE MARY

CURRENTLY AVAILABLE - Check out the 3D Walkthrough & Video Tour Links! - Alpha Equity is pleased to present 115 Commerce St, a 12,000 SF Multi-Tenant Industrial / Flex Investment Property at the very end of Lake Mary Commerce Park. The property is split 6000 SF per side. 115A is leased until 2026 with annual escalations & personal guarantee. 115B can be provided at closing with a 6 year personal guaranteed lease. Taking the property as strictly INVESTMENT would provide for a blended 7.13% cap rate and 5+ year weighted average remaining term. Alternatively, 115B can be provided VACANT with an owner occupant taking advantage of a long term income producing tenancy next door that covers more than 70% of the total carrying cost of the purchase. 115 Commerce is part a 3 building cul-de-sac, backing up to county owned retention between it and Skyline Dr. The stand alone building features 25'-23' clear ceiling height with four 12'6' overhead doors & one 10'6" rollup door. In the heart of Lake Mary, less than half a mile from the Home Depot & Dunkin Donuts Plaza on Primera Blvd & Lake Mary Blvd, and less than two minutes from the new Top Golf on Lake Emma. Ideally situated with easy access to Lake Mary Blvd, Lake Emma & Ronald Reagan, 2 minutes from I-4, 5 minutes from SR-417 and adjacent to public transportation. Schedule your private tour today. 115B Also available for lease, see lease listing for pricing details.

Courtesy Of EXP REALTY LLC
  1. 12,000 Sq. Ft.
  2. x Lot

Main Features

  • Listing Status: Active
  • Year Built: 1987
  • County: Seminole
  • Taxes: $9,240.26
  • Tax Year: 2021
  • Zoning: M-1A
  • Subdivision: Lake Mary Commerce Center
  • MLS Number:O5984144

Additional Features

  • Ceiling Height:
    • 23 + Feet
  • Ceiling Type:
    • Acoustical
  • Cooling:
    • Central Air
  • Flooring:
    • Carpet
    • Engineered Hardwood
    • Other
    • Reclaimed Wood
    • Tile
    • Vinyl
  • Building Area Source:
    • Public Records
  • Construction:
    • Stucco
  • Levels:
    • Multi/Split
  • Property Subtype:
    • Industrial
  • Roof:
    • Metal
  • Water Source:
    • Public
  • Foundation:
    • Slab
  • Condition:
    • Completed
  • Acreage Range:
    • 2 to less than 5
  • Flood Zone:
    • X
  • Frontage:
    • 0
  • Lot Features:
    • Central Business District
  • Vegetation:
    • Mature Landscaping
  • Parking:
    • 13 to 18 Spaces
    • 6 to 12 Spaces
    • Over 30 Spaces
  • Electric:
    • Other
  • Heating:
    • Central Building
  • Sewer:
    • Public Sewer
  • Utilities:
    • Electricity Available
    • Public
  • Security Features:
    • Security Gate
  • Number of Buildings:
    • 3
  • Road Frontage:
    • Turn Lanes
  • Township:
    • 20
  • Legal Description:
    • LEG LOT 4 LAKE MARY COMMERCE CENTER PB 31 PGS 74 & 75
  • Terms:
    • Lease Back
    • Lease Option
  • CDOM:
    • 19
  • Building Expenses:
    • 12000.00
  • Gross Scheduled Income:
    • 0
  • Listing URL:
    • https://www.state27homes.com/search/listing/O5984144
  • Lot Size Acres:
    • 2.16
  • Lot Size Square Feet:
    • 94089
  • Office URL:
    • https://www.recfl.com
  • Parcel Number:
    • 19-20-30-5HL-0000-0040
  • Tax Block:
    • 0000
  • Virtual Tour URL branded:
    • https://my.matterport.com/show/?m=GxWNwkkM8ej&brand=0
  • Virtual Tour URL Unbranded 2:
    • https://vimeo.com/451949391
  • Lot Size Dim:
    • x
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Mike Rance
Mike Rance
Realtor
954 S Orlando Ave Winter Park FL 32789
Request More Info
28.739992 -81.36432

115 COMMERCE STREET Lake Mary, FL 32746

306472945 28.739992 -81.36432 2 /listing/306472945-150014312/115-commerce-street-lake-mary-fl-32746 False 0 2100000.0 12000 101 O5984144 False
  • $2,100,000
  • 12,000 sqft
  • x lot
  • Est payment $11273.25/mo