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145 Ronning Way Longwood, FL 32750

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For Sale
$4,500,000

22,774 SF industrial site with 5 buildings for sale.

Lot size:
2.02 Acres

Property Features for 145 Ronning Way

General Information

Property type
Industrial
Standard status
Active
Lot size
2.02 Acres

Building Details

Year built
2006

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Listing Contact
Mark Allen
Source: Elliman

Listing Agent: Mark Allen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Industrial Investment Site For Sale

This industrial investment site features approximately 22,774 square feet of space, encompassing five buildings. The property includes two 3,000-square-foot buildings, each renting for $2200.00 per month plus sales tax, and two 2,000-square-foot buildings, each renting for $1500.00 per month plus sales tax. All units are individually metered, and tenants are responsible for their own utilities. Currently, all tenants operate under month-to-month leases, providing flexibility for potential rental rate increases or tenant vacancies after closing, allowing buyers to occupy the premises. A minimum of $500,000 down payment is required, with a 25-year amortization and a balloon payment at the end of 5 years at a 7% interest rate. The buyer will be required to provide credit screening and financials for approval.
Location Intelligence

Current Use by Public Records

The Ronning Company Car Dealership

Suggested Use

Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Longwood
County
Seminole
State
Florida
Longitude
-81.3566718
Latitude
28.6967225

FAQs

What type of property is this?
Industrial property - 22,774 SF industrial site with 5 buildings for sale.
Where is this industrial property located?
The property is located at 145 Ronning Way Longwood, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: - Existing income stream from 5 buildings with tenants.; - Potential to increase rental rates.; - Flexibility to occupy buildings after closing.
More about this property
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