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Spa & Wellness Property
For Sale
$549,000

705 E MICHIGAN STREET, Orlando, FL 32806

The property includes C-1 zoning, central air, and an electric vehicle charging station.

Property Size1,420 SF
Price / SF$724.27
Days on Market173

Property Features for 705 E MICHIGAN STREET

General Information

Standard status Active
Size 1,420 SF
Zoning C-1
Net Operating Income $45,251

Taxes and HOA fees

Annual Taxes $3,485

Amenities

Bathrooms, Kitchen Facility, Seating, Waiting Room
Central Air, Zoned
Central, Electric
Crawl Space
Microwave, Refrigerator
Electric Vehicle Charging Station(s)

Building Details

Building Size 1,420 SF
Year Built 1940
Stories 1
Listing Agency: MERDIAN REALTY LLC
Listed By: Matt Merdian · License #3271956
Source: Evrealestate
Added: Mar 12 Changed: Aug 31 Last Checked: Aug 31 at 12:51PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MERDIAN REALTY LLC

Investment Insights

Based on property information with market context.

This spa and wellness property at 705 E Michigan Street includes central air with zoned controls, central electric service, a crawl space, microwave, and refrigerator. An electric vehicle charging station is also part of the property’s exterior features. The building dates to 1940 and carries C-1 zoning. It is positioned at the intersection of Michigan Street and Lake Wade Court in Orlando, with access from Michigan Street.

Key Highlights

  • C‑1 zoning
  • 758 property size
  • Built in 1940

Property Analytics

Current Use

Ronald Sliding Doors General Contractor Solé Skin Studio Spa & Massage Center Lashes Brows Perfection Medical Clinic Sea Glass Med ... Spa & Massage Center Luminous Skins by ... Hair Salon

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Catering Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,837
Businesses Nearby
196k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 46% Shops & Services 21% Dining 15% Apparel 13%
Publix Groceries
46,997 visits/mo 0.4 miles
Walmart Neighborhood Market Groceries
42,581 visits/mo 0.5 miles
Ross Dress for Less Apparel
23,004 visits/mo 0.4 miles
Circle K Shops & Services
15,283 visits/mo 0.4 miles
Applebee's Dining
10,957 visits/mo 0.5 miles

Demographics for 32806, FL

26,582
Population
12,529
Households
2.1
Avg Household Size
40
Median Age
55%
College-Educated
95%
High-School Grad
6.8 sq mi
ZIP Area
3,909
Density / Sq Mi
$86,653
Median Household Income
$54,012
Median Earnings
$1,500
Median Rent
$415,800
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dulcineah Tsambiras 2871 Delaney Ave, Orlando, FL 328065412
  • Act Now Wellness Center 2750 Taylor Ave a, Orlando, FL 32806
  • The Natural Wellness Center 235 E Michigan St, Orlando, FL 32806
  • Lindsay Hood 415 E Michigan St, Orlando, FL 32806
  • Candace Montoya 415 E Michigan St, Orlando, FL 32806

Frequently Asked Questions

What type of property is this?
Spa & wellness property - The property includes C-1 zoning, central air, and an electric vehicle charging station.
Where is this spa & wellness property located?
The property is located at 705 E MICHIGAN STREET Orlando, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: C‑1 zoning; 758 property size; Built in 1940
More about this property
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