60 E 5TH STREET, Apopka, FL 32703
Multi- tenant Retail plaza with fully occupied income-producing property having approximately 22717 square feet. Ample parking is available on-property along with additional city parking across from the plaza to satisfy the very busy restaurants and shopping clientele. Very busy location on one block off US HWY 441. This property is across the street from Apopka City City Hall. This property is fully occupied with various retail shops including a furniture store, cigar shop, restaurant and bar, Pizza parlor, and Spanish grocery store with café. Lots of opportunities for investors to do the business. This plaza is in the heart of Apopka ,Florida which is one of the fastest-growing cities in the state. This plaza is minutes from major highways and has very easy excess to the public. Same owner for over 15 years. Please click video tour to enjoy the drone walk-through. Seller currently occupies 7200 sq. feet for their furniture store will be vacating prior to closing. Bring the any kind of the offer & seller is motivated to sell.
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Competition is low in 32703, with homes selling 5% below asking price over the last three months.
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Based on historical data, this property is at risk of experiencing earthquakes with peak ground acceleration of up to 0.01g, which would produce very weak shaking and no structural damage.
This home is in flood zone X which is low risk. Flood insurance is available for properties in this zone, but is not required.
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