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Listed price in listed location currency (USD).
$589,900

000

MLS® O6390393

  • Key Facts
  • Description
  • Map

Key Facts

Type Office
Levels Commercial Sale
Size 758 sqft
Garage 
Taxes $3,485
Days Active 34
Lot Size 
Approx. Age 1940
Avg. Price Per Sqft $778
MLS® Number O6390393

Property Address: 705 E Michigan St, ORLANDO, FL, 32806-4623

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberO6390393
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1940
Basement
DrivewayParking Spaces - 1 to 5, Electric Vehicle Charging Station(s)
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 13, 2026List Date
$589,900List Price
  • Commute

Commute

Starting Address
Destination Address
705 E Michigan St, Orlando, FL

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