About 407 Lake Howell Road
Price reduced from $1,600,000! This well-maintained commercial building is currently operating as a professional office suite property, featuring 24 individual suites with strong month-to-month tenancy. The property offers approximately 29 parking spaces and is thoughtfully designed with three welcoming, fully furnished lobby areas, a shared kitchen, five restrooms, and a dedicated conference room. The building was renovated in 2010 with a roof replacement in 2016. Consistently occupied, the building is home to a stable base of long-term professional tenants, making it an attractive opportunity for investors seeking reliable income and ease of management. With many possible uses, this property presents an outstanding opportunity for an absentee owner looking for a solid investment. Situated in the City of Casselberry with a Maitland address, just two blocks from Hwy 436. The property is surrounded by established medical and professional offices, making it ideal for a variety of business uses. Don’t miss this exceptional investment opportunity in a prime location. Whether you’re expanding your portfolio, seeking a stable, income-producing property, or looking to utilize for your personal office, this building checks all the boxes. Schedule your private tour today, request the full financial package, and see firsthand the value and potential this property has to offer. Opportunities like this don’t last—secure your investment now. - 1031 Friendly - Seller may carry a short term first mortgage. The current leases are on a month-to-month basis, and some office spaces are currently rented below market value, providing flexibility to adjust rental rates or utilize the space to suit your needs.
Features of 407 Lake Howell Road
| MLS® # | O6401714 |
|---|---|
| Price | $1,195,000 |
| Square Footage | 6,117 |
| Acres | 0.58 |
| Year Built | 1959 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Listing Details
| Office | RE/MAX ASSURED |
|---|
Listing Map
Neighborhood Information for 407 Lake Howell Road
Stable Population, Moderate Residential Turnover
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
The Jewish Experience Hebrew School Private - 2Nd Grade to 4Th Grade - Closest Elementry School |
1 Miles | |
|
|
Lake Forrest Preparatory School Private - Preschool to 8Th Grade - Closest Middle School |
1 Miles | |
|
Maitland Middle School Public - 6Th Grade to 8Th Grade |
1 Miles | |
|
|
The Geneva School Private - Preschool to 12Th Grade - Closest High School |
1 Miles | |
|
|
Lighthouse Baptist Academy Private - Kindergarten to 12Th Grade |
2 Miles | |
|
Lakemont Elementary School Public - Kindergarten to 5Th Grade |
2 Miles | |
|
|
Walden Community School Private - Kindergarten to 8Th Grade |
2 Miles |
School data provided by GreatSchools