David Ramirez
Retail

Commercial Sale · Retail

$1,615,0004,282 sq ft$377 /sq ft0.56 acres

884 E MICHIGAN STREET, ORLANDO, FL, 32806

Active55 days on marketListed Jun 8, 2026MLS #O6415078

About this property

The property at a glance

*Multiple Income Streams* Prime high-traffic East Michigan Street, plus the sale of the retail store includes 2 single family homes on Keystone Road. The corner lot location is over half-acre. The main building has served as a thrift outlet and can be adapted to numerous retail or service provider configurations and there are 2 standard garages, 3 bathrooms and 4 additional entrances and business or commercial parking spaces. Enhance your annual ROI with tens of thousands in *Passive Rental Income* from the 2 single family residences included in the purchase. Or get really creative by tearing down and re-zoning to 2 50-foot by 140-foot home sites, noting that new zoning has been proposed which would allow heights soaring 2 or 3 stories. *More Passive Income* via stacked billboards also included in this offering. Great location with multiple income stream potential - a unique investment opportunity that will likely not last long. This property is zoned for Blankner and Boone schools. Notice: prospective buyers are not permitted to approach the Seller, management, tenants, or employees directly. All communications, requests for information, and property viewing arrangements must be coordinated through the Listing Broker. Contact us today to schedule your visit.

4,282

Building sq ft

$377

Price / sq ft

0.56

Lot acres

1982

Year built

3

Buildings

C-1

Zoning

Retail

Property type

Building size4,282 sq ft
Lot size0.56 acres
Year built1982
Buildings3
ZoningC-1
ConstructionBlock · Stucco
CoolingCentral Air
UtilitiesElectricity Available · Water Connected
Annual taxes$9,566

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $403,750
Interest rate6.00%
Loan term

Estimated payment

$8,219/mo

Principal & interest$7,262
Property taxes (actual bill)$797
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

31,000vehicles / day · 2025Rio Grande Ave to Cyrstal Lake Dr · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Gringos LocosRestaurant0.2 mi
Mediterranean BlueRestaurant0.2 mi
SoDough SquareRestaurant0.3 mi
Tin and TacoRestaurant0.3 mi
KFCRestaurant0.3 mi
MetroMeds PharmacyBank0.3 mi
TruistBank0.3 mi
RossRetail0.4 mi
Johnny's Fillin' StationRestaurant0.4 mi
Boone High School CafeteriaRestaurant0.4 mi
The Juicy CrabRestaurant0.5 mi
Angel's PharmacyBank0.5 mi
Domino'sRestaurant0.5 mi
Applebee'sRestaurant0.5 mi
CAVARestaurant0.5 mi
Walmart Neighborhood MarketGrocery0.5 mi
PublixBank0.5 mi
Walmart PharmacyBank0.5 mi
Panda ExpressRestaurant0.5 mi
PublixGrocery0.5 mi
PDQRestaurant0.6 mi
StarbucksRestaurant0.6 mi
Fresh KitchenRestaurant0.6 mi
Little Greek Fresh GrillRestaurant0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

2,928

Population

$100,959

Median income

39

Median age

2

Avg household

$400,476

Median home value

$1,670/mo

Median rent

330

Households w/ kids

Consumer profile

Hops & BrewsTop 1%

Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.

AwestruckTop 2%

Great things are meant to be shared, and this population is eager to show others what they find to be amazing, beautiful and exciting.

Deal SeekersTop 4%

These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.

Asian Food & CultureTop 4%

Asian culture has a lot to offer, but the Asian cuisine tends to be the most frequently referenced. This population is talking about Asian dishes, holidays, and drinks.

Fitness ObsessionTop 4%

Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.

Trendy EatsTop 5%

Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.

Recent sales

What actually sold near 884 E MICHIGAN STREET

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

226 N ORANGE BLOSSOM TRAIL

$90,000

226 N ORANGE BLOSSOM TRAIL

3,000 sqft · $30/sqft · Sold Jun 23, 2025

813 E WASHINGTON STREET

$1,000,000

813 E WASHINGTON STREET

3,712 sqft · $269/sqft · Sold Sep 9, 2024

1017 W COLONIAL DRIVE

$32,400

1017 W COLONIAL DRIVE

2,500 sqft · $13/sqft · Sold Jan 1, 2025

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 884 E MICHIGAN STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 884 E MICHIGAN STREET.

See it in person

Schedule a tour

Pick a day that works — this goes straight to David's phone and CRM.

Goes straight to David’s phone and CRM.

Listing courtesy of JR REALTY GROUP LLC · John Vincent. MLS #O6415078.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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