About This Restaurant
Investment Highlights
Entire second floor office is vacant, first floor with short term lease obligations. Convenient access to Interstate 4, Colonial Dr. (SR-50), Mills Ave. (U.S. Hwy. 17/92)and Orange Ave. Situated just blocks from the courthouse in Lake Eola Park with great access to public transit located directly on a bus line Located mid-block with direct frontage on Magnolia Ave & close proximity to heavily trafficked intersection with Robinson St. Average daily traffic count of 33,275 vehicles. Brand new elevator for easy access to the upstairs
Executive Summary
Prime opportunity! Located in the Central Business District of the Downtown Orlando trade area. This property is a 13,911 square foot, retail/office building, built in 1953 and renovated in 2022. Immediately surrounded by abundant, diverse amenities including restaurants, retail, hotels, city parks and entertainment venues. Multiple transit options, including SunRail, just minutes away and located directly on a bus line for easy access to public transit.
Property Details
- Sale Type Investment or Owner User
- Property Type Office Office General Retail Restaurant General Retail Storefront General Retail Storefront Retail/Office Office
- Building Size 13,911
- Building Class C
- Year Built 1953
- Price 3,500,000
- Price Per SF 252
- Percent Leased Vacant
- Tenancy Multiple
- Building Height 2 Stories
- Typical Floor Size 6,956
- Slab To Slab 11?
- Building FAR 1.88
- Land Acres 0.17 AC
Amenities
- Bus Line
- Balcony
Property Taxes
Parcel Number | 29-2226-1712-00-043 | Improvements Assessment | $826,379 |
Land Assessment | $190,829 | Total Assessment | $1,017,208 |
Date Created: | 2024-07-16 04:13:33 | Last Updated: | 2024-07-16 04:13:33 |
Address: | 227 N Magnolia Ave , Orlando, Florida, 32801 |