Cana Legal Arts Bldg 227 N Magnolia Ave

227 N Magnolia Ave , Orlando, Florida, 32801 | 13,911 sq.f | $ 3,500,000

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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