725 W Central Blvd
Orlando, FL 32805
Land @ 725 W Central-Redevelopment · Land For Sale · 2.00 AC

As of August 2019, there will be approximately 12,171 SF of Warehouse and 8,120 SF of office that will be available for lease in Building I. Due to the potential sale of this property, all new leases will have a clause that allows a new owner to terminate the lease with a 6 month notice in the event the property sells. This will allow a new owner to redevelop the property into either a hybrid of conventional/affordable apartments, student housing, neighborhood grocery store, and or a boutique hotel (with the max density allowed of 200 units per acre). The Site is positioned only minutes from major roadways, including Interstate 4, SR 408, 441 and the Florida Turnpike. Nearby points of interest are summarized on the Location page. There are two adjoining warehouse buildings on the site; Building 1 is located at 725 West Central Blvd and was built in 1963. It has a 2 story 8,120 SF air-conditioned office. Downstairs is leased to a non profit computer repair company and the upstairs is not in rentable condition since it needs flooring, ceiling, lighting and restrooms upgraded/repaired. The remainder of the space is separated into 2 bays with a load bearing block wall separating the larger contiguous space with the smaller 8,000 SF (40FT X 200FT) space on the East side of the building. The larger bay is a L shaped configuration with 15,171 SF and wraps around the 2-story office. The total SF in Building 1 is 8,120 SF Office and 23,171 SF Warehouse totaling 31,291 total SF. The entire building is available to rent and the existing space occupied by Orlando City Soccer has a cancellation clause in the event the building sells or someone needs to rent the entire building. The building is sprinklered and the ceiling height is approximately 18 ft. to the bottom of the I Beams with a clear height of approximately 17 ft. (Due to the existing Light Fixtures). The 8,000 SF bay is currently leased by Lime Bike who has a One (1) year lease with up to 4 one-year renewals. The 2-story office structure in the 8,000 SF Space is 16 X 40 ft has 4 offices on 1st floor and an office and conference room on second floor. The second floor is accessed from the metal stairs and a handicapped lift station. Building 2 was built in 1973 and is located at 724 West Washington Street. This building totals 20,022 SF and is currently occupied by Auto Plus. The Auto Plus lease expires May 31st, 2020. The owner reserves the right to lease the Washington parking lot after business hours and weekends. The current lease includes a cancellation clause in the event the building sells (or a user needs to lease the entire building). Building 2 is sprinklered and has 2 dock high, 3 half dock and one ramp door. All six roll up doors are 9ft W X 9ft H. Site Description: The total site is 2.0 acres (141.81’ X 616’) and runs between Central Blvd to the South to Washington on the North. The 2-acre site is zoned AC-2/T/PH (North 103’ is Zone AC-2/T/SP/PH). The future land use is U-AC which allows up to 100 units per acre. The AC-2 Urban Activity Center District is intended to provide for concentrated areas of residential, commercial, office, industrial, recreational and cultural facilities serving major sub regions of the Orlando urban area, and at intensities significantly higher than in surrounding neighborhoods. Although some Urban Activity Centers may be composed of a single type of use, a mixture of land uses is specifically encouraged. These activity centers are intended for locations where arterials and four lane collectors and mass transit service are available, providing access between metropolitan sub regions and complementing the primary arterial transportation system.