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- LoopNet Team
8421 S Orange Blossom Trl
Orlando, FL 32809
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Situated along Orange Blossom Trail in Orlando, Florida, this retail condo building boasts high visibility: average of 60,700 daily drivers pass by.
- Forecasted growth of 8.15% projected for the surrounding area within a 1-mile radius between 2023 and 2028.
- Spanning 9,000 square feet across two stories, this property provides ample space for businesses to thrive and grow.
EXECUTIVE SUMMARY
Capitalize on this fantastic opportunity to be the owner of a one of a kind retail condo space conveniently positioned on the ultra high visibility Orange Blossom Trail in Booming Orlando. For sale are units 155, 154, 156, 157, 270, 270A, 271. This works for the right investors or is perfect for a business owner and operator looking to open a variety of operations from a Banquet Hall, as it is currently operating with capacity for 600 people, to a day care, convention center, or much more. Enjoy some additional cash flow, so as to offset your debt/operational costs by way of the in-place-tenants, which include a restaurant and church as well as two additional vacant units to be leased. The property offers 9,000 square feet, several bathrooms, outdoor space, 2 levels, and more. The current owner has some pending events scheduled, which would need to be a contingency for the new owner. All of this could be yours at the very competitive price of $177/ square foot, which is on par with recent market comps in inferior condition! Call/Text/Email for additional information and/or a virtual/in person tour. *Please note the property will require some TLC and a buyer/investor with some vision and willingness to execute on a plan and strategy. There is some roof/water damage that needs to be addressed with the association. Restaurant rent: $5625.00 per month, Church rent: $1300.00 per month (MTM) Total monthly Assoc. Fees: $7133.89. Yearly taxes total $17,970.36. Insurance: $3633.00/yearly Utilities: $554.00/yearly Church: tax exempt/ renting approx 8 yrs Restaurant : pays sales tax/maintains equipment's/ renting for 11 yrs No special zoning or license for hall. Parking: Approx 200 parking spaces Capacity: 765 Ceiling height: approx 18ft(lobby)/reception area 8 ft Floor Plans: yes Assoc: No contact is advised City Violation: none that I’m aware of Lawsuit status: to be determined
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Corner Lot
- Restaurant
- Air Conditioning
Listing ID: 31471482
Date on Market: 4/10/2024
Last Updated:
Address: 8421 S Orange Blossom Trl, Orlando, FL 32809
The Sky Lake Retail Property at 8421 S Orange Blossom Trl, Orlando, FL 32809 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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