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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

Property Type Retail
Property Subtype Storefront Retail/Office
Building Class C
Lot Size 7.41 AC
Gross Leasable Area 35,617 SF
No. Stories 2
Year Built 1972
Parking Ratio 5.62/1,000 SF
APN / Parcel ID
34-2329-0108-01-261
  • 34-2329-0108-01-268
  • 34-2329-0108-02-120
  • 34-2329-0108-03-309
  • 34-2329-0108-03-406
Zoning C-1

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

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