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860 N Orange Ave - Park North at Cheney Place 1,575 SF Office Condo Unit Offered at $670,000 in Orlando, FL 32801
INVESTMENT HIGHLIGHTS
- 2nd-gen law office condo
- Seller open to short-term leaseback
- 9 total dedicated parking spaces
EXECUTIVE SUMMARY
2nd-gen law office condo offering 6 private offices, conference room, lobby area, and kitchenette Includes 7 deeded parking spaces, plus exclusive use of 2 spots directly in front of the unit’s entrance Monthly condo association fees include utilities, maintenance, and shared restrooms, community conference room and additional amenities Power, water, and trash removal are covered by the condo association, reducing out-of-pocket operating expenses Located within a Community Redevelopment Area (CRA), making the property eligible for a variety of city-sponsored business incentives and improvement programs Situated 1 block from East Colonial Drive (SR 50), 2 minutes (0.4 miles) from the I-4 on-ramp, and 4 minutes (1.3 miles) to State Road 408 Seller open to short-term leaseback providing immediate cash flow and operational continuity
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Total Building Size | 404,905 SF | Typical Floor Size | 79,301 SF |
| Property Type | Multifamily (Condo) | Year Built | 2000 |
| Property Subtype | Apartment | Lot Size | 4.18 AC |
| Building Class | B | Parking Ratio | 1.52/1,000 SF |
| Floors | 4 | ||
| Zoning | AC-3A/T - Downtown Metropolitan Activity Core | ||
| Total Building Size | 404,905 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 79,301 SF |
| Year Built | 2000 |
| Lot Size | 4.18 AC |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | AC-3A/T - Downtown Metropolitan Activity Core |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Fireplace
- Ceiling Fans
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Tub/Shower
- Island Kitchen
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Business Center
- Clubhouse
- Courtyard
- Fitness Center
- Pool
- Tenant Controlled HVAC
- Elevator
- Sundeck
- Smoke Detector
1 UNIT AVAILABLE
Unit 135
| Unit Size | 1,575 SF | Sale Type | Owner User |
| Price | $670,000 | No. Parking Spaces | 9 |
| Price Per SF | $425.40 | Sale Conditions | Sale Leaseback |
| Condo Use | Office | APN/Parcel ID | 23-22-29-5974-00-010 |
| Unit Size | 1,575 SF |
| Price | $670,000 |
| Price Per SF | $425.40 |
| Condo Use | Office |
| Sale Type | Owner User |
| No. Parking Spaces | 9 |
| Sale Conditions | Sale Leaseback |
| APN/Parcel ID | 23-22-29-5974-00-010 |
DESCRIPTION
Ground Floor - walk-in unit
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 182 | - | 435 - 879 |
| 2+2 | 114 | - | 1,029 - 1,249 |
| 3+2 | 7 | - | 1,551 |
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860 N Orange Ave - Park North at Cheney Place
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