For Sale
$1,240,000

1513 Livingston StOrlando, FL 32803

Prime location, strong NOI, immediate income.

Overview

Added:
Dec 11, 2024
Days on market:
114
This Orlando mixed-use property, located at 1513 and 1515 E Livingston St, offers a compelling investment opportunity. The property consists of three buildings totaling 2,982 square feet on a 0.251-acre lot, with 10 parking spaces. The property is zoned O-1/T/HP. The front building, approximately 1,200 square feet, will be vacant upon closing, providing immediate occupancy potential for an owner-user or the opportunity to lease to a new tenant. This building features a lobby, reception area, three offices, a boardroom, a full bathroom, a half-bathroom, and a kitchen/dining space. The rear two-story building, totaling 1,800 square feet, is currently 50% occupied by two tenants under leases expiring June 1, 2027. Each floor of this building (approximately 900 square feet each) has a private entrance, offering flexibility for tenants. Amenities include a ground floor reception area, conference room, office, kitchenette, storage rooms, and a second-floor waiting area, large office, two smaller offices, full kitchen, and bathroom. An outdoor patio with a gazebo provides additional space. The property boasts a Net Operating Income (NOI) of $32,000, with 3% annual rent bumps built into the leases. The property's prime location near Colonial Town, the Milk District, downtown Orlando, and I-4 offers excellent accessibility and visibility. This versatile property presents multiple income streams and significant potential for growth. The asking price is $1,240,000. Built between 1940 and 1982.

Highlights

  • 50% occupancy rate.
  • Two rear building tenants with leases expiring in 2027 and 2025.
  • 1,200 square foot vacant front unit available at closing.

Property Details for 1513 Livingston St

Property type
Office properties, Mixed-use properties
Square Feet
2,982 SF
Class
C
Year Built
1940
Buildings
3
Stories
2
Lot Size (sq. ft)
10,934 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5478799
Longitude
-81.3607781
1513 Livingston St, Orlando, Florida

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1513 Livingston St
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