For Sale
$9,000,000

7516 Irlo Bronson Memorial HwyKissimmee, FL 34747

Prime FL location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 2.53-acre mixed-use property in Kissimmee, Florida, presents a compelling redevelopment opportunity. Located at 7516 W Irlo Bronson Memorial Hwy, this site boasts 16,980 square feet of space, with 15,900 square feet of net rentable area, and is priced at $9,000,000 ($530.04 per square foot). The property currently houses an operating restaurant and retail businesses, supported by 138 parking spaces. An existing office building is available for remodeling, and an additional 3,400+ square feet offers significant development potential. The property benefits from a highly desirable "CT" Commercial Tourist zoning designation in Osceola County, strategically positioned between Interstate I-4 and SR 429, minutes from Celebration, FL and Margaritaville Resort. Irlo Bronson Highway (Highway 192) experiences over 100,000 vehicles weekly, ensuring high visibility and significant traffic flow. This presents a tremendous upside for cap rate and ROI, particularly attractive for a single-user owner/operator restaurant seeking to establish a branded concept or a new mixed-use development incorporating hotel, restaurant, and retail components. The property's location and zoning make it ideal for maximizing returns on investment.

Highlights

  • 2.53-acre mixed-use property in Kissimmee, FL, offering redevelopment potential.
  • Ideal for a single-user owner/operator restaurant seeking to establish a branded concept.
  • Highest and best use as a new mixed-use development incorporating hotel, restaurant, and retail components for excellent cap rate and ROI.

Property Details for 7516 Irlo Bronson Memorial Hwy

Property type
Specialty properties, Lifestyle centers
Square Feet
16,980 SF
Lot Size (sq. ft)
110,207 SF

Location Insight

City
Kissimmee
County
Osceola
State
Florida
Latitude
28.331820791423
Longitude
-81.586706627332
7516 Irlo Bronson Memorial Hwy, Kissimmee, Florida

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7516 Irlo Bronson Memorial Hwy
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