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280 Canton Ave Winter Park, FL 32789

Prime Winter Park Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional four-story office building in Winter Park, Florida, presents a unique investment opportunity. Boasting 32,215 rentable square feet on a 1.43-acre lot, the property is strategically located in Orlando's most sought-after office market, known for its strong rent corridor and low vacancy rates. Built in 1975 and renovated in 2017, the building features two elevators, a fully functioning fire sprinkler system, and excellent signage. The property benefits from a "street to street" full block boundary with four points of ingress/egress, ensuring convenient access. Currently, it houses twelve tenants, with one 7,500-square-foot vacancy offering significant upside potential for rent growth. The building is zoned O-1 by the City of Winter Park and is offered at a price significantly below replacement value. Its long history of stable, professional tenants and exceptional views make this a truly compelling investment. Recent capital expenditures include $150,000 in elevator improvements. The property's well-maintained condition, evidenced by the same engineer's involvement for over 25 years, further underscores its value. This fee-simple ownership opportunity is rare and presents a chance to acquire a premier asset in a high-demand location. The building's size and location make it ideal for a headquarters location, allowing for future growth and expansion.

Highlights

  • Four-story building.
  • 32,215 rentable square feet.
  • 1.43-acre parcel.
  • O-1 zoning, City of Winter Park.
  • Built 1975, renovated 2017.
  • Over 100 parks nearby, including handicapped-accessible ones.

Property Details for 280 Canton Ave

Property type
Office properties
Square Feet
32,215 SF
Year Built/Renovated
1975/2017
Lot Size (sq. ft)
62,291 SF

Location Insight

City
Winter Park
County
Orange
State
Florida
Latitude
28.599541992455
Longitude
-81.354028942693

FAQs

What type of property is this?
Office property - Prime Winter Park Office Investment
Where is the office property located?
The property is located at 280 Canton Ave Winter Park, FL.
What are key features of this property?
This property features: Four-story building.; 32,215 rentable square feet.; 1.43-acre parcel.
How can I contact the broker?
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280 Canton Ave
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