610 Morse BlvdWinter Park, FL 32789

Property Details for 610 Morse Blvd

Year built

1947

Lot size

0.59 AC

Property size (Sq ft)

5,895 SF

Zone code

C-3A

Property type

Retail properties

Property subtype

Turn key restaurants

APN

06-22-30-1168-11-012

APU

62230116811012

Description

This exceptional free-standing restaurant building presents a rare opportunity in the desirable Winter Park, Florida market. Located at 610 W Morse Blvd, this single-tenant property boasts a substantial 4,700 square feet of space, ideal for a variety of culinary concepts. Situated on a sizable 0.6-acre lot, the building offers ample room for outdoor seating or expansion. The property's zoning is C-3A, allowing for flexibility in its future use. The single-story structure is well-maintained and ready for immediate occupancy. Its prime location in Winter Park ensures high visibility and accessibility, attracting a significant customer base. The property's address is 610 W Morse Blvd, Winter Park, FL 32789, within Orange County. The parcel number is 06-2230-1168-11-012. This is a unique chance to acquire a well-established restaurant space in a thriving community, offering significant potential for growth and return on investment. The property's size and location make it an attractive proposition for both established businesses and new ventures seeking a prominent presence in Winter Park. Don't miss this chance to own a piece of Winter Park's vibrant culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $1,340,953

  6.5%

  $1,237,803

  7%

  $1,149,388

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,890,778

  Geo Method

  $1,658,308

• Alternative Use

  Use

  Valuation

  Residential

  $1,044,133

  Hospitality

  $956,420

  Educational

  $795,730

  Medical

  $823,097

  Retail

  $1,237,803

Location Insight

City

Winter Park

County

Orange

State

Florida

Latitude

28.5974

Longitude

-81.3572

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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