4453 Edgewater DrOrlando, FL 32804

Property Details for 4453 Edgewater Dr

Year built

1946

Lot size

0.53 AC

Property size (Sq ft)

1,680 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

03-22-29-2638-04-001

APU

32229263804001

Description

This exceptional Orlando investment opportunity presents a thriving bar and store located at 4453 Edgewater Drive. Boasting 1,680 square feet on a 0.53-acre lot, this established business has enjoyed consistent sales growth over its 16-year history, with a prior 12-year history of bar operations at the same location. The current owners manage the financial aspects, ordering, and stocking, while experienced employees handle daily operations. The property features a well-equipped bar with a pool table, electronic music system, and monitors, creating a vibrant atmosphere. A significant advantage is the integrated store, offering substantial potential for sales expansion through diverse product offerings. A pleasant outdoor patio further enhances the customer experience and provides additional seating. Financial information is available upon request, showcasing a remarkable cap rate exceeding 15%. This turnkey operation presents a rare chance to acquire a high-performing business with significant upside potential for increased income and expansion. The property's established clientele and proven track record make this an attractive investment for discerning buyers seeking substantial returns. The combination of a successful bar and a retail store provides a unique and diversified revenue stream.

• CAP approach

  CAP return

  Valuation

  6%

  $547,896

  6.5%

  $505,750

  7%

  $469,625

• Comparable approach

  Method

  Valuation

  Relative Method

  $664,802

  Geo Method

  $664,802

• Alternative Use

  Use

  Valuation

  Residential

  $426,619

  Hospitality

  $390,781

  Educational

  $325,125

  Medical

  $336,306

  Retail

  $505,750

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.5987

Longitude

-81.4006

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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