5815 Orange AveOrlando, FL 32809

Property Details for 5815 Orange Ave

Year built

1956

Lot size

0.33 AC

Property size (Sq ft)

6,307 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Retail space

APN

24-23-29-3404-00-023

APU

242329340400023

Description

This exceptional 5,950 square foot multi-tenant retail storefront, located at 5815 S Orange Ave in Orlando, Florida (32809), presents a compelling investment opportunity. Boasting a 7.00% cap rate and a substantial net operating income (NOI) of $112,000, this stabilized property offers a secure and profitable return. The building, constructed in 1956 and renovated in 1980, sits on a spacious 13,368 square foot lot and is zoned C-1, allowing for a variety of uses. Currently, the property enjoys 100% occupancy with four tenants under gross leases. The single-story building provides 5,950 square feet of leasable space, making it an ideal investment for those seeking a diversified portfolio. The property's strong performance, prime location in Orange County, and flexible zoning make it an attractive option for both seasoned investors and those new to commercial real estate. The property's assessed parcel number (APN) is 24-2329-3404-00-023. This is a rare opportunity to acquire a well-maintained, high-performing retail property in a thriving Orlando market. The asking price is $1,600,000.

Location Insight

City

Orlando

County

Orange

State

Florida

Latitude

28.4738

Longitude

-81.3692

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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