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Sold
707 E WASHINGTON ST
ORLANDO FL, 32801
$2,750,000
$1,237.07 per sqft
Sold
2,223 sqft
Commercial
Built in 1946
The property sits in the heart of Thornton Park, one of Orlando's most desired locations adjacent to Downtown Orlando. The property in its current state is being used as an event space, retail ice cream & deli, office rental, and Airbnb. Its current use had served the seller well, but now that it is transitioning it's time for the right operator to come in and maximize the property's use.
The property consists of four building's - three office/ retail/Airbnb properties. All the buildings share a common area/courtyard which features a stage for bands/ceremonies and open outdoor event space. The Veranda is strategically one of the best pieces of real estate in terms of its geography. With major thoroughfares being a three min drive from the property it allows the property's to be easily accessible from all the surrounding areas. Also, its walkability allows it to tap into the immediate Thornton Park area, Eola Heights, Downtown, and Colonial Town South. These two factors (walkability and ease of access) make The Veranda prime for entertainment (bars, restaurants, comedy clubs, etc.) operators. The demographics in the immediate area only further support the suggested use as a food & beverage opportunity.
The multiple functions of this investment property/ opportunity are rarely available in historic properties, but this property has the support of the City and Thornton Park, whom our offering incentives for the next owner of this gem. With the community and local municipalities behind the revitalization of this project now is the right time for a seasoned operator to seize this rare opportunity.
O5971878
MLSⓇ ID
September 8, 2021
Listed
May 25, 2024
Updated
Map
707 E WASHINGTON ST
ORLANDO FL, 32801
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Office Only
Heating
No
Exterior/Building Features
Lot Size
0.14 Acres
Other Property Details
Area Name
32801 - Orlando
Taxes
$6,531
Tax Frequency
Annually
Days on Market
163
Garage
No
View
No
County
Orange
Municipality
22
Pool
No
Zoning
AC-N/T/HP/
Listed by 4 ACRE REALTY LLC
Listing Contact: 407-963-7850
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Data last updated 5/25/2024, 12:56 AM UTC