
$1,549,000
Commercial for Sale, 121 S Orange Avenue 1450N & 1470N, Florida 32801
- MLS#F10487310
Listed By RE/MAX Direct
The Commercial Property for Sale located at 121 S Orange Avenue 1450N & 1470N, Florida 32801 is currently for sale.
Description
LCRE Group at Remax Direct presents a prime investment in downtown Orlando’s Plaza Building – North Tower. This sale includes two income-producing office units totaling 6,401 sq. ft. Unit 1450N (4,538 sq. ft.) is a corner space with a balcony overlooking Orange Ave, featuring an open layout, conference rooms, private offices, a kitchen, and a breakroom, leased until March 31, 2027. Unit 1470N (1,683 sq. ft.) has a double-door entry, new paint, wood laminate floors, private offices, a reception area, a breakroom, and conference rooms with floor-to-ceiling windows showcasing downtown Orlando and Lake Eola, leased until October 31, 2026. This is a fantastic opportunity to acquire an income-generating asset in a prime location. CAP RATE at 6% NOI: $92,377.34
Location
121 S Orange Avenue 1450N & 1470N, Florida 32801
Property features
Property
- Features: Elevators
Lot/Land
- Land/Lot size:
561 m² (6,041 ft²)
Construction
- Year built: 2007
- Roofing: Concrete
- Construction: Concrete/Block
Interior Features
- Floors: Ceramic TileCarpet
Security
- Features: Security GuardSmoke Detector
Heating and Cooling
- Heating System: Central (building)
- Cooling System: Central AC
Utilities
- Other utilities: SewerSewer Available Off Site