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$3,100,000
112 Hill Ave, Orlando, FL 32801
0 Beds
0 Baths
1,115 sqft

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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.
  • Price:
  • $3,100,000
  • Square Footage:
  • 1,115
  • Acreage:
  • 0.13
  • Year Built:
  • 1915
  • Listing ID #:
  • MFRO5971871
  • Street Address:
  • 112 Hill Ave
  • City:
  • Orlando
  • State:
  • Florida
  • Postal Code:
  • 32801
  • County:
  • Orange
  • Community:
  • Orlando
  • Subdivision:
  • Edgewater Terrace
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial Sale
  • Approximate Total Liveable Area:
  • 1115
  • Construction Type:
  • Wood Frame
  • Foundation:
  • Slab
  • Stories:
  • 2
  • Total # Of Buildings:
  • 1
  • Total Building Square Footage:
  • 1115
  • Year Built:
  • 1915
  • Conforms To Zoning:
  • Pd/T/Hp/Sp
  • Federal Flood Zone:
  • X
  • Lot Square Footage:
  • 5688
  • Road Frontage Type:
  • Main Throrughfare
  • Road Type:
  • Paved
  • Days On Market:
  • 104
  • On Market Date:
  • 2021-09-08
  • Originating Mls:
  • Mfrmls
  • Ownership:
  • Sole Proprietor
  • Property Taxes:
  • $3,685
  • Tax Year:
  • 2020
  • Cooling System:
  • Office Only
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By 4 ACRE REALTY LLC
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