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    Downtown Orlando Mixed-Use Building Title is generated by Realmo AI

    35-39 W Pine St, Orlando, FL

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    Two-story, 17,000 SF mixed-use building in Downtown Orlando.

    Type:OFFICE
    Property size:
    17,000 SF
    Lot size:
    0.23 Acres
    Price / SF:
    $293/SF
    Added:
    Apr 18, 2024
    Days on Market:
    783
    Last Refresh:
    May 20 at 8:27 pm

    Property Features for 35-39 W Pine St

    General Information

    Standard status
    Active
    Size
    17,000 SF
    Lot size
    0.23 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jere’ Matheny

    Listing agent Jere’ Matheny

    Listing office First Capital Property Group

    Listing date Apr 18, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of First Capital Property Group

    HighLights

    • Prime location in the heart of Downtown Orlando, steps from the intersection of Orange Ave and Pine St.
    • Mixed‑use building with ±17,000 SF, offering flexibility for owner‑users to occupy office space and generate retail revenue.
    • Rare opportunity available for the first time in three decades.
    • Potential to occupy 8,500 SF of re‑imagined office space.
    • Potential to generate revenue from 8,500 SF of ground‑level retail space.
    • Located in an area with ongoing, high‑value development.

    Overview

    Located in the heart of Downtown Orlando, at 35-39 West Pine Street, this two-story mixed-use building offers approximately 17,000 square feet of space. The property is positioned steps from the intersection of Orange Avenue and Pine Street. This building presents a rare opportunity for owner-users, with the flexibility to occupy 8,500 square feet of office space while generating revenue from the 8,500 square feet of ground-level retail space, or to utilize the entire building. Situated in the ultra-core downtown area, the property is surrounded by ongoing, high-value development.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $493.7k $29.04
    − Vacancy −$16.8k −$0.99
    EGI $476.9k $28.05
    − OpEx −$143.1k −$8.42
    NOI $333.8k $19.64
    17,000 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.77M
    $4.17M – $5.56M (±1% cap)
    NOI $333,826 @ 7.0% cap · market cap 6.68%
    Second Best
    Office B
    $4.54M
    $3.97M – $5.29M (±1% cap)
    NOI $317,475 @ 7.0% cap · market cap 6.36%
    Theoretical Best
    Office A
    $5.48M
    $4.79M – $6.39M (±1% cap)
    NOI $383,340 @ 7.0% cap · market cap 7.67%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Spa & Massage Center Real Estate Agency Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.3799
    Latitude
    28.5414

    FAQs

    What type of property is this?
    Office building - Two-story, 17,000 SF mixed-use building in Downtown Orlando.
    Where is this office building located?
    The property is located at 35-39 W Pine St Orlando, FL.
    What is the asking price?
    The asking price for this property is $4,995,000.
    What are key features of this property?
    This property features: Prime location in the heart of Downtown Orlando, steps from the intersection of Orange Ave and Pine St.; Mixed‑use building with ±17,000 SF, offering flexibility for owner‑users to occupy office space and generate retail revenue.; Rare opportunity available for the first time in three decades.
    (407) 872-0209 Call to check price and availability
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