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    Downtown Orlando Historic Office Building Title is generated by Realmo AI

    42 W Central Blvd, Orlando, FL

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    36,000± SF office building in Orlando CBD.

    Type:OFFICE
    Property size:
    36,000 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $333/SF
    Added:
    Jul 13, 2023
    Days on Market:
    1068
    Last Refresh:
    May 20 at 9:27 pm

    Property Features for 42 W Central Blvd

    General Information

    Standard status
    Active
    Size
    36,000 SF
    Lot size
    0.46 Acres
    Property subtype
    OFFICE

    Properties For Sale

    at 42 W Central Blvd Contact us

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    Listing Contact
    Jeffrey Bloom

    Listing agent Jeffrey Bloom

    Listing office NAI Realvest | Orlando

    Listing date Jul 13, 2023

    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 NAI Realvest | Orlando

    HighLights

    • Prime Downtown Orlando CBD location
    • Significant owner‑occupancy potential with up to 27,000 SF or more
    • Rare opportunity: First time on market in over 45 years
    • Reinforced roof (5,000± SF) suitable for deck or open‑air use
    • Convenient access to major transportation arteries (I‑4, Colonial Drive, SR 408, Orange Blossom Trail)
    • Walking distance to SunRail station, hotels, Amway Center, Dr. Phillips Center, restaurants, and banking

    Overview

    This is a 36,000± SF, four-story office building with additional land for parking and outdoor space. The historic brick building, built in 1912, features structural steel framing. Approximately 5,000± SF of the roof is reinforced, allowing for deck or open-air use. A new owner can occupy up to 27,000 SF or more. The property is located in the center of the Downtown Orlando CBD, offering easy access to I-4, Colonial Drive (SR 50), SR 408 (East-West), and Orange Blossom Trail. It is within walking distance of the Church Street SunRail station, the Grand Bohemian, AC Hotel by Marriott, and Hilton Garden Inn hotels. The property is close to the Amway Center and Dr. Phillips Center and surrounded by restaurants and banking. The zoning is AC-3A/T/HP (City of Orlando).

    Local Financial Insights For Office B

    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 $1.08M $30.00
    − Vacancy −$183.6k −$5.10
    EGI $896.4k $24.90
    − OpEx −$224.1k −$6.23
    NOI $672.3k $18.67
    36,000 SF · lease $30.00/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $9.60M
    $8.40M – $11.21M (±1% cap)
    NOI $672,300 @ 7.0% cap · market cap 5.60%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $11.60M
    $10.15M – $13.53M (±1% cap)
    NOI $811,780 @ 7.0% cap · market cap 6.76%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    LibertyX Bitcoin ATM Atm Ember Restaurant 24/7 Orlando Website ... Marketing & Advertising IMOC Training Center

    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
    -81.3798
    Latitude
    28.5417

    FAQs

    What type of property is this?
    Office building - 36,000± SF office building in Orlando CBD.
    Where is this office building located?
    The property is located at 42 W Central Blvd Orlando, FL.
    What is the asking price?
    The asking price for this property is $12,000,000.
    What are key features of this property?
    This property features: Prime Downtown Orlando CBD location; Significant owner‑occupancy potential with up to 27,000 SF or more; Rare opportunity: First time on market in over 45 years
    (407) 875-9989 Call to check price and availability
    More about this property
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