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    Historic Building in Downtown Orlando Title is generated by Realmo AI

    17 E Pine St, Orlando, FL

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    Prime location with dual access, ideal for retail or office.

    Type:OFFICE
    Property size:
    4,731 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $306/SF
    Added:
    Dec 2, 2024
    Days on Market:
    553
    Last Refresh:
    May 20 at 8:48 pm

    Property Features for 17 E Pine St

    General Information

    Standard status
    Active
    Size
    4,731 SF
    Lot size
    0.04 Acres
    Property subtype
    OFFICE

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    Listing Contact
    Jere’ Matheny

    Listing agent Jere’ Matheny

    Listing office First Capital Property Group

    Listing date Dec 2, 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 on the most heavily trafficked block in downtown, steps from Main & Main, Orange Avenue, and Pine Street.
    • Rare opportunity - first time on the market in 30 years.
    • Dual entrances providing easy access to both ground floor and upper levels.
    • Excellent signage visibility for brand recognition.
    • Suitable for retail or office use, offering flexibility for owner‑users and investors.
    • Potential for increased valuation by transitioning from office to retail use.

    Overview

    Located in the heart of the city, the property at 17 E Pine Street offers a rare opportunity to own a piece of history. Situated steps from Main & Main, Orange Avenue, and Pine Street, the building benefits from a location on the most heavily trafficked block in downtown, providing unparalleled visibility. Available for the first time in 30 years, this historic building is suitable for both owner-users and investors. The three-story structure, totaling 4731 square feet, features dual entrances that provide easy access to both the ground floor and upper levels, making it an ideal location for retail or office use. The property's prime location and excellent signage visibility enhance brand recognition and awareness. With its charming aesthetic and strategic positioning, it offers possibilities for various uses, including a flagship retail store or a bustling office space. For investors, this property is a candidate for transitioning from office to retail use, which can significantly enhance its valuation. The combination of historical charm, prime location, and dual access points make it a compelling investment.

    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 $137.4k $29.04
    − Vacancy −$4.7k −$0.99
    EGI $132.7k $28.05
    − OpEx −$39.8k −$8.42
    NOI $92.9k $19.64
    4,731 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.33M
    $1.16M – $1.55M (±1% cap)
    NOI $92,902 @ 7.0% cap · market cap 6.41%
    Second Best
    Office B
    $1.26M
    $1.10M – $1.47M (±1% cap)
    NOI $88,351 @ 7.0% cap · market cap 6.09%
    Theoretical Best
    Office A
    $1.52M
    $1.33M – $1.78M (±1% cap)
    NOI $106,681 @ 7.0% cap · market cap 7.36%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Law Offices of Horwitz ... Law Firm Team Market Group Property Management Company Orlando Flooring Co. ... General Contractor

    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
    -81.3795
    Latitude
    28.5415

    FAQs

    What type of property is this?
    Office building - Prime location with dual access, ideal for retail or office.
    Where is this office building located?
    The property is located at 17 E Pine St Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,450,000.
    What are key features of this property?
    This property features: Prime location on the most heavily trafficked block in downtown, steps from Main & Main, Orange Avenue, and Pine Street.; Rare opportunity - first time on the market in 30 years.; Dual entrances providing easy access to both ground floor and upper levels.
    (407) 872-0209 Call to check price and availability
    More about this property
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