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Commercial Property Near Downtown Orlando

41 N DOLLINS AVENUE Orlando, FL 32805

41 N DOLLINS AVENUE, Orlando, FL, 32805
$1,300,000
For Sale
Claim this Listing
$1,300,000

Versatile commercial building with income potential near downtown Orlando.

Property Size4,608 SF
Lot Size0.11 Acres
Price / SF$282.12
AddedMar 4, 2025
Days on Market498
Last RefreshMay 11 at 1:34 am

Property Features for 41 N DOLLINS AVENUE

General Information

Standard status
Active
Size
4,608 SF
Lot size
0.11 Acres
Property subtype
Commercial

Building Details

Year Built
1964

Listing office LPT REALTY, LLC

Listing date Mar 4, 2025

Source Corcoran

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 LPT REALTY, LLC


Investment Insights

Based on property information with market context.

This commercial property is located near downtown Orlando. The building offers possibilities for entrepreneurs, investors, or business owners. It features two separate addresses, allowing for business operation on one side and income generation by leasing out the adjacent space. The property is suited for a retail store, office space, studio, or other type of business. The surrounding area has activity, ensuring foot traffic and exposure.

Key Highlights

  • Prime location near downtown Orlando.
  • Two separate addresses for business operation and rental income.
  • Versatile building suitable for various business types (retail, office, studio, etc.).

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 $133.8k $29.04
− Vacancy −$4.5k −$0.99
EGI $129.3k $28.05
− OpEx −$38.8k −$8.42
NOI $90.5k $19.64
4,608 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,487 @ 7.0% cap · market cap 6.96%
Second Best
Office B
$1.23M
$1.08M – $1.43M (±1% cap)
NOI $86,054 @ 7.0% cap · market cap 6.62%
Theoretical Best
Office A
$1.48M
$1.30M – $1.73M (±1% cap)
NOI $103,908 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Dental Office Storage Facility Veterinary Clinic Florist Electrical Service (Bike/Boat/Book/etc) Store Nursing Home (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store

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

FAQs

What type of property is this?
Mixed-use property - Versatile commercial building with income potential near downtown Orlando.
Where is this mixed-use property located?
The property is located at 41 N DOLLINS AVENUE Orlando, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location near downtown Orlando.; Two separate addresses for business operation and rental income.; Versatile building suitable for various business types (retail, office, studio, etc.).
Contact an agent
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