Professional Office Space For
916 BRYAN STREET Kissimmee, FL 34741
For Sale
$725,000
Pending
Renovated office space with leasing potential near Osceola County Courthouse.
Property Size2,145 SF
Lot Size0.33 Acres
Days on Market515
Property Features for 916 BRYAN STREET
General Information
- Standard status
- Pending
- Size
- 2,145 SF
- Lot size
- 0.33 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1959
Listing Agency:
REMAX PREMIER PROPERTIES
(407) 968-7511
Listed By:
Paola Almonte · License #3287290
(407) 968-7511
Source:
Exitrealty
Added: Feb 24, 2025
Changed: Jul 10
Last Checked: Jul 24 at 5:32AM
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 REMAX PREMIER PROPERTIES
Investment Insights
Based on property information with market context.
This professional office space of 2145 square feet features private offices, including three corner offices, along with two spacious open office areas, a large conference room with elegant French doors, a fully equipped kitchen, and two bathrooms, one of which is ADA compliant. The property has two separate front entrances, offering potential for additional leasing income. Open parking spaces are available, including one ADA parking spot next to the ADA ramp. A covered back deck is present, with future enclosure approval, suitable for lunches and client gatherings. The property is located two blocks west of the Osceola County Board of County Commissioners and Courthouse, offering a vibrant live/work/play environment with restaurants, shopping, scenic lakefront views, and mass transit options such as Sun Rail, Lynx, Greyhound, and Amtrak within walking or biking distance. Accessibility to U.S. Hwy 192 and John Young Parkway is convenient. Major renovations have been completed, featuring solid hardwood floors, an asphalt shingle roof, an upscale paver driveway and parking lot, new sidewalks, updated heat pump and HVAC ducting, fresh landscaping, a five-zone sprinkler system, landscape lighting, securely installed cameras, and updated electrical systems with new service panels and IT connections throughout. New insulation has been installed. The property could serve well as a cooperative workspace and is suitable for firms that frequently engage with government agencies, such as attorneys, developers, title companies, real estate brokers, CPAs, engineers, and land planners.
Key Highlights
- Prime location, just two blocks from Osceola County Board of County Commissioners and Courthouse.
- Potential for additional income with two separate front entrances offering leasing opportunities.
- Extensive renovations including solid hardwood floors, paver driveway/parking, updated HVAC, and electrical.
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 | $45.0k | $21.00 |
| − Vacancy | −$9.9k | −$4.62 |
| EGI | $35.1k | $16.38 |
| − OpEx | −$8.8k | −$4.10 |
| NOI | $26.4k | $12.29 |
2,145 SF · lease $21.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$376.4K
$329.4K – $439.2K
NOI $26,351 @ 7.0% cap · market cap 3.63%
Second Best
Mixed Use
$345.1K
$301.9K – $402.6K
NOI $24,155 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$515.5K
$451.0K – $601.4K
NOI $36,082 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
New American Funding ...
Loan Service
New American Funding ...
Loan Service
New American Funding ...
Loan Service
New American Funding ...
Loan Service
Wilma Quiles, REALTOR
Real Estate Agency
FAQs
What type of property is this?
Office units - Renovated office space with leasing potential near Osceola County Courthouse.
Where is this office units located?
The property is located at 916 BRYAN STREET Kissimmee, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Prime location, just two blocks from Osceola County Board of County Commissioners and Courthouse.; Potential for additional income with two separate front entrances offering leasing opportunities.; Extensive renovations including solid hardwood floors, paver driveway/parking, updated HVAC, and electrical.