Renovated Retail Building Near
2011 South Orange Avenue, Orlando, FL 32806
Three-unit retail building with commercial kitchen, across from ORMC.
Type:Commercial Sale / Mixed Use
Property size:
3,057 SFPrice / SF:
$260/SF- Added:
- Aug 10, 2025
- Days on Market:
- 295
- Last Refresh:
- Mar 13 at 11:11 am
Property Features for 2011 South Orange Avenue
General Information
- Standard status
- Active
- Size
- 3,057 SF
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1954
Listing agent Alistair Baxter License #3423472 (786) 288-6316
Listing office EXP REALTY LLC (786) 288-6316
Listing date Aug 10, 2025
Source Compass
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All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY LLC
HighLights
- High‑traffic location directly across from Orlando Regional Medical Center (ORMC) offering exceptional visibility and foot traffic.
- Fully renovated property with significant upgrades including a new roof, updated electrical, and modern restrooms.
- 3,057 SF retail building divided into 3 units, ideal for tenant retention and long‑term value.
- One unit features a brand‑new commercial kitchen, providing immediate upside for food & beverage operators.
- Strong in‑place income, making it ideal for an owner‑user or investor.
- 2 dedicated parking spaces per unit plus street parking.
Overview
This is a fully renovated three-unit retail property totaling 3,057 square feet. It is located directly on Orange Avenue, across from Orlando Regional Medical Center (ORMC). Significant upgrades include a new roof, updated electrical systems, and modern restrooms in all units. One of the three bays includes a brand-new commercial kitchen, offering immediate upside for food and beverage operators. The property has two dedicated parking spaces per unit, plus street parking. The location provides exceptional visibility and foot traffic. The property is suitable for an owner-user or investor.
Local Financial Insights For Specialty 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 | $88.8k | $29.04 |
| − Vacancy | −$3.0k | −$0.99 |
| EGI | $85.8k | $28.05 |
| − OpEx | −$21.4k | −$7.01 |
| NOI | $64.3k | $21.04 |
3,057 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$918.8K
$804.0K – $1.07M
NOI $64,318 @ 7.0% cap · market cap 8.09%
Second Best
Retail
$857.6K
$750.4K – $1.00M
NOI $60,030 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M
NOI $68,934 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Decker Heating & Air ...
Hardware & Home Improvement
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.3762526
- Latitude
- 28.5188401
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Three-unit retail building with commercial kitchen, across from ORMC.
Where is this mixed-use property located?
The property is located at 2011 South Orange Avenue Orlando, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: High‑traffic location directly across from Orlando Regional Medical Center (ORMC) offering exceptional visibility and foot traffic.; Fully renovated property with significant upgrades including a new roof, updated electrical, and modern restrooms.; 3,057 SF retail building divided into 3 units, ideal for tenant retention and long‑term value.
