Renovated Retail Building Near
2011 South Orange Avenue Orlando, FL 32806
2011 South Orange Avenue, Orlando, FL, 32806
$875,000
For Sale
$875,000
Three-unit retail building with commercial kitchen, across from ORMC.
Property Size3,057 SF
Price / SF$286.23
Days on Market245
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 Agency
EXP REALTY LLC
(786) 288-6316
Listed by
Alistair Baxter · License #3423472
(786) 288-6316
Source
Compass
Added: Nov 14, 2025 Checked: Jul 16 at 8:06 am
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
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.
Key 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.
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 | $88.8k | $29.04 |
| − Vacancy | −$3.0k | −$0.99 |
| EGI | $85.8k | $28.05 |
| − OpEx | −$25.7k | −$8.42 |
| NOI | $60.0k | $19.64 |
3,057 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$857.6K
$750.4K – $1.00M
NOI $60,030 @ 7.0% cap · market cap 6.86%
Second Best
Mixed Use
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 4.61%
Theoretical Best
Office A
$984.8K
$861.7K – $1.15M
NOI $68,934 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Decker Heating & Air ...
Hardware & Home Improvement
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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 $875,000.
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.
