Downtown Orlando Corner
For Sale
$1,199,000
501 E Church St, Orlando, FL 32801
High-visibility corner parcel suitable for various commercial applications.
Property Size1,723 SF
Price / SF$695.88
Days on Market232
Property Features for 501 E Church St
General Information
Standard status
Active
Size
1,723 SF
Listing Agency:
OLDE TOWN BROKERS INC
(407) 719-6550
Listed By:
Patricia Sullivan · License #3130492
(407) 719-6550
Source:
Exprealty
Added: Dec 11, 2025
Changed: Jul 10
Last Checked: Jul 31 at 6:21PM
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 OLDE TOWN BROKERS INC
Investment Insights
Based on property information with market context.
This is a rare opportunity to acquire a signalized, high-visibility corner parcel in the heart of Downtown Orlando, located at the intersection of Church Street and Osceola Avenue, just steps from Lake Eola and the Central Business District. The property offers dual frontage along two major corridors within one of Orlando’s most walkable and supply-constrained urban cores. The existing one-story office building is well maintained, fully functional, and immediately usable for a wide range of commercial applications, including retail, salon or spa, boutique medical, legal, counseling, or creative office. The current layout includes multiple private offices, a reception area, and window-lined workspaces, making it ideal for an owner-user or investor seeking immediate occupancy or income while evaluating longer-term plans. The property is zoned for high-density mixed-use, allowing for multifamily, hotel, retail, restaurant, and urban commercial development. Surrounded by major residential towers, mixed-use projects, and ongoing downtown investment, this site is exceptionally positioned for vertical redevelopment, including luxury apartments, boutique hotel concepts, or mixed-use projects with ground-floor retail. The property size is 1723 square feet. The combination of a turnkey existing structure with significant redevelopment upside makes this asset uniquely compelling for both near-term use and long-term value creation.
Key Highlights
- Rare, high‑visibility corner parcel in Downtown Orlando with dual frontage on Church Street and Osceola Avenue.
- Zoned for high‑density mixed‑use, allowing for multifamily, hotel, retail, restaurant, and urban commercial development.
- Located steps from Lake Eola and the Central Business District, surrounded by major residential towers and mixed‑use projects.
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 | $50.0k | $29.04 |
| − Vacancy | −$1.7k | −$0.99 |
| EGI | $48.3k | $28.05 |
| − OpEx | −$14.5k | −$8.42 |
| NOI | $33.8k | $19.64 |
1,723 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$483.3K
$422.9K – $563.9K
NOI $33,834 @ 7.0% cap · market cap 2.82%
Second Best
Office B
$459.7K
$402.2K – $536.3K
NOI $32,177 @ 7.0% cap · market cap 2.68%
Theoretical Best
Office A
$555.0K
$485.7K – $647.6K
NOI $38,853 @ 7.0% cap · market cap 3.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
8,954
Businesses Nearby
Explore this area
Business Placement
Demographics for 32801, FL
17,728
Population
12,133
Households
1.5
Avg Household Size
36
Median Age
63%
College-Educated
95%
High-School Grad
2.2 sq mi
ZIP Area
8,058
Density / Sq Mi
$77,626
Median Household Income
$63,090
Median Earnings
$1,773
Median Rent
$397,600
Median Home Value
Market
Vacancy Rate% for Office in Orlando, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - High-visibility corner parcel suitable for various commercial applications.
Where is this office building located?
The property is located at 501 E Church St Orlando, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Rare, high‑visibility corner parcel in Downtown Orlando with dual frontage on Church Street and Osceola Avenue.; Zoned for high‑density mixed‑use, allowing for multifamily, hotel, retail, restaurant, and urban commercial development.; Located steps from Lake Eola and the Central Business District, surrounded by major residential towers and mixed‑use projects.
