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Mixed-Use Retail Development
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516 Virginia Dr, Orlando, FL 32803

Ground-floor retail and restaurant space offers flexible suites within a residential development with structured parking.

Space Size1,700 SF - 5,000 SF
Property Size293,000 SF
Days on Market176

Property Features for 516 Virginia Dr

General Information

Standard status Active
Size 1,700 SF - 5,000 SF
Net Rentable 1,700 SF
Class A
Total Parking Spaces 465
Property subtype Retail, Restaurant

Space & Availability

Available Space 1,700-13,300 SF
Floor Ground

Amenities

structured parking

Building Details

Building Size 293,000 SF
Tenancy Multiple

Spaces For Lease

at 516 Virginia Dr Contact us

Suite 1

Size
5,000 SF
Type
Retail
Availability
Active
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Suite 2

Size
2,401 SF
Type
Retail
Availability
Active
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Suite 3

Size
2,309 SF
Type
Retail
Availability
Active
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Suite 4

Size
1,700 SF
Type
Retail
Availability
Active
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Suite 5

Size
1,717 SF
Type
Retail
Availability
Active
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Suite 6

Size
2,047 SF
Type
Retail
Availability
Active
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Suite 7

Size
3,130 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Colliers - Orlando, Florida
Listed By: Alexie Fonseca · License #SL3316332
Source: Crexi
Added: Mar 7 Changed: Aug 30 Last Checked: Aug 30 at 12:21AM

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 Colliers - Orlando, Florida

Investment Insights

Based on property information with market context.

The property provides 18,304 SF of ground-floor retail and restaurant space integrated into a residential development containing 265 Class A units. Available configurations range from approximately 1,700 SF to 13,300+ SF, with contiguous layouts offered for larger requirements. The setting supports food, retail, wellness, and other neighborhood-oriented commercial concepts.

Located at 516 Virginia Dr in Orlando, the property fronts Virginia Drive and includes structured parking. The development is directly across from The Yard at Ivanhoe, which includes 591 existing apartments and an established food hall and retail environment. Downtown Orlando is nearby, and the surrounding Ivanhoe Village area features walkable streetscapes and a dense residential population.

Key Highlights

  • 18,304 SF of ground‑floor retail and restaurant space
  • 265 Class A residential units above the commercial space
  • Suite sizes range from approximately 1,700 SF to 13,300+ SF

Property Analytics

Current Use

Hideaway Bar Restaurant

Suggested Use

Top Pick Big Box & Wholesale Store Auto Repair Shop Building Supply Auto Parts Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,437
Businesses Nearby
83k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 30% Groceries 23% Apparel 6%
The Fresh Market Groceries
18,879 visits/mo 0.3 miles
7-Eleven Shops & Services
17,356 visits/mo 0.3 miles
Firebirds Wood Fired Grill Dining
16,147 visits/mo 0.4 miles
First Watch Dining
6,831 visits/mo 0.3 miles
PNC Bank Shops & Services
5,318 visits/mo 0.4 miles

Demographics for 32803, FL

21,003
Population
12,225
Households
1.7
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
6.8 sq mi
ZIP Area
3,089
Density / Sq Mi
$101,401
Median Household Income
$61,439
Median Earnings
$1,823
Median Rent
$421,300
Median Home Value

Market

Vacancy Rate% for Retail in Orlando, FL

6.1% 2019
6.5% 2020
5.2% 2021
5.1% 2022
4.2% 2023
4.4% 2024
4.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail and restaurant space offers flexible suites within a residential development with structured parking.
Where is this mixed-use property located?
The property is located at 516 Virginia Dr Orlando, FL.
What are key features of this property?
This property features: 18,304 SF of ground‑floor retail and restaurant space; 265 Class A residential units above the commercial space; Suite sizes range from approximately 1,700 SF to 13,300+ SF
(321) 276-4006 Call to check price and availability
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