Operating Bar with Restaurant
For Sale
Contact for pricing
55 N Orange Ave, Orlando, FL 32801
Established hospitality venue with existing furnishings, fixtures, and an active sublease in Downtown Orlando’s entertainment district.
Property Size2,000 SF
Price / SF$250
Days on Market56
Property Features for 55 N Orange Ave
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail, Business for Sale
Site & Location
Neighborhood
Downtown Orlando
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Abandoned
No
Listing Agency:
Garito & Company
Listed By:
Timothy Garito · License #BK3412595
(407) 777-9660
Source:
Crexi
Added: Sep 3
Changed: Oct 25
Last Checked: Oct 26 at 1:02PM
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 Garito & Company
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This operating bar occupies an approximately 2,000 SF venue with an established restaurant buildout and hospitality infrastructure already in place. The asset sale is offered on an AS-IS basis and may include the existing business name, improvements, furniture, fixtures, and other included assets, subject to the final purchase agreement and applicable approvals. The space is currently occupied under a sublease.
The property is positioned at 55 N Orange Ave in Downtown Orlando, within an entertainment district characterized by restaurants, bars, nightlife, offices, residential development, and major downtown destinations. Orange Avenue provides the venue with a recognized downtown address and exposure along an established hospitality corridor. A purchaser may continue the existing operation or adapt the space for a different concept, subject to applicable approvals.
The property is positioned at 55 N Orange Ave in Downtown Orlando, within an entertainment district characterized by restaurants, bars, nightlife, offices, residential development, and major downtown destinations. Orange Avenue provides the venue with a recognized downtown address and exposure along an established hospitality corridor. A purchaser may continue the existing operation or adapt the space for a different concept, subject to applicable approvals.
Key Highlights
- Operating bar with approximately 2,000 SF restaurant buildout
- Located at 55 N Orange Ave in Downtown Orlando
- Existing furniture, fixtures, improvements, and other assets may be included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,079
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,580
$841.6K
Cap Rate 7%
$601,129
$601.1K
Cap Rate 9%
$467,544
$467.5K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$58.1K $29.04/SF
− Vacancy
−$2.0K −$0.99/SF
EGI
$56.1K $28.05/SF
− OpEx
−$14.0K −$7.01/SF
NOI
$42.1K $21.04/SF
Area
Orlando, FL
Vacancy
3.40%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$841,580
Cap Rate 7%
$601,129
Cap Rate 9%
$467,544
Alternative Uses
Best Use
Specialty Retail
$601.1K
$526.0K – $701.3K
NOI $42,079 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$644.3K
$563.7K – $751.7K
NOI $45,099 @ 7.0% cap · market cap 9.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
8,915
Businesses Nearby
41k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 83%
Dining 12%
Beauty & Spa 5%
Embassy Suites By Hilton Orlando Downtown
Hotels & Casinos
26,620 visits/mo
0.3 miles
Marriott Orlando Downtown
Hotels & Casinos
7,512 visits/mo
0.3 miles
Insomnia Cookies
Dining
3,500 visits/mo
0.1 miles
Blo Blow Dry Bar
Beauty & Spa
1,868 visits/mo
0.3 miles
SUBWAY
Dining
1,508 visits/mo
0.3 miles
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 Retail in Orlando, FL
Similar Off Market Nearby
- S.T.O.R.M. — 400 S Orange Ave, Orlando, FL 32801
- The Wellborn — 211 N Lucerne Cir W, Orlando, FL 32801
- Broken Strings Brewery — 1012 W Church St, Orlando, FL 32805
- Night Shade Lounge Orlando — 536 W Church St, Orlando, FL 32805
- taha — 532 W Church St, Orlando, FL 32805
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established hospitality venue with existing furnishings, fixtures, and an active sublease in Downtown Orlando’s entertainment district.
Where is this bar & pub located?
The property is located at 55 N Orange Ave Orlando, FL.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Operating bar with approximately 2,000 SF restaurant buildout; Located at 55 N Orange Ave in Downtown Orlando; Existing furniture, fixtures, improvements, and other assets may be included
