Historic Mixed-Use
707 E Washington St Orlando, FL 32801
707 E Washington St, Orlando, FL, 32801
Contact for pricing
For Sale
Contact for pricing
Five-building historic campus includes retail/office suites, covered porches, and an event courtyard with a bandshell.
Property Size7,733 SF
Price / SF$452.61
Days on Market99
Property Features for 707 E Washington St
General Information
- Standard status
- Active
- Size
- 7,733 SF
- Property subtype
- Retail, Office, Hospitality, Mixed Use
Listing agency
4 Acre Commercial Real Estate
(321) 278-4954
Listed by
Trey Dyer · License #SL3573722
Source
Crexi
Added: Apr 16 Updated: Jul 22 at 2:21PM Checked: Jul 22 at 2:21PM
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 4 Acre Commercial Real Estate
Investment Insights
Based on property information with market context.
The Veranda at Thornton Park is a five-building historic campus comprising four commercially zoned buildings and one single-family residence. The commercial buildings include multiple retail/office suites and extensive covered porches, complemented by a bandshell and a roughly 6,000 SF event courtyard. The property also includes a single-family home with a swim-ming pool for VIP lodging or hospitality.
The campus is located in the Thornton Park neighborhood, just blocks from Lake Eola, and benefits from a zoning and future land use change with the City of Orlando following a year-long process. The commercially zoned buildings are now eligible to be housed under a single SFS Liquor License, supporting event, food & beverage, and hospitality operations.
This is a consolidated mixed-use setup that combines suite-based commercial space with dedicated outdoor event and hospitality accommodations across a small historic campus.
The campus is located in the Thornton Park neighborhood, just blocks from Lake Eola, and benefits from a zoning and future land use change with the City of Orlando following a year-long process. The commercially zoned buildings are now eligible to be housed under a single SFS Liquor License, supporting event, food & beverage, and hospitality operations.
This is a consolidated mixed-use setup that combines suite-based commercial space with dedicated outdoor event and hospitality accommodations across a small historic campus.
Key Highlights
- Five‑building historic campus in Thornton Park, blocks from Lake Eola
- Includes four commercially zoned buildings with multiple retail/office suites
- Extensive covered porches across the commercial buildings
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 | $224.6k | $29.04 |
| − Vacancy | −$7.6k | −$0.99 |
| EGI | $216.9k | $28.05 |
| − OpEx | −$65.1k | −$8.42 |
| NOI | $151.9k | $19.64 |
7,733 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.17M
$1.90M – $2.53M
NOI $151,852 @ 7.0% cap · market cap 4.34%
Second Best
Office B
$2.06M
$1.81M – $2.41M
NOI $144,414 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$2.49M
$2.18M – $2.91M
NOI $174,375 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Professional Meetings Inc
Business Service Center
Haus Of Deetz
Clothing & Fashion Store
Sperry Deli & Creamery
Grocery & Convenience Store
Retro Roast
Cafe & Coffee Shop
The Veranda Live
Hotel & Motel
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Five-building historic campus includes retail/office suites, covered porches, and an event courtyard with a bandshell.
Where is this mixed-use property located?
The property is located at 707 E Washington St Orlando, FL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Five‑building historic campus in Thornton Park, blocks from Lake Eola; Includes four commercially zoned buildings with multiple retail/office suites; Extensive covered porches across the commercial buildings
