Kissimmee Commercial Building Investment
105 E Cypress St Kissimmee, FL 34744
105 E Cypress St, Kissimmee, FL, 34744
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For Sale
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Two-unit commercial building in historic Kissimmee with parking.
Property Size1,568 SF
Price / SF$171.56
Days on Market920
Property Features for 105 E Cypress St
General Information
- Standard status
- Active
- Size
- 1,568 SF
- Property subtype
- Mixed Use, Office, Retail
Building Details
- Year Built
- 1948
Listing Agency
Century 21 Carioti
(407) 360-4435
Listed by
Sammy Nakhleh · License #3321921
Source
Crexi
Added: Jan 9, 2024 Checked: Jul 16 at 9:29 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 Century 21 Carioti
Investment Insights
Based on property information with market context.
This two-unit commercial building presents an investment opportunity in a historical area of Kissimmee. Situated on a corner lot, the property includes a parking lot across the street with space for 12 cars. The building features updated plumbing, a new electric panel, and a new roof installed in 2023. The exterior has been recently painted. Unit 1 is currently operating as a barber shop and includes a newer AC unit. Unit 2 is a Caribbean restaurant with a newer AC unit, new floors, new paint, and a new bathroom. Both units are currently generating income. The property has a size of 1568 square feet.
Key Highlights
- Income‑generating property with two tenant‑occupied units, currently a barber shop and Caribbean restaurant.
- Recent major renovations including: new plumbing, new electric panel, and a new roof installed in 2023.
- Dedicated parking lot across the street with space for 12 cars.
Local Financial Insights For Mixed Use
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 | $31.0k | $19.80 |
| − Vacancy | −$2.8k | −$1.78 |
| EGI | $28.3k | $18.02 |
| − OpEx | −$10.6k | −$6.76 |
| NOI | $17.7k | $11.26 |
1,568 SF · lease $19.80/SF/yr · vacancy 9.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$252.3K
$220.7K – $294.3K
NOI $17,658 @ 7.0% cap · market cap 6.56%
Second Best
Retail
$251.6K
$220.1K – $293.5K
NOI $17,609 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$376.8K
$329.7K – $439.6K
NOI $26,376 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
My Father Cars ...
Car Dealership
Dominique's kitchen Llc
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-unit commercial building in historic Kissimmee with parking.
Where is this mixed-use property located?
The property is located at 105 E Cypress St Kissimmee, FL.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Income‑generating property with two tenant‑occupied units, currently a barber shop and Caribbean restaurant.; Recent major renovations including: new plumbing, new electric panel, and a new roof installed in 2023.; Dedicated parking lot across the street with space for 12 cars.
