227 Magnolia Ave Orlando, FL 32801-1825

Property Details for 227 Magnolia Ave

Year built

1954

Lot size

0.17 lot acres

Property size

14,144 SF

Zone code

AC-3A/T

Property type

Office buildings

APN

26-22-29-1712-00-043

APU

262229171200043

Description

This exceptional 13,911-square-foot creative office building in Orlando, Florida, presents a compelling value-add investment opportunity. Located at 227 N Magnolia Ave, in the heart of downtown, this two-story, Class C building, constructed in 1953, sits on a 0.17-acre lot and is zoned AC-3. The property boasts high visibility with direct frontage on Magnolia Avenue, a major thoroughfare with an average daily traffic count of 33,275 vehicles. Its strategic location places it near the heavily trafficked intersection with Robinson Street, just two blocks from the courthouse and Lake Eola Park, and directly on the Lynx bus line. Convenient access to major roadways, including Interstate 4, Colonial Drive (SR-50), Mills Avenue (US Hwy 17/92), and Orange Avenue, further enhances its appeal. Currently, the entire second floor is vacant, while the first floor has short-term lease obligations. This presents a unique chance to reposition the asset and capitalize on the strong demand for creative office space in this vibrant downtown location. The asking price is $3,500,000, translating to $251.60 per square foot. This property offers significant potential for investors seeking to enhance and maximize returns in a prime Orlando location.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.3773

Latitude

28.5452

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments