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121-189 S Orange Ave - The Plaza 6,401 SF Office Condo Unit Offered at $2,202,287 CAD in Orlando, FL 32801
Investment Highlights
- CLASS A OFFICE SPACE
- 6,401 SQFT divided into two units 1450-1470
Data Room Click Here to Access
- Offering Memorandum
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | 26-22-29-7156-14500, 26-22-29-7156-14-700 |
| Cap Rate | 5.96% |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| APN/Parcel ID | 26-22-29-7156-14500, 26-22-29-7156-14-700 |
Description
Two Units for sale in The Plaza Downtown's North Tower. Occupy one and collect rent on the other, great for future expansion.
- 4,538 SSF + 1,863 SSF = Total 6,401 SSF
Unit 1450-1470
- Open Concept Workspace
- Large Balcony overlooking
Orange Ave
- Corner Unit
- Large Conference Room
- Small conference room
- Private office
- Kitchen/ break room
Unit 1450
- 1,683 Sq. Ft.
- Double door entry directly off elevator
- New Paint and wood laminate flooring
- Views of Downtown and Lake Eola
- Floor to ceiling glass
- High end finishes throughout
Private offices, Reception, break and
conference rooms
Sale Notes
LCRE Group at Remax Direct presents a prime investment in downtown Orlando’s Plaza Building – North Tower. This sale includes two income-producing office units totaling 6,401 sq. ft. Unit 1450N (4,538 sq. ft.) is a corner space with a balcony overlooking Orange Ave, featuring an open layout, conference rooms, private offices, a kitchen, and a breakroom, leased until March 31, 2027. Unit 1470N (1,683 sq. ft.) has a double-door entry, new paint, wood laminate floors, private offices, a reception area, a breakroom, and conference rooms with floor-to-ceiling windows showcasing downtown Orlando and Lake Eola, leased until October 31, 2026. This is a fantastic opportunity to acquire an income-generating asset in a prime location. CAP RATE at 5.7% NOI: $88,312.00
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 1450/1470N | 6,401 SF | Office | $2,202,287 CAD ($344.05 CAD/SF) | $131,252.01 CAD |
Unit 1450/1470N
| Unit Size |
| 6,401 SF |
| Condo Use |
| Office |
| Price |
| $2,202,287 CAD ($344.05 CAD/SF) |
| NOI |
| $131,252.01 CAD |
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Unit 1450/1470N
| Unit Size | 6,401 SF |
| Condo Use | Office |
| Price | $2,202,287 CAD ($344.05 CAD/SF) |
| NOI | $131,252.01 CAD |
| Sale Type | Investment |
| Cap Rate | 5.96% |
| APN/Parcel ID | 26-22-29-7156-14500, 26-22-29-7156-14-700 |
| Description | |
| Two Units for sale in The Plaza Downtown's North Tower. Occupy one and collect rent on the other, great for future expansion. <br> <ul style="list-style: disc; padding: 0px 0px 0px 40px"><li> 4,538 SSF + 1,863 SSF = Total 6,401 SSF<br> Unit 1450-1470<br> </li><li> Open Concept Workspace<br> </li><li> Large Balcony overlooking<br> Orange Ave<br> </li><li> Corner Unit<br> </li><li> Large Conference Room<br> </li><li> Small conference room<br> </li><li> Private office<br> </li><li> Kitchen/ break room<br> Unit 1450<br> </li><li> 1,683 Sq. Ft.<br> </li><li> Double door entry directly off elevator<br> </li><li> New Paint and wood laminate flooring<br> </li><li> Views of Downtown and Lake Eola<br> </li><li> Floor to ceiling glass<br> </li><li> High end finishes throughout<br> Private offices, Reception, break and<br> conference rooms</li></ul> | |
| Sale Notes | |
| LCRE Group at Remax Direct presents a prime investment in downtown Orlando’s Plaza Building – North Tower. This sale includes two income-producing office units totaling 6,401 sq. ft. Unit 1450N (4,538 sq. ft.) is a corner space with a balcony overlooking Orange Ave, featuring an open layout, conference rooms, private offices, a kitchen, and a breakroom, leased until March 31, 2027. Unit 1470N (1,683 sq. ft.) has a double-door entry, new paint, wood laminate floors, private offices, a reception area, a breakroom, and conference rooms with floor-to-ceiling windows showcasing downtown Orlando and Lake Eola, leased until October 31, 2026. This is a fantastic opportunity to acquire an income-generating asset in a prime location. CAP RATE at 5.7% NOI: $88,312.00</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 500,000 SF | Floors | 21 |
| Property Type | Office (Condo) | Typical Floor Size | 1,900 SF |
| Property Subtype | Office/Residential | Year Built | 2006 |
| Building Class | A | Lot Size | 2.19 AC |
| Zoning | AC-3A/T/HP - High-density downtown business district | ||
| Total Building Size | 500,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office/Residential |
| Building Class | A |
| Floors | 21 |
| Typical Floor Size | 1,900 SF |
| Year Built | 2006 |
| Lot Size | 2.19 AC |
| Zoning | AC-3A/T/HP - High-density downtown business district |
Amenities
- 24 Hour Access
- Banking
- Controlled Access
- Conferencing Facility
- Courtyard
- Food Service
- Property Manager on Site
- Restaurant
- Security System
- Signage
- Outdoor Seating
- Air Conditioning
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Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Major Tenant Information
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| CMX Cinemas |
-
|
December 2025
|
| Aimark |
-
|
September 2023
|
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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121-189 S Orange Ave - The Plaza
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