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216 South Park Avenue 216 S Park Ave 4,953 SF 100% Leased Retail Building Winter Park, FL 32789 For Sale
INVESTMENT HIGHLIGHTS
- Iconic Mixed Use Property in the Heart of Winter Park, FL
- Office Space Overlooking Central Park, Fully Leased to Best in Class Regional Businesses on Shorter Term Leases, Enabling Potential Owner Occupancy
- Neighboring Tenants include Bank of America, Pottery Barn, Restoration Hardware, Chico’s, Warby Parker, William Sonoma & Lily Pulitzer
- Ground Floor Retail Anchored by Recognized and Beloved Local Operator, Pannullo’s Italian Restaurant
- Low Single Digit Retail & Office Vacancy in Downtown Winter Park (1-3%)
- 216 South Park is Midblock of the Busiest Block on Park Avenue – Epicenter positioning for Winter Park Art Show and Seasonal Events
EXECUTIVE SUMMARY
Presenting 216 South Park Avenue, A High Street Retail & Office Investment Located in the Heart of Downtown Winter Park, Florida.
For the first time in nearly 50 years, qualified investors have an opportunity to acquire the trophy asset at 216 South Park Avenue, Winter Park Florida (the “Property” or “216 S. Park Ave”).
216 S. Park Ave features a 4950 Square Foot mixed use building that has been continuously 100% leased for decades. The Property is in the middle of the action on the Orlando MSA’s most trafficked pedestrian corridor and is surrounded by Park Avenue’s many world class retail and dining venues. Anchored by longstanding local tenants, 216 S. Park Ave gives the investor immediately predicable cash-flow coupled with tremendous upside in future retail and office rental rate appreciation.
Ownership and McConnell Capital respectfully insist that interested parties refrain from approaching tenants at the Property. This sale offering is for real estate only, all business operating on premises will remain such, pursuant to their respective leases.
Tours of the Property must be coordinated with McConnell Capital who will accompany all parties while on Property.
For the first time in nearly 50 years, qualified investors have an opportunity to acquire the trophy asset at 216 South Park Avenue, Winter Park Florida (the “Property” or “216 S. Park Ave”).
216 S. Park Ave features a 4950 Square Foot mixed use building that has been continuously 100% leased for decades. The Property is in the middle of the action on the Orlando MSA’s most trafficked pedestrian corridor and is surrounded by Park Avenue’s many world class retail and dining venues. Anchored by longstanding local tenants, 216 S. Park Ave gives the investor immediately predicable cash-flow coupled with tremendous upside in future retail and office rental rate appreciation.
Ownership and McConnell Capital respectfully insist that interested parties refrain from approaching tenants at the Property. This sale offering is for real estate only, all business operating on premises will remain such, pursuant to their respective leases.
Tours of the Property must be coordinated with McConnell Capital who will accompany all parties while on Property.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,953 SF
Building Class
C
Year Built/Renovated
1920/2000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.42
Lot Size
0.08 AC
Zoning
C-2 - General Commercial
Frontage
25’ on Park Avenue
Walk Score®
Walker's Paradise (96)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-2230-9400-39-090 | Improvements Assessment | $4,869,085 CAD |
| Land Assessment | $710,075 CAD | Total Assessment | $5,579,160 CAD |
PROPERTY TAXES
Parcel Number
05-2230-9400-39-090
Land Assessment
$710,075 CAD
Improvements Assessment
$4,869,085 CAD
Total Assessment
$5,579,160 CAD
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