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254 N Division St
Oviedo, FL 32765
Retail Property For Sale

Investment Highlights

  • In-place income: Cucinella's Brick Oven Pizzeria, ~4 yrs remaining, 5% annual escalations
  • Corner mixed-use parcel fronting Oviedo on the Park / Center Lake
  • Affluent trade area — ~$113K median HH income within 1 mile
  • Value-add: renovated upstairs apartment — vacant
  • Flexible MUDHDP downtown mixed-use zoning
  • Walkable downtown Oviedo; near UCF and the Orlando metro

Executive Summary

Two-story mixed-use building on a corner parcel directly fronting Center Lake at downtown Oviedo on the Park, in affluent Seminole County. The ground floor is leased to Cucinella's Brick Oven Pizzeria with approximately four years of term remaining and 5% annual rent escalations, providing in-place income. The second-floor unit is a renovated apartment with a private lake-view balcony — currently vacant — offering value-add upside to lease, owner-occupy, or reposition under flexible MUDHDP mixed-use zoning. Corner location on the roundabout with strong demographics: roughly $113,000 median household income within one mile and a growing Orlando-metro trade area near UCF. Ideal for an investor seeking income plus upside, or an owner-user.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
1,298 SF
Building Class
C
Year Built
1981
Price
$424,777 CAD
Price Per SF
$327.26 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.21 AC
Zoning
MUDHDP - mixed-use building located at 254 N Division St, Oviedo, FL 32765. The property is further identified as Parcel #10-21-31-300-0630-0000. More specific
Parking
13 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
122’ on Division St

Amenities

  • 24 Hour Access
  • Banking
  • Conferencing Facility
  • Corner Lot
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Waterfront
  • Enclosed Mall
  • Storage Space
  • Air Conditioning
  • Balcony
  • Fiber Optic Internet

Property Taxes

Property Taxes

Parcel Number
10-21-31-300-0630-0000
Land Assessment
$146,408 CAD
Improvements Assessment
$123,396 CAD
Total Assessment
$269,804 CAD
  • Listing ID: 41060341

  • Date on Market: 2026-06-25

  • Last Updated:

  • Address: 254 N Division St, Oviedo, FL 32765

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