254 N Division St - Storefront Retail/Office FOR SALE


Oviedo, FL 32765- East Outlying-Seminole
$299,000 USD
407-765-9020
254 N Division St, Oviedo, FL for Sale
$299,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | Request Cap Rate

254 N Division St
Oviedo, FL 32765
East Outlying-Seminole


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$299,000 USD

PRICE/SF

$230 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

MUDHDP

APN/PARCEL ID

10-21-31-300-0630-0000

ASK ABOUT THIS PROPERTY

David WeissColdwell Banker Residential BrokerageMore Info
407-765-9020

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David WeissColdwell Banker Residential BrokerageMore Info
407-765-9020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.