4404 Edgewater Dr - Storefront Retail/Residential FOR SALE


Orlando, FL 32804
$2,950,000 USD
407-353-6391
4404 Edgewater Dr, Orlando, FL for Sale
$2,950,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | Request Cap Rate

NEW


4404 Edgewater Dr
Orlando, FL 32804


HIGHLIGHTS

  • 1.29 Acre Lake Front - Lake Front
  • Existing Event Venue
  • Prime for Redevelopment
  • Easy Access to Orlando
  • Commercial & Residential
  • Sunset Views

OVERVIEW

1.29 Acres - Lake Front, High Intensity Future Land Use This conveniently located Lake Fairview site can be used commercially as is as an event / entertainment venue or can be redeveloped for use as a hospitality center, hotel, lake front resort project, restaurant, multifamily, luxury condominium, short term rental, medical facility, independent living, senior care or any of multiple street front retail /commercial uses. The property is ideally located at the end of West Fairbanks Avenue on Lake Fairview just north of Orlando in College Park and less than one mile from I-4. The properties are located on the eastern shore of Lake Fairview and provide lake/boat access and dramatic sunset views. Surrounding nearby properties include commercial and residential developments. The combined 1.29 Acre lakefront parcels include existing structures that are presently used as a 4,112 SF event center / winery, a retail store, two apartments and a three bed, one bath lake front cottage. The properties are located in Orange County and are subject to the uses in Orange County’s 2050 Comprehensive Plan. The Future Land Use is T5.2 which allows for 50 residential units per acre and a maximum FAR of 3.0 providing many unique long-term redevelopment options. This classification provides the opportunity to develop a boutique hotel, luxury apartment, townhome or condominium residences or numerous commercial business applications. The nearby College Park and Winter Park areas are highly desirable residential living locations. The immediate area is seeing rapidly increasing development and growth due to its ideal and easily assessable location. Numerous properties along Edgewater have changed hands over the past three years, as long term use and re-development plans take shape. Contact the broker regarding property details or to arrange a tour. Parcels to be sold combined.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Four Combined Lake Fairview Parcels!

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.29 AC

LAND SF

56,192 SF

ZONING

C-1

APN/PARCEL ID

03-2229-0000-00-029

ASK ABOUT THIS PROPERTY

Mark ArnoldKW Commercial - Orlando CentralMore Info
407-353-6391

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Mark ArnoldKW Commercial - Orlando CentralMore Info
407-353-6391

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