1500 Princeton Street, ORLANDO, FL 32804
Request More Information
  • All fields are required.
  • MLS#: O6329511 ( Commercial Sale )
  • Street Address: 1500 Princeton Street
  • Viewed: 1
  • Price: $565,000
  • Price sqft: $362
  • Waterfront: No
  • Year Built: 1955
  • Bldg sqft: 1562
  • Days On Market: 79
  • Additional Information
  • Geolocation: 28.5709 / -81.402
  • County: ORANGE
  • City: ORLANDO
  • Zipcode: 32804
  • Provided by: FLA REAL ESTATE SERVICES
  • Contact: John Tilton
  • 321-436-4911
  • mfrmls
  • DMCA Notice
  • Description
    Prime Commercial Property for Sale Corner of Rio Grande & Princeton, Orange CountyUnlock the potential of this fully renovated, small commercial property, ideally zoned for store, office, or residential use, situated on the coveted corner of Rio Grande and Princeton in Orange County, Florida. Nestled between the vibrant College Park neighborhood and the transformative $480700 million Dr. Phillips Packing District redevelopment, this property boasts an unbeatable location for businesses seeking high visibility and growth potential. Recently upgraded from top to bottom, the property features a new roof, modern flooring, updated siding, fresh paint, AC upgrades, ensuring a move in ready space for your business or tenants. Strategically positioned just steps from the Packing District, a 202 acre mixed use project (20182033+), this property is poised to capitalize on the areas economic surge. The Packing Districts key developments310 luxury Cannery apartments, 135 upscale Brix townhomes, a 22,400 square foot food hall, a new Publix, a microbrewery, and a multi story office building (broke ground June 2025)will drive significant foot traffic and attract high income residents. Additionally, a 104 acre regional park with tennis courts, trails, and a pavilion, alongside a 24,500 square foot YMCA, positions the area as a wellness and community hub, enhancing demand for nearby retail and office spaces.College Park, just east of the property, adds to its appeal with its walkable, small town charm and affluent demographic (median household income: $113,466). Edgewater Drive, the neighborhoods bustling commercial spine, is lined with boutique shops, cafes, and restaurants, drawing professionals and families. With a population of approximately 13,86121,076 and a crime rate significantly lower than Orlandos average, College Park offers a safe, community oriented environment. Its proximity to downtown Orlando (5 minutes), I 4, and attractions like Universal Studios (10 miles) further boosts its desirability for businesses catering to lifestyle oriented tenants, such as cafes, fitness studios, or professional offices.The propertys high traffic corner location ensures excellent exposure for advertising, ideal for signage and brand visibility. Infrastructure upgrades from the Packing District, including a traffic calming roundabout, bike lanes, and a narrowed Princeton Street, enhance pedestrian and vehicular access, seamlessly connecting the property to College Parks vibrant core. While some College Park residents have raised traffic concerns, mitigation measures are in place, minimizing risks. The projects sustainability focus and adaptive reuse of historic structures align with market trends, promising long term property value appreciation.This is a rare opportunity to invest in a turnkey commercial property in a thriving, rapidly evolving area. Whether youre launching a boutique retail shop, professional office, or residential rental, this location offers unmatched potential for growth and returns. Monitor Packing District milestones to optimize your investment timing in this dynamic Orlando hotspot.
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete, Luxury Vinyl
  • Living Area: 1562.00
  • Roof: Membrane
Property Information
  • Property Condition: Completed
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Parking Spaces - 1 to 5
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 150 Amp Service
  • Road Frontage Type: Main Throrughfare
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Capable, Electricity Available, Water Connected
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: N 80 FT OF E 130 FT OF SE1/4 OF SW1/4 OFSEC 15-22-29 (LESS STREET ON EAST PER OR 181/228 & LESS ST RD R/W ON N)
  • Area Major: 32804 - Orlando/College Park
  • Occupant Type: Vacant
  • Parcel Number: 15-22-29-0000-00-015
  • Zoning Code: I-G/W/RP