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ORLANDO, FL 32804 1500 W PRINCETON STREET

OPEN HOUSE Tue, Jul 29 2025 05:00 PM - 07:00 PM
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Presented By: FLA REAL ESTATE SERVICES with 321-436-4911. - 407-668-4396
  • MLS# O6329511
  • 07/25/2025
  • Request Tour
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  • SQFT • 1,562

Home Details

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 $480–700 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 (2018–2033+), this property is poised to capitalize on the area’s economic surge. The Packing District’s key developments—310 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 neighborhood’s bustling commercial spine, is lined with boutique shops, cafes, and restaurants, drawing professionals and families. With a population of approximately 13,861–21,076 and a crime rate significantly lower than Orlando’s 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 property’s 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 Park’s vibrant core. While some College Park residents have raised traffic concerns, mitigation measures are in place, minimizing risks. The project’s 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 you’re 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.
Presented By: FLA REAL ESTATE SERVICES with 321-436-4911. - 407-668-4396

Interior Features for 1500 W PRINCETON STREET

Bathrooms

Total Baths

Other Interior Features

LivingAreaSourcepublic records
Air Conditioning Y/NYes
Flooringconcrete, luxury vinyl
Total Stories1

General for 1500 W PRINCETON STREET

Additional Parcels Y/NNo
Building Area Unitssquare feet
Building Featuresbathrooms, extra storage
Cityorlando
Construction Materialsmetal siding
Coolingcentral air
Countyorange
Directionsfrom westbound on i-4 (from daytona beach/sanford), take exit 83 for us-17/92 (john young parkway/orange blossom trail). merge onto us-17/92 (s orange blossom trail):from i-4 east, turn left onto s
DockY/NNo
Electric150 amp service
Facing Directionnorth
Flood Zone Codex
Flood Zone Code XY
HOANo
Legal Descriptionn 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)
Listing Termscash, conventional, owner may carry
Living Area Unitssquare feet
Lot Size Square Feet5928
Lot Size Unitssquare feet
MLS Area32804 - orlando/college park
ModificationTimestamp2025-07-27t02:12:59.270z
New ConstructionNo
Occupancy Typevacant
Ownershipcorporation
Property Conditioncompleted
Property Subtypeoffice
Property Typecommercial sale
Roofmembrane
Sewerpublic sewer
Standard Statusactive
Statusactive
Tax Annual Amount5503.05
Tax Lot15
Tax Year2024
Utilitiesbb/hs internet capable, electricity available, water connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1955
Zoningi-g/w/rp

Exterior for 1500 W PRINCETON STREET

Building Area Total1562
Foundation Detailsslab
Lot Size Acres0.14
Lot Size Area5928
Number of Buildings1
Parking Features1 to 5 spaces
Road Frontage Typemain throrughfare
Road Surface Typeasphalt
Water Sourcepublic
Waterfront Y/NNo

Additional Details

Price History

Steven Silcock

Broker Owner
Price $595,000
MLS#O6329511
List Date 07/25/2025
Property Type Commercial
Phone 407.574.0218
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