Listed by Prakas & Company
$8,999,000
7516 W Irlo Bronson Memorial Hwy
Details
Property Type Retail, Hospitality
Sub Type Restaurant, Shopping Center
Square Footage 16,980
Net Rentable (SqFt) 15,900
Price per SqFt $530
Broker Co-Op Yes
Acreage 2.530
Zoning CT – Commercial Tourist
Parking Spaces 138 spaces
Parking Per SqFt 8.13
Investment Type Redevelopment
Hospitality - Mix Use
Investment highlights
- Prime Hospitality/Mixed-Use Redevelopment site in the heart of Osceola County’s booming tourist corridor
- CT (Commercial Tourist) zoning allows for Hotel, Restaurant, Retail, and Special Purpose use
- Located directly on Irlo Bronson Hwy (US-192) between I-4 and SR-429 – minutes from Celebration and Margaritaville Resort
- 100,000+ vehicles weekly along Hwy 192 – one of the most trafficked tourist roads in Central Florida
- Current income-producing property with restaurant, office, and retail tenants in place
- Potential for Owner/Operator single-user flagship restaurant, or full-scale mixed-use redevelopment
- Tremendous Upside: Adjusting existing lease rates to current market can significantly increase Cap Rate and ROI
- Redevelopment Flexibility: Existing footprint allows for creative reuse, expansion, or a total repositioning of the asset
- Tourism-Driven Demand: The area benefits from year-round domestic and international visitors, enhancing tenant demand and retail traffic
- National or regional restaurant flagship location
- Boutique hotel or extended-stay concept
- Mixed-use development combining retail, F&B, entertainment, and lodging
- Destination attraction or brand-forward showcase site
- Development Potential: 3,400± SF of available development area
Listing Contacts
Listed by Prakas & Company
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