24 Broadway, Kissimmee, FL 34741 For Sale

Great Investment Opportunity to own a Historic retail strip center in Downtown Kissimmee, right in the boom of the redevelopment! Comprised of two, 2 story buildings, built in 1910 and 1920. Recent renovations include, new floor is some of the 2nd story office suites, bathroom remodels, 2 HVAC units, newer roof, exterior paint, walking deck on the rooftop. Zoned T5-M which supports retail, restaurants, office, residential above retail and hospitality in the same building and allows vertical development. Second building has an apartment with full kitchen and bathroom ,currently used as an office. The building has 2 active restaurants on site, one an end cap with patio. The CRA has several grants in place for Facade improvement, restaurant buildout, Historic preservation and rooftop activation for bars, patios and events. Reduced parking requirements, shared parking and public garage behind the building. Value Add opportunity, rents below market. Projected annual rental income from over $30k per month.

International Investor Opportunity

• Stable U.S. income-producing asset
• Florida’s business-friendly environment
• Downtown Kissimmee redevelopment momentum
• Redevelopment potential
• Opportunity for future mixed-use expansion
• Potential suitability for investors exploring U.S. immigration-by-investment strategies (subject to legal review)

All information must be verified with City planning and Zoning and the CRA.