Listed by 4 Acre Commercial Real Estate
$3,500,000
The Veranda at Thornton Park
Details
Property Type Retail, Office
Sub Type Restaurant, venue
Square Footage 7,733
Tenancy Vacant
Buildings 5
Acreage 4.000
Zoning ORL-PD/T/HP/SP, ORL-AC-N/T/HP/SP
Investment Type Owner/User
Retail | 7,733 SqFt
Marketing description
Woven into the fabric of the Thornton Park neighborhood, The Veranda at Thornton Park is a rare, five‑building historic campus just blocks from Lake Eola. The portfolio brings together four commercial buildings—featuring multiple retail/office suites, extensive covered porches, a bandshell, and a lush ~6,000 SF event courtyard—plus a single‑family residence with a swim‑ ming pool for VIP lodging or hospitality. Following a year‑long Zoning, Growth Management, and Future Land Use change with the City of Orlando, the commercially zoned buildings are now eligible to be housed under a single SFS Liquor License, creating a powerful platform for event, food & beverage, and hospitality operators
Investment highlights
- Location: Thornton Park, downtown‑adjacent; blocks from Lake Eola.
- Portfolio: Four commercial buildings + one single‑family residence with pool.
- Outdoor Heart: ~6,000 SF central courtyard ringed by five restored historic buildings; on‑site bandshell.
- Liquor Strategy: Commercial buildings eligible for a single SFS Liquor License—maximize bar/event synergie
- Under Renovation: Capital program in motion—capture upside and influence final finishes.
- Potential F&B Anchor: 707 E Washington is ready for a coffee house, restaurant operator or bar & lounge with new SFS Liquor License now allowed on property
- Retail Flex: First‑floor retail potential in multiple houses; ideal for bridal, floral, bakery, gallery, or specialty tenants.
- Hospitality Ready: Two buildings have operated as short‑term rentals/ VRBO, de‑risking extended‑stay or suite concepts
- Porch Culture: Expansive covered verandas for VIP lounges, cocktail hours, sponsor activations, or retail spill‑out.
- Historic cachet + modern entitlements in a downtown‑adjacent district.
- Campus format supports weddings, private parties, corporate offsites, and community festivals.
- Multiple income streams across events, retail, F&B, short‑term lodging, and office
- Limitless Potential: From coffee house to bar & lounge with liquor service permitted via recent zoning change, your options for F&B are limitless
- License Strategy: Part of the portfolio eligible for single SFS Liquor Li‑ cense coverage—seamless service campus‑wide (per local requirements)
- Second Floor: Office suites above—ideal for ownership, catering HQ, bridal coordination, or production teams
- Courtyard Interface: Direct spill‑out for receptions, tastings, VIP lounges, or event buy‑outs
- Programming Ideas: Speakeasy nights, cocktail classes, pre‑function welcome bars, late‑night receptions, ticketed tastings.
- Positioning Angle: Make this the hospitality heartbeat—capture event beverage margins and drive day‑to‑night revenue.
- Use Mix: Boutique first‑floor retail (bridal, floral, tasting room, gallery) + upstairs office/green rooms.
- Use Mix: Boutique first‑floor retail (bridal, floral, tasting room, gallery) + upstairs office/green rooms.
- Event Role: Bridal/groom suites, breakout rooms, sponsor hospitality, or VIP check‑in.
- Adjacency: Easy access to courtyard and bandshell sightlines
- A character‑rich address for revenue‑generating retail that also supports event operations.
- Use Mix: Retail/showroom at grade with flex office above.
- Event Role: Green rooms, production HQ, content studio, or silent auction gallery
- Porch Life: Covered porch expansion for pop‑ups and sip‑and‑shop activations
- Monetization: Short‑term licenses for brand takeovers during festivals or city‑wide events.
- A turnkey canvas for brands and creative firms that profit from event adjacency
- Hospitality: Layout well‑suited to overnight suites or executive day‑use; complements the campus’s event engine.
- Flex: Convert rooms to hair/makeup, childcare suite, or corporate breakout.
- Connection: Quick path to the courtyard while feeling tucked away.
- High‑margin hospitality and premium client experience in a private setting.
- Amenities: Private swimming pool elevates wedding weekends, VIP talent stays, or executive retreats.
- Use Cases: Bridal weekends, donor hosting, influencer content creation, chef’s table dinners.
- Strategy: Premium nightly rate potential and package leverage (lodging + venue + F&B).
- Differentiate every proposal with on‑site lodging and leisure..
Listing Contacts
Listed by 4 Acre Commercial Real Estate
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