Description

One or more photo(s) has been virtually staged. Prime Residential and Commercial Investment Opportunity in Colonialtown/Downtown Orlando! This well-located residential property at the corner of Hampton and Hillcrest offers a fantastic opportunity for both residential and commercial use. The detached 546 sq ft unit is currently under renovation and is planned to be fully remodeled into a 2-bedroom, 1-bathroom residential unit, creating great potential for rental or guest suite. Below this unit, there are two storage spaces being converted into apartments. We have the plans for two apartments.The main building offers 1,016 sq ft of heated and cooled office space. It features 2 private offices and a main space. This commercial space is perfect for professional offices, consulting businesses, or small companies looking for a central location in Downtown Orlando. The property sits on a large corner lot with 6 parking spaces and an improved parking area. The exterior features beautiful mature oak trees, lush landscaping, St. Augustine grass, and a full sprinkler system. The main office building has a roof installed in 2012, while the residential unit has a roof installed in 2020, and HVAC systems were updated in 2022 and 2023 for added comfort. Located just one block from Colonial Drive, this property offers convenient access to downtown Orlando, the courthouse, shops, restaurants, and public transportation. With new developments planned across the street, this property provides a great mix of residential and commercial potential in a prime location.