Luxury Winter Park Office Investment Opportunity
400 West Morse Boulevard Winter Park, FL 32789
- 15,224 Square Feet
- For Sale
400 West Morse is a two (2) story office/retail building totaling 15,224 rentable square feet, situated on 0.69 acres along Morse Boulevard in Winter Park, FL. Originally constructed in 1975, the building underwent a major renovation project in 2005. As of July 2017, the building is 88.4% leased to six (6) tenants with one 1,764-square-foot vacancy. The major renovation in 2005 resulted in a majority of the major cost capital items being replaced, limiting a buyer’s exposure on these items going forward.
With rapidly improving market conditions for office, retail and multifamily/residential uses, a new owner will be well positioned to create significant value enhancement on this opportunity. A smaller owner/user could also utilize the building as a headquarter location by occupying a future vacancy with the ability to grow over time. For instance, Suite 101, comprising 1,764 square feet, will become available in September 2017, making 400 West Morse an ideal opportunity for a future owner/user to occupy the suite and expand within the building as they grow their business over time.
Lot Size: 0.69 Square Feet
Building Size: 15224 Square Feet
Area Available: 15,224 Square Feet