Commercial Redevelopment Opportunity on Highway 192 – Kissimmee, FL

Commercial Redevelopment Opportunity on Highway 192 – Kissimmee, FL

Commercial Redevelopment Opportunity on Highway 192 – Kissimmee, FL 2560 1707 Prakas & Co
  • Commercial Property For Sale

Description

📍 7516 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34747
💰 Asking Price: $8,999,000
📐 Building Size: 16,980 SF (15,900 Net Rentable SF)
🌐 Lot Size: 2.53 Acres
📊 Price/SF: $530.04
📌 Zoning: CT – Commercial Tourist
🚗 Parking: 138 Spaces
🏗️ Development Potential: 3,400± SF of available development area


Property 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


Investment Highlights

  • 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


Ideal Uses

  • 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


Broker Contact

Jimmy Layson
📞 407.749.3694
📧 jlayson@prakascompany.com
Prakas & Co | FL License # SL-690031
📍 1800 NW 1st Court, Boca Raton, FL 33432

  • Size: 16,980
  • Zoning: CT - "Commercial Tourist Zoning"

This commercial property is located in is currently and has been listed on Prakas & Co. This property is listed at $ 8,999,000.00 and is listed as 16980 sq ft. 

REQUEST MORE INFORMATION

    Description

    📍 7516 W Irlo Bronson Memorial Hwy, Kissimmee, FL 34747
    💰 Asking Price: $8,999,000
    📐 Building Size: 16,980 SF (15,900 Net Rentable SF)
    🌐 Lot Size: 2.53 Acres
    📊 Price/SF: $530.04
    📌 Zoning: CT – Commercial Tourist
    🚗 Parking: 138 Spaces
    🏗️ Development Potential: 3,400± SF of available development area


    Property 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


    Investment Highlights

    • 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


    Ideal Uses

    • 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


    Broker Contact

    Jimmy Layson
    📞 407.749.3694
    📧 jlayson@prakascompany.com
    Prakas & Co | FL License # SL-690031
    📍 1800 NW 1st Court, Boca Raton, FL 33432

    • Size: 16,980
    • Zoning: CT - "Commercial Tourist Zoning"

    This commercial property is located in is currently and has been listed on Prakas & Co. This property is listed at $ 8,999,000.00 and is listed as 16980 sq ft. 

    REQUEST MORE INFORMATION

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