1500 W Princeton Street Orlando, FL 32804
For Sale MLS# O6329511
1,562 sq ft Commercial
Details for 1500 W Princeton Street
MLS# O6329511
Description for 1500 W Princeton Street, Orlando, FL, 32804
Prime Commercial Property for Sale – Corner of Rio Grande & Princeton, Orange CountyUnlock the potential of this fully renovated, small commercial property, ideally zoned for store, office, or residential use, situated on the coveted corner of Rio Grande and Princeton in Orange County, Florida. Nestled between the vibrant College Park neighborhood and the transformative $480–700 million Dr. Phillips Packing District redevelopment, this property boasts an unbeatable location for businesses seeking high visibility and growth potential. Recently upgraded from top to bottom, the property features a new roof, modern flooring, updated siding, fresh paint, AC upgrades, ensuring a move-in-ready space for your business or tenants. Strategically positioned just steps from the Packing District, a 202-acre mixed-use project (2018–2033+), this property is poised to capitalize on the area’s economic surge. The Packing District’s key developments—310 luxury Cannery apartments, 135 upscale Brix townhomes, a 22,400-square-foot food hall, a new Publix, a microbrewery, and a multi-story office building (broke ground June 2025)—will drive significant foot traffic and attract high-income residents. Additionally, a 104-acre regional park with tennis courts, trails, and a pavilion, alongside a 24,500-square-foot YMCA, positions the area as a wellness and community hub, enhancing demand for nearby retail and office spaces.College Park, just east of the property, adds to its appeal with its walkable, small-town charm and affluent demographic (median household income: $113,466). Edgewater Drive, the neighborhood’s bustling commercial spine, is lined with boutique shops, cafes, and restaurants, drawing professionals and families. With a population of approximately 13,861–21,076 and a crime rate significantly lower than Orlando’s average, College Park offers a safe, community-oriented environment. Its proximity to downtown Orlando (5 minutes), I-4, and attractions like Universal Studios (10 miles) further boosts its desirability for businesses catering to lifestyle-oriented tenants, such as cafes, fitness studios, or professional offices.The property’s high-traffic corner location ensures excellent exposure for advertising, ideal for signage and brand visibility. Infrastructure upgrades from the Packing District, including a traffic-calming roundabout, bike lanes, and a narrowed Princeton Street, enhance pedestrian and vehicular access, seamlessly connecting the property to College Park’s vibrant core. While some College Park residents have raised traffic concerns, mitigation measures are in place, minimizing risks. The project’s sustainability focus and adaptive reuse of historic structures align with market trends, promising long-term property value appreciation.This is a rare opportunity to invest in a turnkey commercial property in a thriving, rapidly evolving area. Whether you’re launching a boutique retail shop, professional office, or residential rental, this location offers unmatched potential for growth and returns. Monitor Packing District milestones to optimize your investment timing in this dynamic Orlando hotspot.
Listing Information
Property Type: Commercial, Office
Status: Active
Lot Size: 0.14 Acres
Square Feet: 1,562 sq ft
Year Built: 1955
Stories: 1 Story
Construction: Metal Siding
Construction Display: New Construction
Foundation: Slab
County: Orange
Construction Status: New Construction
Interior Features
Flooring: Concrete,Luxury Vinyl
Additional Interior Features: Storage
Utilities
Water: Public
Sewer: Public Sewer
Other Utilities: Electricity Available,High Speed Internet Available,Water Connected
Cooling: Central Air
Exterior / Lot Features
Parking Description: Parking Space(s)
Roof: Membrane
Driving Directions
From westbound on I-4 (from Daytona Beach/Sanford), take Exit 83 for US-17/92 (John Young Parkway/Orange Blossom Trail). Merge onto US-17/92 (S Orange Blossom Trail):From I-4 East, turn left onto S Orange Blossom Trail (US-17/92) northbound. From I-4 West, merge onto S Orange Blossom Trail (US-17/92) northbound. Travel North on S Orange Blossom Trail:Drive approximately 1.5 miles north on S Orange Blossom Trail. Turn Right onto W Princeton St:At the intersection of S Orange Blossom Trail and W Princeton St (near the Packing District’s iconic juice stand replica), turn right onto W Princeton St. Arrive at 1500 W Princeton St:Continue east on W Princeton St for about 0.2 miles. The destination, 1500 W Princeton St, will be on your left, just before the intersection with Rio Grande Ave, where your property is located on the corner.
Financial Considerations
Terms: Cash,Conventional,Owner May Carry
Tax/Property ID: 15-22-29-0000-00-015
Tax Amount: 5503.05
Tax Year: 2024
A broker reciprocity listing courtesy: FLA REAL ESTATE SERVICES
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1500 W Princeton Street
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1500 W Princeton Street
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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