1922 Hillcrest Street

Description

Virtually Staged. Prime investment opportunity in the heart of Colonialtown / Downtown Orlando. This well-located office property on the corner of Hampton and Hillcrest offers excellent functionality along with additional income potential thanks to its detached secondary unit. The main building offers approximately 1,016 sq ft of heated and cooled space and features 2 private offices and a main open area, making it ideal for professional offices, consulting businesses, or small companies seeking a central location. At the rear of the property, a detached 546 sq ft unit with an enclosed 100 sq ft porch has been fully renovated and is configured as a 2-bedroom, 1-bathroom residential unit, providing a valuable income-producing opportunity. Below this unit, there are two storage bays planned to be converted into apartments, currently in the permitting process, with plans available. The building is separately metered for electricity, allowing flexible rental or business use. The property sits on an oversized corner lot with 6 parking spaces and an improved parking area. The main building features a roof installed in 2012, while the rear unit has a roof installed in 2020. HVAC systems were installed in 2022 and 2023, providing comfort and reliability. Beautiful mature oak trees, lush landscaping, St. Augustine grass, and a full sprinkler system enhance the exterior. Located just one block from Colonial Drive, the property offers convenient access to downtown Orlando, the courthouse, shops, restaurants, and public transportation. With new development planned across the street, this property offers immediate usability along with long-term investment potential in one of Orlando’s most desirable central locations.