RETAIL BUILDING IN ORLANDO, FLA. SOLD FOR $3.3 MILLION

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Orlando, Fla. (October 13, 2021) — Coldwell Banker Commercial Sunstar Realty, Member Schmidt Family of Companies, represented the seller in the sale of a retail property currently housing the Majestic Restaurant Lounge and Event Center, located in Orlando, Fla. The property was sold to a private investor for $3.3 million.

Ray Brunner, CCIM, a commercial real estate professional with Coldwell Banker Commercial Sunstar Realty, represented the seller.

The property, built in 1980, is located at 801 N. John Young Pkwy., spans 20,780 square feet on 2.75 acres and has 223 parking spaces.

“This retail building presented a unique investment opportunity for potential continued retail use, as it’s favorably located in highly-trafficked downtown Orlando and within walking distance to Amway Center,” said Brunner.  

About Coldwell Banker Commercial Affiliates

Coldwell Banker Commercial Sunstar Realty, Member Schmidt Family of Companies, is the local affiliate of Coldwell Banker Commercial® and provides commercial real estate solutions serving the needs of owners and occupiers in the leasing, acquisition, and disposition of all property types. Since 1906, the Coldwell Banker Commercial brand has been a premier provider of real estate, recognized globally as a company that puts the client first while delivering individual, distinctly different service. With a collaborative network of independently owned and operated affiliates, the Coldwell Banker Commercial organization comprises almost 200 companies and more than 3,000 professionals throughout the U.S. and internationally. For additional information, visit www.cbcworldwide.com

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