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Majestic Restaurant Lounge And Event Center

801 N. John Young Parkway, Orlando, Florida 32804
Sold: $3,300,000
Majestic Restaurant Lounge And Event Center

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
20,780 sqft
Land Size
2.76 acres
Zoning
AC2
Year Built
1980
Apn #
292221206900010
Parking
5.62 Spaces per 1,000 SF Lease
Frontage
208 FT on John Young Pky
Traffic Count
47336

Property Description

DESCRIPTION

Realty Capital is proud to present the Majestic Event Hall to market. This offering consists of over 20,000 feet of nightclub/event hall zoned building that sits on over 2.75 acres. The property has over 200 feet of frontage on John Young Parkway which is one of the main N/S roads in Orlando. The site is minutes from the heart of downtown Orlando and has been an event hall for many years. The site would be perfect for a restaurant, night club, event hall or even a daycare.

The current tenant is on a M-T-M lease and could be renewed or replaced depending on rental needs. Please contact Saxon Evans for more details. Similar locations in Orlando rent for between $13-$15 a foot NNN. The tenant has requested a 5 year renewal with a personal guarantee but this would be up to the new buyer.

HIGHLIGHTS

  • Close to Downtown Orlando
  • Heavy Day and Night Time Traffic
  • Concrete Construction With Very High Parking
  • Ratio

Website
Sale Brochure

Location

Contact

Ray G. Brunner
Ray G. Brunner
Coldwell Banker Sunstar