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The District Building 532 W Church St 6,055 SF 100% Leased Retail Building Orlando, FL 32805 For Sale



Investment Highlights
- Premier Downtown Entertainment Location
- Established In-Place Tenancy
- Proximity to Transformational Westcourt Development
Executive Summary
First Capital Property Group proudly presents The District Building, a rare opportunity to acquire a character-rich, multitenant retail asset in the urban core of Downtown Orlando. Positioned at 532 W Church Street, just steps from the Kia Center, Inter & Co Stadium, and the broader Church Street entertainment corridor, the property offers investors a highly visible location within one of Downtown’s most active and evolving districts.
Originally constructed in 1922 and thoughtfully renovated, the ±6,055 SF, two-story building blends historic charm with a modern hospitality-driven presentation. The asset is currently occupied by two in-place tenants, The District GastroBar and Obsidian Cocktail Lounge, creating an established food and beverage presence with a distinctive identity in the market.
The offering is further strengthened by tangible real estate fundamentals that are increasingly difficult to replicate in Downtown Orlando, including frontage along Church Street, dedicated adjacent surface parking, and additional reserved parking rights in the nearby Plaza parking garage. This combination enhances accessibility for patrons and operators alike, while reinforcing the long-term desirability of the asset.
Positioned within immediate proximity to the emerging Westcourt development, a transformative mixed-use project representing an estimated $500 million investment in Downtown Orlando, The District Building stands to benefit from a significant infusion of new residential density, hospitality, and experiential retail activity. As Westcourt delivers additional foot traffic, destination appeal, and economic momentum to the surrounding area, the subject property is uniquely positioned to capture both near-term and long-term demand driven by this adjacent growth.
With its irreplaceable downtown positioning, adaptive historic character, and embedded experiential tenancy, The District Building represents a compelling acquisition for investors seeking a walkable core asset with strong identity, enduring relevance, and exposure to Downtown Orlando’s continued evolution.
Originally constructed in 1922 and thoughtfully renovated, the ±6,055 SF, two-story building blends historic charm with a modern hospitality-driven presentation. The asset is currently occupied by two in-place tenants, The District GastroBar and Obsidian Cocktail Lounge, creating an established food and beverage presence with a distinctive identity in the market.
The offering is further strengthened by tangible real estate fundamentals that are increasingly difficult to replicate in Downtown Orlando, including frontage along Church Street, dedicated adjacent surface parking, and additional reserved parking rights in the nearby Plaza parking garage. This combination enhances accessibility for patrons and operators alike, while reinforcing the long-term desirability of the asset.
Positioned within immediate proximity to the emerging Westcourt development, a transformative mixed-use project representing an estimated $500 million investment in Downtown Orlando, The District Building stands to benefit from a significant infusion of new residential density, hospitality, and experiential retail activity. As Westcourt delivers additional foot traffic, destination appeal, and economic momentum to the surrounding area, the subject property is uniquely positioned to capture both near-term and long-term demand driven by this adjacent growth.
With its irreplaceable downtown positioning, adaptive historic character, and embedded experiential tenancy, The District Building represents a compelling acquisition for investors seeking a walkable core asset with strong identity, enduring relevance, and exposure to Downtown Orlando’s continued evolution.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,055 SF
Building Class
C
Year Built
1922
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
AC-2/2
Frontage
108’ on Church St
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Obsidian Cocktail Lounge
- -
- -
- -
- -
- The District Gastrobar
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Obsidian Cocktail Lounge | - | - | - | - | ||
| The District Gastrobar | - | - | - | - |
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 26-2229-9268-00-023 | Improvements Assessment | $910,217 |
| Land Assessment | $166,767 | Total Assessment | $1,076,984 |
Property Taxes
Parcel Number
26-2229-9268-00-023
Land Assessment
$166,767
Improvements Assessment
$910,217
Total Assessment
$1,076,984
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The District Building | 532 W Church St
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