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1881 W FAIRBANKS AVENUE

Commercial Active With Contract
$700,000

BTC: 11.32686084

ETH: 400.91638030

30 days
0 room(s)
1,264 sqft

Overview

Under contract-accepting backup offers. Great investment opportunity in Winter Park. This is the first time this property has been available since 1979. This location is part of the City of Winter Park Community Redevelopment Agency (CRA) 2024 expansion that added +/- 142 acres and takes in a transitioning, former industrial area along the West Fairbanks Avenue corridor, west of US Hwy 17-92.   The West Fairbanks Avenue Expansion area contains 307 parcels, composing 142 +/- acres, and is generally bounded by the West Fairbanks Avenue corridor to the north, Interstate 4 to the west and Minnesota Avenue to the south. Current tenant in place until 2035. Approximately 11 parking spaces on site. Call/text for more information.

Location

Florida • WINTER PARK • 32789 • Commercial • Active With Contract

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1968
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
$554
Cooling:
Mini-Split Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$367,000
$195K – $1.2M
Confidence Low
List vs. estimate
$333K above estimate
List $700,000 · +90.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$553
+264.1% vs. city median $152
Based on
8 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,333
2025
All facts and features

  • Cooling

    • Mini-Split Unit(s)

  • Property

    • Levels: One

    Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 122229407604160

    • Zoning: C-3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Business

  • Other financial information

    • Annual tax amount: $6,333

  • Source details

    • MLS ID: O6401500

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Living Area: 1264

    • Subdivision Name: KAROLINA ON KILLARNEY

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
32789
195
median $1.2M
Active
Same city
WINTER PARK
362
median $639K
Active
Same type
Commercial
12
median $325K
Active
Similar price
$489K – $910K
83
median $649K
Active

The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: COLDWELL BANKER REALTY