Commercial Sale · Office
420 W CHERRY STREET, KISSIMMEE, FL, 34741
Active894 days on marketListed Feb 29, 2024MLS #S5100492
About this property
The property at a glance
Located in the heart of Kissimmee's renowned Medical District in downtown Kissimmee, this exceptional commercial property presents a rare redevelopment opportunity within the third-largest concentration of medical businesses in Central Florida. The existing structure sustained severe fire damage, and the owners are evaluating demolition to provide a cleared site ready for new construction. Situated on two combined parcels totaling approximately 0.86 acres, the property offers ample space for parking and the flexibility to design and construct a facility tailored to your specific needs. Surrounded by established healthcare providers and medical offices, this premier location is ideally suited for a medical practice, professional office, owner-user, or investor seeking to develop in one of the area's most desirable healthcare corridors. With outstanding visibility, convenient access, and a strong network of neighboring medical professionals, this is an exceptional opportunity to create a custom facility in one of Kissimmee's most sought-after commercial locations.
1,751
Building sq ft
$399
Price / sq ft
0.86
Lot acres
1955
Year built
1
Unit
1
Building
KB3
Zoning
Office
Property type
The numbers
Investment snapshot
$699,000
Price / unit
1
Unit
Estimated payment (illustrative)
Estimated payment
$3,654/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Kevin to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
2,542
Population
$33,872
Median income
48
Median age
2
Avg household
$198,552
Median home value
$956/mo
Median rent
296
Households w/ kids
Consumer profile
Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
These people are hunting discounts, contests, and promotions. The population loves a good sale, and they can't wait to share their bargain finds and winnings with friends and family.
Morning java. Cup of Joe. Caffeine in an IV. Whatever they call it, this population loves coffee and the culture around it.
These citizens want to make their neighborhood a better, more beautiful place to live. They're attentive to the needs and affairs of the local community.
Recent sales
What actually sold near 420 W CHERRY STREET
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$7,200
12 S CLYDE AVENUE
1,598 sqft · $5/sqft · Sold Oct 18, 2025
$35,004
104 CHURCH STREET
1,750 sqft · $20/sqft · Sold Jun 3, 2026
$32,606
1200 N CENTRAL AVENUE UNIT 208
1,918 sqft · $17/sqft · Sold Jul 7, 2025
Your team
The pros in your corner
Your agent
Kevin Johnson
CEO & Managing Broker · CENTURY 21 Edge
Tours, offers, and every question about 420 W CHERRY STREET — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 420 W CHERRY STREET.
See it in person
Schedule a tour
Live availability from Kevin's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of KELLER WILLIAMS LEGACY REALTY · Teresa Reilly-O'Doherty. MLS #S5100492.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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