Address5047 West Colonial Drive, ORLANDO, FL, 32808

Price$1,800,000

  • Commercial Sale
  • 2,785 SQ FT
  • Built in 1956

This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, and new 1000 sqft storage area) in the beginning of 2023. Modern Awnings are expected to be installed still this year (2023) at current owner's investment. This modern construction with block outer walls and impeccable design could be the recession resistant investment you’re looking for, currently leased to a well established Car Dealership in Orlando area that’s been operating for 7+ years. This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,785 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display. Investors’ special! Current lease at $9,000.00 / month NNN, which averages 6% cap rate at current listing price. Please review brochures and disclosures for extra information. Rates and information are from sources we deem reliable and is subject to change without notice according to change in price and conditions. Any and all information contained in the description is being provided without any representation or warranty, express or implied, as to the accuracy or completeness of the information.

Essential Information

  • MLS® #O6136691
  • Price$1,800,000
  • Bathrooms0.00
  • Square Footage2,785
  • Acres0.47
  • Price/SqFt$646 USD
  • Year Built1956
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address5047 West Colonial Drive
  • AreaOrlando/Pine Hills
  • CityORLANDO
  • CountyOrange
  • StateFL
  • Zip Code32808

Amenities

Interior

  • CoolingOffice Only
  • # of Stories1

Exterior

  • FoundationBasement, Slab

Additional Information

  • Date ListedAugust 24th, 2023
  • Days on Market252
  • ZoningC-2

Listing Details

Parking

Electric Vehicle Charging Station(s), Lighted, Over 30 Spaces

Lot Description

Corner Lot, City Limits, Out Parcel

Office

SUMMERHILL REALTY GROUP LLC

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Similar Listings To: 5047 West Colonial Drive, ORLANDO

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