5047 COLONIAL DRIVE

City: | Subdivision:

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.

Basic Details
Property Type : Commercial Sale
Residential Sub Type
Commercial Sub Type : Retail
Listing Type : For Sale
Listing ID : MFRO6136691
Price : $1,800,000
Square Footage : 2,785 Sqft
Year Built : 1956
Lot Size : 20,386 Sqft
Status : Active
Days On Market : 269
Standard Status : Active
Features
: Office Only
: Interior Entry
: Smoke Detector(s) , Security System , Fire Alarm
0
: Tile
0
: Corner Lot , City Limits , Out Parcel
: Electric Vehicle Charging Station(s) , Over 30 Spaces , Lighted
C-2
Address Map
USA
FL
Orange
ORLANDO
32808
COLONIAL
5047
DRIVE
0
W82° 33' 2.3''
N28° 33' 10.5''
From I-4 West, take exit 84B. Property will be on your right side after heading West on W Colonial Dr for approximately 4 miles.
32808 - Orlando/Pine Hills
W
Neighborhood
Neighborhood
Additional Info
SUMMERHILL REALTY GROUP LLC
Joao Correia
$0
: Block
: Slab , Basement
: One
MFR261226652
MFR261012453
19-22-29-6954-08-043
: Public Sewer
: None
1
$11,705
2023
Click Here
08-24-2023
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5047 COLONIAL DRIVEORLANDO, Florida 32808

  • Square Footage: 2,785 Sqft
  • Visits : 181 in 255 days
$1,800,000
Listing ID#MFRO6136691
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Agent info
Jean Scott Homes
Keller Williams Advantage
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