Address
5047 W Colonial DRIVE, ORLANDO, FL
Price
$ 1,800,000
Property Attributes
- MLS#O6136691
- TypeCommercial
- CountyORANGE
- CityORLANDO
- AreaOrlando-Pine Hills
- Zip32808
- StyleRetail
- Year Built1956
- Taxes$ 11705
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2785
- Lot Size0.47 Acres
Data Source:
Stellar MLS
Property Description
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.
| Price History | |
|---|---|
| 8/24/2023 | Listed $1,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Cooling | A/C - Office Only |
| Zoning | C-2 |
| Security Features | Fire Alarm,Security System,Smoke Detector(s) |
| Construction Materials | Block |
| Year Built | 1956 |
| Levels | One |
| Property SubType | Retail |
| Tax Year | 2023 |
| Percent Ownership | Sole Proprietor |
| County | Orange |
| New Construction | No |
| Property Type | Commercial Sale |
| Building Features | Bathrooms,Extra Storage,Fencing,Reception,Seating |
| Status | Active |
| Directions | 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. |
| ModificationTimestamp | 2023-09-25T02:30:04.013Z |
| City | ORLANDO |
| Buyer Agent Compensation | 2% |
| View Y/N | No |
| MLS Area | 32808 - Orlando/Pine Hills |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 20386 |
| Waterfront Y/N | No |
| Tax Annual Amount | 11705 |
| Property Condition | Completed |
| Additional Parcels Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/O6136691 |
| Days on Market | 148 |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Tax Lot | 5 |
| Legal Description | PINE HILLS SUB NO 8 T/68 BEG SW COR LOT 5 RUN W 135 FT N 150 FT E 135 FT S 150 FT TO BEG BLK H |
| Water Access Y/N | No |
| Water View Y/N | No |
| Flood Zone Code | X |
Interior Features
| Basement | Interior Entry |
|---|---|
| Flooring | Tile |
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Window Features | Impact Glass/Storm Windows,Shades |
| LivingAreaSource | Owner |
Exterior Features
| Parking Features | Electric Vehicle Charging Station(s),Lighted,Over 30 Spaces |
|---|---|
| Lot Features | Corner Lot,City Lot,Out Parcel |
| Water Source | Public |
| Lot Size Area | 20386 |
| Foundation Details | Basement,Slab |
| Number of Buildings | 1 |
| Building Area Total | 2785 |
| Lot Size Acres | 0.47 |
| Road Surface Type | Asphalt,Concrete |
| Road Frontage Type | Highway |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32808
Price
Taxes
Visits
Year Built
Walkscore
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated Last updated on June 16, 2024 2:32 AM UTC The listing information on this page last changed on Last updated on June 16, 2024 2:32 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on June 16, 2024 2:32 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is 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. Information is deemed reliable but not guaranteed.
