5047 W Colonial Drive, Orlando, FL 32808

$1,700,000
2,406
SqFt

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List Price
$1,700,000
Status
Active
Days on Market
120
MLS#
O6395241
Property Style
Mixed Use
Year Built
1956
Living Area
2,406
Lot Size
20,422
Acres
0.47
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Pine Hills Sub 8
MLS Area Major
Orlando/Pine Hills

Property Description

We are pleased to offer this Investment site for Sale!!! Prime location with excellent frontage, Investment site located off West Colonial Drive, Orlando, FL. This site is tenant-occupied, on a NNN lease, and the building is approx 2,786 SF, and sitting on nearly 1/2 an acre! New 5 Year NNN lease at $10,000.00 per month with 3percnt increase per year. This property has been recently renovated with brand new HVAC, Roof, Hurricane-Proof Impact Windows, Insulation, Plumbing, Asphalt and Concrete, and interior design (new floors, acoustic tile ceiling, bathrooms, doors, storage area) and Modern Awnings in the beginning of 2023. Electric system was upgraded to a 3-phase, 2 wall mounted EV chargers, and a car port. This parcel offers excellent signage, 135ft of frontage and amazing exposure from W Colonial Dr for more than 40,000 cars per day. The 2,000 sqft renovated office/retail building sits on an almost half acre lot, allowing for plenty of parking space, possible additions, or product display.

Additional Information

Taxes Annual
$13789
Community Features
No Deed Restriction
Zoning
C-2
Air Conditioning
Central Air
Exterior Construction
Concrete
Foundation
Block
Pool
No Pool
Flood Zone Code
X
Parcel ID
19-22-29-6954-08-043
Legal Description
PINE HILLS SUB NO 8 T/68 BEG SW COR LOT5 RUN W 135 FT N 150 FT E 135 FT S 150 FT TO BEG BLK H

Listing courtesy of COMMERCIAL REAL ESTATE PROF IN. 407-737-9797

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