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5047 W COLONIAL DRIVE,  Orlando FL, 32808

(Active)
$1,800,000
|
2,785 sqft
|
MLS# O6136691
Last Updated: 5/16/2024 10:56 PM
Description for 5047 W COLONIAL DRIVE Orlando, FL 32808
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
$1,800,000
Orange
2,785 (approx)
O6136691
Active
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.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
0.47 Acres 2,785 (approx) 1956
1 Block
Basement, Slab
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Tile
Basement
Impact Glass/Storm Windows, Shades
Fire Alarm, Security System, Smoke Detector(s)
Exterior / Lot Features
Electric Vehicle Charging Station(s), Lighted, Over 30 Spaces
Block
C-2
Completed
Corner Lot, City Limits, Out Parcel
Community Features
Fire Alarm, Security System, Smoke Detector(s)
Driving 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.
Financial Considerations
Sole Proprietor
19-22-29-6954-08-043
$11,705
Listing Price History

Orlando Real Estate

Orlando is located in Florida. Orlando, Florida 32808 has a population of 63,200.

The median household income in Orlando, Florida 32808 is $38,890. The median household income for the surrounding county is $63,002 compared to the national median of $66,222. The median age of people living in Orlando 32808 is 37 years.

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Courtesy: SUMMERHILL REALTY GROUP LLC, 407-963-8083


All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Copyright 2017, My Florida Regional MLS
This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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