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$1,800,000
332 Days Online

5047 W Colonial Drive
Orlando, FL 32808

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths
2,785
SqFt
$646
/SqFt
1956
Built
County:
Orange
Call Now: 941-866-1666
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941-866-1666
5047 W Colonial Drive5047 W Colonial Drive5047 W Colonial Drive5047 W Colonial Drive
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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.

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Listing Snapshot
Price 
$1,800,000
Days Online 
332 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,785 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.47 Acres
Year Built 
1956
MLS® Number 
O6136691
Status 
Active
Property Tax 
$11,705
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
10 months agoListing updated with changes from the MLS®
11 months agoListing first seen online
General Features
Construction 
Block
Building Features 
BathroomsExtra StorageFencingReceptionSeating
Parking 
Electric Vehicle Charging Station(s)LightedOver 30 Spaces
Sewer 
Public Sewer
Basement 
Interior Entry
Number of Stories 
1
Acreage 
0.47
Water 
Public
Security 
Fire AlarmSecurity SystemSmoke Detector(s)
Property Sub Type 
Retail
Foundation 
Slab
Zoning 
C-2
Ownership 
Sole Proprietor
Parcel Number 
19-22-29-6954-08-043
Interior Features
Cooling 
Office Only
Flooring 
Tile
Window Features 
Impact Glass/ Storm WindowsShades
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Exterior Features
Waterfront Property 
No
Lot 
Corner LotCity LimitsOut Parcel
Road Frontage 
Highway
Community Features
Township 
22
MLS Area 
32808 - Orlando/Pine Hills
Security Features 
Fire AlarmSecurity SystemSmoke Detector(s)
Building Features 
BathroomsExtra StorageFencingReceptionSeating
Listing courtesy of SUMMERHILL REALTY GROUP LLC 407-963-8083



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for 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. Properties displayed may be listed or sold by various participants in the MLS Copyright 2024, Stellar MLS.
Data last updated at: 2024-07-21 05:30 AM EDT

Neighborhood & Commute
Source: Walkscore
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