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.
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.
Property Details
Price:
$1,800,000
MLS #:
O6136691
Status:
Active
Beds:
0
Baths:
0
Address:
5047 W COLONIAL DRIVE
Type:
Commercial
Subtype:
Retail
City:
ORLANDO
Listed Date:
Aug 24, 2023
State:
FL
Finished Sq Ft:
2,785
ZIP:
32808
Lot Size:
20,386 sqft / 0.47 acres (approx)
Year Built:
1956
Schools
Interior
Cooling
A/ C – Office Only
Flooring
Tile
Exterior
Construction Materials
Block
Parking Features
Electric Vehicle Charging Station(s), Lighted, Over 30 Spaces
Financial
Buyer Agent Compensation
2%%
Tax Year
2023
Taxes
$11,705
Map
Community
- Address5047 W COLONIAL DRIVE ORLANDO FL
- CityORLANDO
- CountyOrange
- Zip Code32808
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Courtesy of SUMMERHILL REALTY GROUP LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
5047 W COLONIAL DRIVE
ORLANDO, FL
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