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5047 W Colonial Dr

Orlando, Florida, 32808, United States

Property ID: #602428 // commercial
5047 W Colonial Dr
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Traditional Sale
List Price:
$1,800,000.00
Icon 2,785 ft²
Icon 0.47 acres
Icon - beds
Icon - baths
Address:
5047 W Colonial Dr
City:
Orlando
State:
Florida
Zip Code:
32808
County:
Orange
Country:
United States
Property Type:
Commercial
Additional Property Types:
Retail
Year Built:
1956
Property Size:
2,785 ft²
Lot Size:
0.47 acres
Data Source:
Mid Florida Realty MLS
MLS/Reference Number(s):
O6136691
Source Status:
Active
Source Property Type:
Commercial, Retail

Property Provided By

  • Joao Correia
  • SUMMERHILL REALTY GROUP LLC
  • +1 (407) 686-9740
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Property Information

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.

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.

Source Disclaimer

Mid Florida Realty MLS

Listing Information © 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Courtesy of SUMMERHILL REALTY GROUP LLC.
Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2023-09-25 17:44:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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