5047 W COLONIAL DR, ORLANDO, FL 32808

$1,700,000

Active · 1 days on market · MLS# MFRO6395241

Living area2,406 sq ft
Lot size0.47 acres
Year built1956
Property typeMixed Use
WaterfrontYes
Annual taxes$13,789
CountyOrange

About this home

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.

Listing courtesy of Mark Allen, COMMERCIAL REAL ESTATE PROF IN. Presented by MC Homes Realty Inc · 727432218.

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