5047 W Colonial DRIVE Orlando, FL $ 1,800,000
5047 W Colonial DRIVE
$ 1,800,000
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5047 W Colonial DRIVE

Orlando, FL, 32808
$ 1,800,000
Baths0.0 Sq 2,785

Monthly Estimate*

$ 11,963

5047 W Colonial DRIVE, Orlando, FL 32808 - Image 1
5047 W Colonial DRIVE, Orlando, FL 32808 - Image 2
5047 W Colonial DRIVE, Orlando, FL 32808 - Image 3
5047 W Colonial DRIVE, Orlando, FL 32808 - Image 4
5047 W Colonial DRIVE, Orlando, FL 32808 - Image 5
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Studio

Commercial Property for sale in Orlando, FL

for $1,800,000. This 2,785 square foot building was built in 1956 on a lot size of 0.47.

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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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 11,705

Style

Retail

Lot Size

0.47

Year Built

1956

Town/City

Orlando

County/Region

Orange

MLS | Web ID

O6136691

Features
General
Sewer Public Sewer
Cooling A/C - Office Only
Zoning C-2
Security Features Fire Alarm Security System Smoke Detector(s)
Construction Materials Block
Year Built 1956
Levels One
Property SubType Retail
Tax Year 2023
Percent Ownership Sole Proprietor
County Orange
New Construction No
Property Type Commercial Sale
Building Features Bathrooms Extra Storage Fencing Reception Seating
Status Active
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.
City ORLANDO
Buyer Agent Compensation 2%
MLS Area 32808 - Orlando/Pine Hills
Lot Size Square Feet 20386
Waterfront Y/N No
Street Name Colonial
Tax Annual Amount 11705
Property Condition Completed
Public Remarks 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 doo
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6136691
Days on Market 148
Standard Status Active
Tax Lot 5
Legal Description PINE HILLS SUB NO 8 T/68 BEG SW COR LOT 5 RUN W 135 FT N 150 FT E 135 FT S 150 FT TO BEG BLK H
Water Access Y/N No
Water View Y/N No
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Interior
Basement Interior Entry
Flooring Tile
Total Stories 1
Air Conditioning Y/N Yes
Window Features Impact Glass/Storm Windows Shades
Street Suffix DRIVE
Total Baths 0
Living Area Units Square Feet
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Exterior
Parking Features Electric Vehicle Charging Station(s) Lighted Over 30 Spaces
Lot Features Corner Lot City Lot Out Parcel
Water Source Public
Lot Size Area 20386
Foundation Details Basement Slab
Number of Buildings 1
Building Area Total 2785
Lot Size Acres 0.47
Road Surface Type Asphalt Concrete
Lot Size Units Square Feet
Road Frontage Type Highway
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* Excluded Features
List By
Summerhill Realty Group Llc

Broker

kussek.joaopedro@gmail.com

Email

Affordability Calculator

$12,939
Per Month
92%
8%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266288 Elementary School
265661 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2023$1,800,000 Listed Price

Map


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5047 W Colonial DRIVE, Orlando, FL, 32808 is a Commercial Property for sale at $1,800,000 with 2,785 sqft and a lot size of 0.47. 5047 W Colonial DRIVE is a studio with 0.0 baths and was built in 1956. The property's zip code is 32808 which is in Orlando, FL