Summary of 5047 W Colonial Drive
5047 W Colonial Drive is in ORLANDO, FL. This Commercial Sale property for sale is currently being offered at $1,800,000. Built in 1956, this Orange Commercial Sale property has been listed on RealtyInOrlando.com for 379 days. 5047 W Colonial Drive is priced at $1,020.41 Per Square Foot, and is situated on 0.47 acres of land. Please contact your local Realtor® for more information on 5047 W Colonial Drive, ORLANDO, FL 32808-7601. Property Listing Reference: MLS number: O6237065.
About 5047 W Colonial Drive
Welcome to your newly renovated workplace! This property underwent a complete renovation in early 2023, featuring brand-new HVAC, roofing, hurricane-resistant windows, insulation, plumbing, asphalt, concrete, and a fully updated interior (including new flooring, acoustic tile ceilings, bathrooms, doors, and a new 1,000 sqft storage area). It is currently leased to a well-established car dealership in the Orlando area that has operated for over 8 years, with 10 years remaining on the lease agreement that the buyer must assume. The parcel offers excellent signage, 135 feet of frontage, and outstanding visibility from W Colonial Dr, with over 35,000 cars passing by daily. The 1,764 sqft renovated office/retail building (plus the underground office) sits on nearly half an acre, providing ample parking, potential for expansion, or product display. Investor's dream! The current lease is set at $10,000.00 per month.
Features of 5047 W Colonial Drive
| MLS® # | O6237065 |
|---|---|
| Price | $1,800,000 |
| Square Footage | 1,764 |
| Acres | 0.47 |
| Year Built | 1956 |
| Type | Commercial Sale |
| Sub-Type | Business |
| Status | Pending |
| Taxes | $11,704 |
Community Information
| Address | 5047 W Colonial Drive |
|---|---|
| Area | Orlando/Pine Hills |
| Subdivision | PINE HILLS SUB 8 |
| City | ORLANDO |
| County | Orange |
| State | FL |
| Zip Code | 32808-7601 |
Amenities
| Parking | Electric Vehicle Charging Station(s), Ground Level, Lighted, Over 30 Spaces |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Corner Lot, Near Public Transit |
|---|---|
| Foundation | Slab |
Other Information
| Date Listed | August 29th, 2024 |
|---|---|
| Days on Market | 379 |
| Zoning | C-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | KARDOSH REALTY |
|---|