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5700 E Colonial Drive

Orlando, FL 32807
  • $7,900,000
  • STATUS: Active
  • ON SITE: 99 Days
  • MLS #: O6010822
UPDATED: 37 min ago
$7,900,000
  • 0
    BEDS
  • 7.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 53,861
    SQFT
  • $147
    $/SQFT
Type:
Commercial
Built:
1975
County:

School Ratings & Info

Description

This 7.75 acre property is anchored by the intersection of two major commercial arterials: State Road 436 (Semoran Blvd) and State Road 50 (Colonial Drive). This location is a gateway to key governmental, financial, and commercial institutions. SR50 runs through Downtown Orlando which is the central business district of the area. The intersection of these two arterials, which is where the property is sited, provides a connection between residential, commercial and governmental entities that is recognized by the City of Orlando and Orange County as the SR436/SR50 Corridor Overlay District. The property is approved for 90,000SF of retail space and zoned C-2. This is a prime site for a re-development opportunity. 53,861 SF building in shell condition, can be renovated or incorporated into a new project or demolished and used for Impact & Development Fee credits with Orange County. This is a highly visible corner with frontage on both 436 and East Colonial. Great site for future CVS, Walgreens, grocery store, or other retail user. This property is part of a redevelopment plan intended to create a more cohesive land use pattern and to improve the multimodal transportation system. The Seller will consider selling the Northern 3+- acres with 8,000-10,000 SF building for $2,500,000 and the Southern portion of the property with approximately 4-5 acres with a 40,000-45,000 Sf Building for $7,500,000. Seller says sell! Make offer!

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© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-06-25T14:44:42.997.
www.localexperthomes.com/homes/126794646
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5700 E Colonial Drive Orlando, FL 32807

  • Price: $7,900,000
  • Status: Active
  • On Site: 99 Days
  • Updated: 37 min ago
  • MLS #: O6010822
0
Beds
0
Baths
0
½ Baths
7.75
Acres
53,861
SQFT
$147
$/SQFT
1975
Built
Neighborhood:
Orlando/Azalea Park/Park Manor
County:
Orange
Area:
Orlando/Azalea Park/Park Manor
Property Description
This 7.75 acre property is anchored by the intersection of two major commercial arterials: State Road 436 (Semoran Blvd) and State Road 50 (Colonial Drive). This location is a gateway to key governmental, financial, and commercial institutions. SR50 runs through Downtown Orlando which is the central business district of the area. The intersection of these two arterials, which is where the property is sited, provides a connection between residential, commercial and governmental entities that is recognized by the City of Orlando and Orange County as the SR436/SR50 Corridor Overlay District. The property is approved for 90,000SF of retail space and zoned C-2. This is a prime site for a re-development opportunity. 53,861 SF building in shell condition, can be renovated or incorporated into a new project or demolished and used for Impact & Development Fee credits with Orange County. This is a highly visible corner with frontage on both 436 and East Colonial. Great site for future CVS, Walgreens, grocery store, or other retail user. This property is part of a redevelopment plan intended to create a more cohesive land use pattern and to improve the multimodal transportation system. The Seller will consider selling the Northern 3+- acres with 8,000-10,000 SF building for $2,500,000 and the Southern portion of the property with approximately 4-5 acres with a 40,000-45,000 Sf Building for $7,500,000. Seller says sell! Make offer!
Exterior Features

Construction Materials Block Covered Spaces 0 Foundation Details Slab Open Parking YN No Road Frontage Type State Road Road Surface Type Asphalt Water Access Yn No Water Extras Yn No Water View Yn No Waterfront Feet Total 0 Waterfront Yn No

Interior Features

Building Area Total 53861 Cooling Central Air Cooling YN Yes Heating YN Yes Stories Total 1

Property Features

Flood Zone Code X New Construction Yn No Ownership Corporation Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 76472.95 Total Annual Fees 0 Total Monthly Fees 0 Zoning C-2


Listing information © 2022 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of The Williams Real Estate Co.



© 2022 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2022-06-25T14:44:42.997.
 
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