Description
Its all about Location. Let’s just say it’s an opportunity you would look back on and wish you was in the new buyer shoes. Jump on this mega deal now! Property is Mixed Use Zoned for hotel/motel, commercial retail and farmland/rural. It has 3 buildings that sits on 5 acres of land. The 1st main building sits in front of the most busiest highway in east Orlando, East 50 which is the road that leads up minutes away from cocoa beach and I95 exits. It has a main office area and holds 10 units. The second building on the property holds 5 units and the third building holds 2 units. All units have water, air conditioning, electricity with 2 septic tanks on the property. This beautiful property can hold up to 100 units. This property was built of the years to make an investors dream come true. The area this property is in has been a hot spot in buying properties and land for the past couple of months. With multi family homes being built from the ground up along with huge shopping plazas and pending prices in the same range of the asking price, this deal will not last long. Keep the property as is and make an amazing profit or use the land for another major project, in this location you can not lose you will win with anything you do on this property. Instead of wishing you was in the buyer shoes, you have the opportunity now to be the buyer. Let’s get you this property!,
Features
- Building Area Total
4770
- City
ORLANDO
- Construction Materials
Block
Concrete
- Cooling
Wall/Window Unit(s)
- Cooling
Yes
- Country
US
- County Or Parish
Orange
- Days On Market
2
- Direction Faces
South
- Directions
From Downtown take 408 east to highway 50 east colonial dr. Go East on highway 50 building on the left.
- Flooring
Carpet
Concrete
Vinyl
- Foundation Details
Slab
- Heating
Yes
- Latitude
29
- List Price
8500000
- Living Area
3606
- Living Area Source
Public Records
- Living Area Units
Square Feet
- Longitude
-81
- Lot Size Acres
5
- Lot Size Square Feet
229614
- Lot Size Units
Square Feet
- M L S Area Major
32820 - Orlando/Bithlo
- Mls Status
Active
- On Market Date
2023-04-26 00:00:00
- Original List Price
8500000
- Originating System Name
stellar
- Ownership
Sole Proprietor
- Parcel Number
32-22-21-0000-00-008
- Postal Code
32820
- Property Sub Type
Mixed Use
- Property Type
Commercial Sale
- Road Frontage Type
State Road
Divided Highway
- Road Surface Type
Paved
- Roof
Other
- Sewer
Septic Tank
- Special Listing Conditions
None
- Standard Status
Active
- State Or Province
FL
- Unparsed Address
0 E COLONIAL DR
ORLANDO FL 32820
- Virtual Tour URL Unbranded
https://site.orlandorealestatephotography.com/sites/17883-e-colonial-dr-orlando-fl-32820-4298616/unbranded
- Water Source
Well
- Window Features
Drapes
Shades
- Year Built
1953
- Zoning
C-1