1404 W Colonial Drive

    Orlando, FL 32804
    • $1,350,000
    • STATUS: Active
    • ON SITE: 307 days
    • MLS #: O5562443
    UPDATED: 219 min ago
    $1,350,000
    • 0
      BEDS
    • 0.92
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,665
      SQFT
    • $127
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1953
    County:

    School Ratings & Info

    Description

    Great location for business owner operator or investor looking to secure a downtown office building with 5+ parking spaces per 1,000 net sq.ft. Located in the heart of metro Orlando within the Central Business District and minutes from downtown; this property features two office buildings, which have had several capital improvements completed within the last few years. The property is accessible via two driveway entrances along the 162+/- of frontage off of heavily traveled Colonial Drive (29,000+ average daily traffic volume). The property also benefits from rear access off of Arlington Avenue to the large large parking lot. The two office buildings combine to total 10,665 net sq. ft. The two-story building comprises 9,065 net sq.ft., of which, 6,082 sq.ft. is on ground floor and 2,983 net sq.ft. is the second floor. The two-story building can be be utilized by one user or demised into three suites ranging from 2,900+/- sq.ft to 3,200+/- sq.ft. The stand alone converted office building consists of 1,600 net sq.ft. which is currently occupied by a medical supply company and is a only few months into a three year term lease. This is an ideal scenario for an owner user occupying the entire two story building while bring in rental income from the adjoining stand alone building.

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    © 2018 My Florida Regional Multiple Listing Service, Inc. 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 2018-12-18T23:40:29.637.
    www.welcomehomefl.com/homes/80772450

    1404 W Colonial Drive Orlando, FL 32804

    • Price: $1,350,000
    • Status: Active
    • Updated: 219 min ago
    • MLS #: O5562443
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.92
    Acres
    10,665
    SQFT
    $127
    $/SQFT
    1953
    Built
    Neighborhood:
    Orlando/College Park
    County:
    Orange
    Area:
    Orlando/College Park
    Property Description
    Great location for business owner operator or investor looking to secure a downtown office building with 5+ parking spaces per 1,000 net sq.ft. Located in the heart of metro Orlando within the Central Business District and minutes from downtown; this property features two office buildings, which have had several capital improvements completed within the last few years. The property is accessible via two driveway entrances along the 162+/- of frontage off of heavily traveled Colonial Drive (29,000+ average daily traffic volume). The property also benefits from rear access off of Arlington Avenue to the large large parking lot. The two office buildings combine to total 10,665 net sq. ft. The two-story building comprises 9,065 net sq.ft., of which, 6,082 sq.ft. is on ground floor and 2,983 net sq.ft. is the second floor. The two-story building can be be utilized by one user or demised into three suites ranging from 2,900+/- sq.ft to 3,200+/- sq.ft. The stand alone converted office building consists of 1,600 net sq.ft. which is currently occupied by a medical supply company and is a only few months into a three year term lease. This is an ideal scenario for an owner user occupying the entire two story building while bring in rental income from the adjoining stand alone building.
    Exterior Features

    Adjoining Property Professional Office Construction Materials BlockConcreteMetalStucco Lot Features Central Business DistrictIn City LimitsNear Public Transit Parking Over 30 Spaces Parking Features Over 30 Spaces Road Frontage Ft 162 Roof Built-Up Transportation Access CityFrontageState HighwayUs Highway Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Ceiling Height 8 To 9 Feet Ceiling Type AcousticalDrywall Cooling Central Air Flooring CarpetTileVinyl Freezer Space Yn No Heating Central Numof Conference Meeting Rooms 2 Numof Offices 10 Numof Restrooms 5 Sewer Public Sewer Water Source Public

    Property Features

    Additional Parcels Yn No Business Type CommercialMedicalProfessional/Office Converted Residence Yn Yes Electric 110 VoltsSeparate Meters Flood Zone Code X Floor Number 2 Lease Term 3 To 5 Years Miscellaneous Common LightingDumpstersExtra Storage Miscellaneous2 BathroomsKitchen FacilityWaiting Room New Construction Yn No Property Condition Completed Property Sub Type Office Security Features Fire Alarm Space Type Relet Special Listing Conditions None Tax Annual Amount 17977 Tax Year 2017 Total Num Buildings 2 Utilities Bb/Hs Internet CapableCable AvailableElectricity ConnectedPhone AvailablePublic Zoning O-1/T


    Listing information © 2018 Florida Regional MLS.
    Listing provided courtesy of Core Group Real Estate Llc.



    © 2018 My Florida Regional Multiple Listing Service, Inc. 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 2018-12-18T23:40:29.637.
     
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