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E 5700 Colonial Drive, Orlando, FL

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$6,000,000

($111/sqft)

List Status: Active
E 5700 Colonial Drive
Orlando, FL 32807


53861 living sqft
Top Features
  • Lot SQFT: 337664 sqft (31370m²)
  • Built in  1975
  • Retail
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!
Property Details

Interior Information

Total Num Buildings1
Building Area Total Srch Sq M5003.85
List Office Head Office Key Nume1041748
Living Area53861

Exterior Information

Stories Total1

Additional Information

DirectionsEast Colonial Drive at Semoran Boulevard (SR436) SE corner
Property TypeCommercial Sale
Special Listing ConditionsNone
State Or ProvinceFL
Cumulative Days On Market713
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407 575 5392
 
 
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This listing was first listed on this web site on November 28, 2022 and it was last updated on November 28, 2022
Source: orlandoluxuryproperty.net
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MLS #MFRO6010822 Listing courtesy of THE WILLIAMS REAL ESTATE CO provided by Stellar MLS.

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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 independent verified. Listing information is provided for consumer 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. The source of the listing data is as follows: Stellar MLS (updated 11/28/22 9:27 AM) |
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407 575 5392

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DBA Wendy Morris Realty
Licensed in the State of Florida
BK 3146762
16797 Broadwater Avenue
Winter Garden, Florida 34787

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