5527 W Colonial DriveOrlando, FL 32808MLS Number O6100244

  • Price: $825,000
  • 59 Days on Market
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Federal 30-year interest rate: 6.79% last updated on Jun 1, 2023
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5527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 328085527 W Colonial Drive Orlando FL 32808
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  • 0.54Acreage
  • 1967Year Built
  • 4,167Square Feet
Great investment opportunity. The subject is located in the city of Orlando in Orange County and the area is characterized with various commercial and industrial businesses. 95+ feet along highway 50. Large commercial parcel, great income property approximately $51,000 a year in rent. The parcel also includes a leased Billboard from Clear Channel for additional $3,000 per year. Landlord pays taxes. Lease includes annual real estate tax adjustment and annual CPI adjustment. This masonry framed building is suited for any type of vehicle work; the shop carries 4 rollups and 6 bays with lifts along with 13-18 auto parking capability. This building is leased to an AAMCO until October of 2026. There are (3) 5 year lease renewal options, potentially extending the lease an additional 15 years. Given the tenants long tenure at this property with an established auto repair business, the probability of the tenant fulfilling this lease and all the options are endless.
Listing Courtesy of FERN C BURR LLC

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More Info

Location Information

  • Road Frontage["Business District", "City Street", "Highway", "State Road"]

Basic Information

  • Property SubTypeBusiness
  • Virtual TourView Tour

Property

  • Living Area 4167
  • ZoningC-2

Interior

  • Flooring Concrete

Utilities

  • Cooling Office Only
  • Heating Wall Units / Window Unit
  • Sewer Public Sewer
  • Utilities Electricity Available, Phone Available, Water Connected
  • Water Source Public

Other

  • Date Listed04/06/2023
  • MFR Flood Zone Code X
  • MFR Flood Zone Date 2009-09-25
  • Security Features Closed Circuit Camera(s)
  • View Count4

Basic Information

  • List Price$825,000
  • MLS NumberO6100244
  • Mls Status Pending
  • StatusPEN

Location

  • Address5527 W Colonial Drive
  • AreaOrlando/Pine Hills
  • Building Number5527
  • CountyOrange
  • StateFL
  • StreetColonial
  • TownOrlando
  • Township 22
  • Zip32808

Water Body

  • MFR Water Access YN No
  • MFR Water View YN No

Legal

  • Disclosures Land Sales Disclosure, Lead Paint, Other Disclosures, Seller Property Disclosure
  • Listing Agreement Exclusive Right To Sell
  • MFR Contract Status Inspections, Other Contract Contingencies
  • Parcel Number 19-22-29-0000-00-022
  • Tax Legal Description BEG ON N R/W HWY 50 1177.51 FT E OF SW COR OF SW1/4 RUN N 250 FT E 95 FT S TO NR/W HWY 50 W 95 FT TO POB IN SEC 19-22-29

Tax Information

  • Tax Year 2022
  • Taxes$5,367

Parking

  • Parking Features Parking Spaces - 13 to 18

Building

  • Building Area Source Public Records
  • Garage Spaces
  • MFR Numof Offices 1
  • MFR Numof Restrooms 1
  • RoofBuilt-Up
  • Units1
  • Year Built1967

Property Information

  • Acreage0.54
  • Construction Materials Block
  • Lot DescriptionCentral Business District, Street Lights, Paved
  • Lot Size Square Feet 23,350
  • MFR Front Footage 95
  • MFR Road Frontage Ft 95
  • MFR Total Acreage 1/2 to less than 1
  • Number Of Lots 1
  • Other Structures Garage(s), Storage, Workshop
  • Property Condition Completed
  • Square Feet4,167
Fusilier Realty Group

Your Local Office

More Info »
Fusilier Realty Group
Office: 407-281-8455
10016 Wellness Way
Orlando, FL 32832

Based on information submitted to StellarMLS as of June 4, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or StellarMLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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