Orlando, FL 32804,1404 W COLONIAL DR
Orlando, FL 32804,1404 W COLONIAL DR
Orlando, FL 32804,1404 W COLONIAL DR
25
$1,450,000
$1,350,000
7.4%
Est.Price: ?

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10,665 SqFt

1404 W COLONIAL DR Orlando, FL 32804

Est. payment /mo
SOLD DATE : 12/24/2018

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Key Details

Sold Price $1,450,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 10,665 sqft

Price per Sqft $135

MLS Listing ID O5562443

Sold Date 12/24/18

Construction Status Completed

HOA Y/N No

Year Built 1953

Annual Tax Amount $17,977

Lot Size 0.920 Acres

Acres 0.92

Property Sub-Type Office

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.

Location

State FL

County Orange

Zoning O-1/T

Interior

Heating Central

Cooling Central Air

Flooring Carpet, Tile, Vinyl

Exterior

Parking Features Over 30 Spaces

Utilities Available BB/HS Internet Capable, Cable Available, Electricity Connected, Phone Available, Public

Roof Type Built-Up

Building

Lot Description Central Business District, City Limits, Near Public Transit

Lot Size Range 1/2 Acre to 1 Acre

Sewer Public Sewer

Water Public

Structure Type Block,Concrete,Metal,Stucco

New Construction false

Construction Status Completed

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by CORE GROUP REAL ESTATE LLC
Bought with CORE GROUP REAL ESTATE LLC

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agent

Anne Cormier

Agent | License ID: 3426957

+1(941) 763-2400

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