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Gelfand Realty Miami Properties - Retail

5855 W COLONIAL, ORLANDO, FL 32808

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Retail -

5855 W COLONIAL, ORLANDO, FL 32808

Sold Price$453,000 Asking Price$548,000

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  • Days on market:

    107 day(s)
  • Original Price:

    $548,000
  • Price per sqft:

    $72.56
  • Tax Legal Description:

    ORANGE HEIGHTS L/33 THE E1/2 OF LOTS 2 THROUGH 8 (LESS ST RD) BLK M & ORANGE HEIGHTS L/33 LOTS 9 & 40 BLK M
  • Tax Year:

    2016
  • Property Type:

    Retail
  • Lease Term Remaining:

    3 to 5 Years
  • Special Listing Conditions:

    Real Estate Owned
  • Lot Features:

    City Lot Near Public Transit

Description

$548,000 • living size area 7552 sqft

7,000 sqft of office/retail/flex space, where 3500 sqft is net leasable and 3500 sqft is warehouse/basement space. lower level has vehicle access with roll up door. currently leased by a furniture retailer with a 5 year graduated lease and more than 4 years left on the current contract. this orlando property is 0.42 acres in size and sits on a major thoroughfare. short-term owner financing is possible. a standalone billboard is on the property and receives income. zoned c-1, and minutes to 408 fwy and fl turnpike. ample surface parking.

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