Orlando Retail/Redevelopment

  SOLD February 2019 for $620,000

1011-1015 W. Colonial Avenue, Orlando, Florida 32804

Building Size9,556 Square Feet
Land Size14,928 Square Feet
Year Built1930
ConstructionConcrete block

Retail/Redevelopment Opportunity

These two retail parcels front West Colonial and share common dividing walls.

1011 W Colonial has a street address of 1011 &1013 W Colonial. 1011 W Colonial has 4560 sq. ft of building with an 1800 sq ft +/- downstairs and 784 sq ft +/- apartment upstairs. This building is currently vacant. 1013 W Colonial is 1976 sq ft +/- with a month to month tenant. Built in 1930 it sits on 6625 sq.ft.of land.This is an end cap to the building.

1015 W Colonial has street addresses of 1015-1019A. 1015 W Colonial is 1776 sq ft +/- with a tenant signed thru 11/20, but can be removed. 1017 W Colonial is 1776 sq.ft. +/- with a tenant through 5/2018. 1019 A W. Colonial has 1444 sq ft +/- with a tenant thru 2/18. Built in 1955 the lot size is 8303 sq ft.the building size is 4996 sq.ft.

The lot directly across the street is currently in the process of being redeveloped. Redevelopment can be 3 stories high (or 75 ft) with a land/building ratio of 50%. This can be a portfolio sale with 715 Ellwood. Combined with 1001 Colonial that is 54270 sq ft of land with a building size of 27135 sq ft.

Valencia & UCF are growing rapidly within a few miles. There is a growing need for retail and services in this area. Traffic count daily is 48,000. This is a rare opportunity for the entrepreneurially minded!

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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