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Improved Property

Mills 50 District Commercial Opportunity

818 E. Colonial Drive, Orlando, Florida 32803

Sold: $2,500,000
$651.04 / SF
Updated Oct 1, 2026
Categories Office Retail Medical

About this property

818 E. Colonial Dr. is a 3,840-square-foot, single-story masonry building ideally positioned on the hard corner of E. Colonial Drive and Hyer Avenue in the heart of the Mills 50 District. Previously home to Vision Max and before that an MRI imaging center, the property’s turnkey floor plan features multiple private offices and exam suites—many already plumbed or easily retrofitted for sinks, lab stations, or treatment rooms. A 480-volt electrical service ensures the capacity to support high-power users, from radiology and imaging to other specialty practices.

The building sits on a generous parcel with 14 asphalt covered parking spaces and offers prominent building facade and monument signage at the intersection. With direct frontage on E. Colonial Drive and an average daily traffic count of 48,500 vehicles, this freestanding asset delivers unparalleled visibility and convenience for both employees and customers.

Zoned ORL-MU-1/T Mixed-Use, 818 E. Colonial Dr. opens the door to a broad spectrum of uses—professional and medical offices, boutique retail, restaurant concepts, and beyond. Whether you’re seeking a turn-key medical practice, a destination restaurant, or a creative retail showroom, this property combines structural flexibility, strong infrastructure, and Mills 50’s vibrant “foodie” and cultural scene to create a truly one-of-a-kind opportunity.

  • 3,840 SF free standing building
  • 14 Parking Spaces Built in 1982, renovated in 1985
  • Zoned MU-1/T for versatile commercial development
  • High visibility with ± 48,500 VPD
  • Prime retail investment opportunity
  • Ample space for diverse retail ventures

Property details

Property Type
Improved property
Building Type
Freestanding
Building Size
3,840 sqft
Land Size
0.3 acres
Zoning
ORL-MU-1/T
Year Built
1982
Parking
14 Spaces

Documents 1 file

Mills-50-District-Commercial-Opportunity-Flyer.pdf 5.0 MB

Last updated: Oct 1, 2026

Location

Address
818 E. Colonial Drive
Orlando, Florida 32803
The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.