Downtown Orlando Retail

1023 W Colonial Dr, Orlando, FL 32804

Description Marcus and Millichap is thrilled to introduce a unique opportunity: the acquisition of five properties nestled in the vibrant heart of downtown Orlando. This diverse portfolio comprises a blend of retail spaces and land, currently yielding $63,287 per year in Net Operating Income. Positioned amidst a surge of approved new developments, this portfolio is poised for remarkable future success. Orlando's rapid growth, coupled with its proximity to numerous hundred-million-dollar development projects, ensures substantial appreciation in property value over the coming years. Whether investors opt to develop the vacant land or land bank while capitalizing on the steady income from the retail properties, this portfolio promises exceptional potential for strategic, forward-thinking investors Highlights Five Different Properties Prime Location in Downtown Orlando Redevelopment Opportunity Cash Flowing Day One

Contact

Broker or Owner Contact
Salim Valiani
,
Phone: (407) 557-3822
salim.valiani@marcusmillichap.com
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 1147
Building Size 10390
Site Size (acres)
Zoning
Year Built 1935
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 1675000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.5531159
Longitude -81.3944495
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider