Listing IDO6010822
Price$6,000,000
StatusActive
SqFt
53,861
Acres
7.750
CountyOrange
Year Built1975
Property TypeCommercial Sale
Property Sub TypeRetail
This 7.75 acre property is anchored by the intersection of two major commercial arterials: State Road 436 (Semoran Blvd) and State Road 50 (Colonial Drive). This location is a gateway to key governmental, financial, and commercial institutions. SR50 runs through Downtown Orlando which is the central business district of the area. The intersection of these two arterials, which is where the property is sited, provides a connection between residential, commercial and governmental entities that is recognized by the City of Orlando and Orange County as the SR436/SR50 Corridor Overlay District. The property is approved for 90,000SF of retail space and zoned C-2. This is a prime site for a re-development opportunity. 53,861 SF building in shell condition, can be renovated or incorporated into a new project or demolished and used for Impact & Development Fee credits with Orange County. This is a highly visible corner with frontage on both 436
and East Colonial. Great site for future CVS, Walgreens, grocery store, or other retail user. This property is part of a redevelopment plan intended to create a more cohesive land use pattern and to improve the multimodal transportation system.
The Seller will consider selling the Northern 3+- acres with 8,000-10,000 SF building for $2,500,000 and the Southern portion of the property with approximately 4-5 acres with a 40,000-45,000 Sf Building for $7,500,000.
Seller says sell! Make offer!
County
Orange
Price Before Reduction
6995000
Price Reduction Date
2022-11-10T18:01:28+00:00
Property Sub Type
Retail
Property Type
Commercial Sale
Year Built
1975
Zoning
C-2
Building Area Units
Square Feet
Cooling Type
Central Air
Living Area Meters
5003.85
Stories Total
1
Construction Materials
Block
Foundation Details
Slab
Lot Size SqFt
337664
Lot Size Square Meters
31370
Road Frontage Type
State Road
Road Surface Type
Asphalt
Total Acreage
5 to less than 10
Total Number of Buildings
1
Water Access
no
Water Extras
no
Water View
no
Waterfront
no
Building Area Source
Public Records
Building Area Total
53861
Country
US
Flood Zone Code
X
MLS Area Major
32807 - Orlando/Azalea Park/Park Manor
Township
22
Current Price
6000000.00
Special Listing Conditions
None
Tax Annual Amount
76472.95
Tax Book Number
8562/4100
Tax Lot
71
Tax Year
2021
Listing information ©My Florida Regional MLS DBA Stellar MLS 2023. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated on Sunday, January 29th, 2023 at 07:18:40 PM.
Contact - Listing ID O6010822
EVERMORE REALTY
33 E ROBINSON ST. STE 221
ORLANDO, FL 32801
Phone: 800-906-6505
Data services provided by IDX Broker
