8431 Colonial Drive, ORLANDO, FL 32817
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Priced at Only: $2,270,000
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Address: 8431 Colonial Drive, ORLANDO, FL 32817
Property Location and Similar Properties
- MLS#: O6220496 ( Commercial Sale )
- Street Address: 8431 Colonial Drive
- Viewed: 3
- Price: $2,270,000
- Price sqft: $372
- Waterfront: No
- Year Built: 1976
- Bldg sqft: 6105
- Days On Market: 174
- Additional Information
- Geolocation: 28.5688 / -81.2726
- County: ORANGE
- City: ORLANDO
- Zipcode: 32817
- Subdivision: Hilltop Manor
- Provided by: BLUE CHIP INTERNATIONAL REALTY LLC
- Contact: Esther Griller
- 407-988-6543
- DMCA Notice
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DescriptionDiscover an exceptional business and real estate investment with this fully operational gas station and tenanted units, strategically positioned on a high traffic corner lot at the first exit off Highway 417 onto Colonial Drive heading west with high visibility and a consistent customer flow with an average daily traffic count of over 45,000 vehicles. This property features a grocery store/mini mart equipped with a full kitchen in one unit and a gas station/convenience store in the other, making it a versatile and lucrative opportunity. The grocery store boasts 2,542 sq ft of net leasable space, while the convenience store covers 1,693 sq ft. Additional revenue streams include an ATM inside the convenience store and lottery sales. It is equipped with updated gas pumps featuring credit card payment systems and energy efficient LED lighting. The station includes 4 double sided filling stations, offering a total of 8 gas pumps with 3 fuel grades and 1 diesel pump. Double walled gas tanks are in place, ensuring compliance with environmental safety regulations. The property is offered with Triple Net Lease (NNN) tenants in place, providing a stable income stream and minimal management responsibilities for future owners. Recent updates include a new roof and a freshly painted exterior in 2024, reducing immediate capital expenditure requirements for the new owner. Whether you're looking to expand your portfolio or enter the value added gas station and convenience store market, this opportunity promises immediate returns and long term growth potential. Dont miss out on this high traffic, high visibility location with stable income and strong investment fundamentals. Contact us today for more information or to schedule a viewing!
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Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 4719.00
- Roof: Membrane
Land Information
- Lot Features: Corner Lot
Garage and Parking
- Garage Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Road Frontage Type: State Road
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Net Operating Income: 0.00
- Tax Year: 2023
Other Features
- Country: US
- Legal Description: HILLTOP MANOR W/84 LOT 1 BLK B & BEG SWCOR OF SAID LOT RUN W ALONG N R/W LINE OF SR 50 57.54 FT N 250 FT E 57.54 FT S 250 FT TO POB
- Levels: One
- Area Major: 32817 - Orlando/Union Park/University Area
- Parcel Number: 13-22-30-3640-02-010
- Zoning Code: C-1
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- Eddie Otton, ABR,Broker,CIPS,GRI,PSA,REALTOR ®,e-PRO
- Mobile: 407.427.0880
- eddie@otton.us