5700 E COLONIAL DRIVE, ORLANDO

MLS #: O5070030
Price: $6,000,000
Street 5700 E COLONIAL DRIVE City ORLANDO Zip 32807
Bedrooms: Bathrooms: Square Ft: 56269 Lot Size: 5 to less than 10
Subdivision: Year Built: 1975 Type: General Commercial,Stri Price Change Date: 04/27/2012 Listing Date: 10/25/2011 Price - Original:
Description:

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. SR 50 runs thru Downtown Orlando which is the central business district of the area. This arterial also serves as a regional connector of community & commercial concentrations. SR 436 is the main arterial roadway connecting to the Orlando International Airportand surrounding communities. The intersection of these two arterials, which is where this 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 SR 436/SR 50 Corridor Overlay District. The property is approved for 90,000SF of retail space and zoned C-2. Currently there is an existing 60,000SF building. A perfect location for a CVS, Walgreens, grocery store, or other retail user. This propertyis part of redevelopment plan intended to create a more cohesive land use pattern and to improve the multimodal transportation system. This area is a major commercial focus for Orange County and the City of Orlando.

Listing information courtesy of The williams real estate co.

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