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    Reinforced Concrete Retail and Office Building Title is generated by Realmo AI

    5068 W COLONIAL DRIVE #15, Orlando, FL 32808

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    Claim this Listing
    New
    For Sale
    $2,500,000

    Reinforced concrete construction and a flexible interior make this property well-suited for retail, office, or medical uses on a major corridor.

    Type:Commercial
    Property size:
    10,555 SF
    Price / SF:
    $236/SF
    Added:
    Jun 9, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 13 at 4:00 am

    Property Features for 5068 W COLONIAL DRIVE #15

    General Information

    Standard status
    Active
    Size
    10,555 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1989

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    Listing Contact
    QINGHE MENG

    Listing agent QINGHE MENG

    Listing office AAA GLOBAL VENTURES PA

    Listing date Jun 9, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of AAA GLOBAL VENTURES PA

    HighLights

    • 1989‑built approx. 10,555 SF reinforced concrete commercial building with roof‑to‑structure reinforced concrete construction
    • Flexible interior floor plan supports a range of permitted uses including restaurant, retail, medical, education, fitness, entertainment, cultural, professional office, showroom, and corporate headquarters
    • Located adjacent to Enson Market on W Colonial Drive (SR 50), a highly traveled Central Florida commercial corridor
    • Easy access to I‑4 and SR 408 and just minutes from Downtown Orlando

    Overview

    This reinforced concrete building totals approximately 10,555 square feet and is constructed with reinforced concrete extending through the roof structure. The property’s durable structural approach is designed to support long-term reliability, with a floor plan described as flexible for a range of commercial uses. This configuration can accommodate retail and showroom operations, professional and corporate office use, and user types such as medical, restaurant, educational, fitness, entertainment, cultural, and similar commercial concepts.

    The building is positioned adjacent to Enson Market along W Colonial Drive (SR 50), a highly traveled Central Florida commercial corridor. The setting places the property in a dense, established business area, with convenient access to Downtown Orlando and regional transportation connections including I-4 and SR 408.

    For tenants, this asset offers a substantial, durable platform for businesses that need a versatile interior and a ground-level commercial presence along a major route. For owner-occupants, the property supports both storefront and professional service concepts within one building. For investors or operators evaluating larger commercial formats, the combination of reinforced construction and adaptable space can support multiple business strategies, depending on the intended use and operating plan.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $306.5k $29.04
    − Vacancy −$10.4k −$0.99
    EGI $296.1k $28.05
    − OpEx −$88.8k −$8.42
    NOI $207.3k $19.64
    10,555 SF · lease $29.04/SF/yr · vacancy 3.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.96M
    $2.59M – $3.45M (±1% cap)
    NOI $207,267 @ 7.0% cap · market cap 8.29%
    Second Best
    Office B
    $2.82M
    $2.46M – $3.29M (±1% cap)
    NOI $197,115 @ 7.0% cap · market cap 7.88%
    Theoretical Best
    Office A
    $3.40M
    $2.98M – $3.97M (±1% cap)
    NOI $238,009 @ 7.0% cap · market cap 9.52%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Sunlight Home Center Department Store Car-Boat-Property Donation Process ... Corporate Office

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Brevard
    State
    Florida
    Longitude
    -81.4496201
    Latitude
    28.5512376

    FAQs

    What type of property is this?
    Retail space - Reinforced concrete construction and a flexible interior make this property well-suited for retail, office, or medical uses on a major corridor.
    Where is this retail space located?
    The property is located at 5068 W COLONIAL DRIVE #15 Orlando, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: 1989‑built approx. 10,555 SF reinforced concrete commercial building with roof‑to‑structure reinforced concrete construction; Flexible interior floor plan supports a range of permitted uses including restaurant, retail, medical, education, fitness, entertainment, cultural, professional office, showroom, and corporate headquarters; Located adjacent to Enson Market on W Colonial Drive (SR 50), a highly traveled Central Florida commercial corridor
    More about this property
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