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    646 Colonial Dr Orlando, FL 32804

    For Sale
    $1,350,000

    Two-Story Office, High Visibility

    Property size:
    2,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional two-story office building, located at 646 W Colonial Dr in Orlando, Florida, presents a compelling investment opportunity. Boasting 2,219 square feet on a 5,317 square foot lot, this fee-simple property features nine versatile rooms, a full kitchen, and a spacious upstairs meeting area. Built in 1940, the building is situated in a high-traffic area with over 35,000 average daily vehicles passing by, ensuring excellent visibility and accessibility. Its strategic location between Edgewater and I-4, just blocks from Creative Village and the UCF/Valencia Downtown Campus, provides unparalleled convenience and exposure. The MU-1/T/PH zoning allows for a variety of business uses. The property includes six dedicated parking spaces. Previously occupied by successful businesses including an attorney's office, the Screen Actors Guild, and the Ticket Clinic, this building is ready for its next chapter. The asking price is $1,350,000. This is a rare chance to acquire a well-located, established office building in a thriving Orlando neighborhood. The property consists of two units within a single, two-story building.

    Property Features for 646 Colonial Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,219 SF

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    2
    Units
    2

    HighLights

    • $1,350,000 asking price for a fee simple ownership.
    • 2,219 square foot, two‑unit office building.
    • Located at 646 W Colonial Dr, Orlando, FL 32804, in a high‑traffic area (35,000+ daily).
    • Two‑story building (1940 construction) on a 5,317 square foot lot, zoned MU‑1/T/PH.
    • Nine versatile rooms, full kitchen, and spacious meeting area, plus six parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wean & Malchow P.A. Attorney The Dawg Game Pet Store Shields David G Attorney Graphic Signs Inc ... Graphic Designer

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Orlando
    County
    Orange
    State
    Florida
    Longitude
    -81.38883
    Latitude
    28.552606

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    FAQs

    What type of property is this?
    Office Property / Space - Two-Story Office, High Visibility
    Where is this office property / space located?
    The property is located at 646 Colonial Dr Orlando, FL.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: $1,350,000 asking price for a fee simple ownership.; 2,219 square foot, two-unit office building.; Located at 646 W Colonial Dr, Orlando, FL 32804, in a high-traffic area (35,000+ daily).
    Request Owner's contact information
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    Orlando, FL 32804
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    646 Colonial Dr Orlando, FL 32804
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