723 Colonial Dr Orlando, FL 32803-4662

Property Details for 723 Colonial Dr

Year built

1967

Lot size

0.43 lot acres

Property size

11,914 SF

Zone code

MU-1/T

Property type

Office buildings

APN

24-22-29-1524-00-180

APU

242229152400180

Description

This exceptional two-story, 8,580 square foot Class C office building presents a unique investment opportunity in Orlando, Florida. Situated on a 0.42-acre lot, the property boasts 150 feet of frontage directly on high-traffic Highway 50 (48,500 AADT), ensuring maximum visibility and accessibility. Built in 1967, the building offers multiple executive office suites for lease, including private balcony space. Its convenient location provides easy access to Downtown Orlando (2 minutes away), I-4, and SR 408, making it an ideal location for businesses seeking a central and easily accessible location. The property includes 8 covered parking spaces, offering a generous 3.85 spaces per 1,000 square feet at no additional charge. Monument and building signage opportunities are available, further enhancing the property's marketing potential. The building is zoned MU-1 and features a single building with two stories. The property's proximity to popular local businesses like Lazy Moon and Lineage Coffee, and its closeness to the Mills 50 District, adds to its appeal. This is a rare opportunity to acquire a well-positioned office building with significant potential for growth and return. The property's features, including ample parking and high visibility, make it an attractive option for a variety of businesses.

Location Insight

City

Orlando

County

Orange

State

Florida

Longitude

-81.3676

Latitude

28.5535

CBSA code

36740

CBSA name

ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments