$2,270,000
8431 E COLONIAL DR Orlando, FL 32817
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$2,270,000
Est. payment /mo
4,719 SqFt
Active
8431 E COLONIAL DR Orlando, FL 32817
UPDATED:
09/20/2024 02:55 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,719 sqft
Price per Sqft $481
Subdivision Hilltop Manor
MLS Listing ID O6220496
HOA Y/N No
Originating Board Stellar MLS
Year Built 1976
Annual Tax Amount $14,091
Lot Size 0.710 Acres
Acres 0.71
Property Description
Discover 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. Don’t 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!
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. Don’t 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!
Location
State FL
County Orange
Community Hilltop Manor
Zoning C-1
Interior
Cooling Central Air
Exterior
Waterfront false
Roof Type Membrane
Building
Lot Description Corner Lot
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block
New Construction false
Others
Ownership Corporation
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
© 2024 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Listed by BLUE CHIP INTERNATIONAL REALTY LLC
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