1023 Colonial Dr Orlando, FL 32804

This exceptional investment opportunity presents a two-building, 3,360 square foot convenience store portfolio in Orlando, Florida, located at 1023 W Colonial Dr, 32804. Currently operating at 100% occupancy, the property generates a substantial $63,287 in net operating income (NOI), representing a 3.78% cap rate and a price per square foot of $498.51. The asking price is $1,675,000, offering immediate cash flow. The property is zoned for residential use, presenting significant redevelopment potential within a rapidly revitalizing area of downtown Orlando. This fee-simple ownership provides a unique chance to capitalize on Orlando's growth and the surrounding multi-million dollar development projects. The multi-tenancy structure ensures a diversified income stream. This is an ideal acquisition for investors seeking a blend of immediate returns and long-term appreciation in a prime location. The property's strong current performance and redevelopment potential make it a compelling investment opportunity in a dynamic market.