For Sale
$2,800,000

16884 Colonial Dr Orlando, FL 32820

1.1-Acre Commercial Lot, 2,260 SF Building

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional 1.1-acre commercial lot in Orlando, Florida, presents a unique investment opportunity. The property features a 2,260 square foot building, previously occupied by a Burger King, complete with a drive-thru. Located at 16884 E Colonial Drive, this site benefits from high visibility and convenient access, situated at the southwest quadrant of E Colonial Blvd and Chuluota Rd. The property enjoys excellent cross-access with established businesses including Walgreens, Taco Bell, and Fifth Third Bank. Its strategic location directly across from a Publix Supermarket and Corner Lakes Plaza ensures high foot traffic and strong consumer presence. This bustling area is experiencing significant retail and residential growth, making it an ideal location for a variety of commercial ventures. Pending plans and approvals are in place for a 3,345 square foot express car wash, incorporating a 100-foot tunnel, 18 vacuum stalls, and 3 pay stations. The asking price is $2,800,000, translating to $1,238.94 per square foot. The property is zoned for commercial use. This is a rare chance to acquire a well-positioned property with significant development potential in a thriving Orlando market.

Highlights

  • 1.1-acre commercial lot in Orlando, FL, with a 2,260 sq ft building (former Burger King with drive-thru).
  • Located at 16884 E Colonial Drive, SW quadrant of E Colonial Blvd and Chuluota Rd, offering high visibility and convenient access.
  • Excellent cross-access to Walgreens, Taco Bell, Fifth Third Bank, and across from Publix and Corner Lakes Plaza, ensuring high traffic.
  • Pending approvals for a 3,345 sq ft express car wash (100-foot tunnel, 18 vacuums, 3 pay stations).
  • Asking price: $2,800,000 ($1,238.94/sq ft), commercially zoned.

Property Details for 16884 Colonial Dr

Property type
Retail properties, Restaurants
Square Feet
2,260 SF
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Orlando
County
Orange
State
Florida
Latitude
28.5603392
Longitude
-81.1307899

FAQs

What type of property is this?
Retail property - 1.1-Acre Commercial Lot, 2,260 SF Building
Where is the retail property located?
The property is located at 16884 Colonial Dr Orlando, FL.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: 1.1-acre commercial lot in Orlando, FL, with a 2,260 sq ft building (former Burger King with drive-thru).; Located at 16884 E Colonial Drive, SW quadrant of E Colonial Blvd and Chuluota Rd, offering high visibility and convenient access.; Excellent cross-access to Walgreens, Taco Bell, Fifth Third Bank, and across from Publix and Corner Lakes Plaza, ensuring high traffic.
How can I contact the broker?
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16884 Colonial Dr
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