• Listing status icon

    $800,000

  • Active | MLS#: O5450748
  • 2,926Sq Ft
  • 0.37Acre

8505 E COLONIAL DR ORLANDO, FL 32817

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Overview

Finally a COMMERCIAL property on a CORNER LOT and on a busy State Route 50 (E. Colonial Dr)...Right off 417 Exit on the DOWNTOWN side. RT 50 is under going a major expansion and this section is now complete. SIDEWALKS and STREET LIGHTS have been installed by the city. BUS STOP is near by. Lot's cars going by every day which creates great EXPOSURE. Two residential home behind this restaurant belong to the owner and he is willing to sell them as a PACKAGE DEAL so you have room to expand or need additional parking. The property is currently occupied by a SUCCESSFUL GREEK RESTAURANT which is in business since 1979. The business and equipment are also for sale offered at $150k, but if you buy the property, owner is willing to sell you the business and equipment for ONLY $50k, which is a FRACTION of what it's worth. Don't pay HIGH RENT or sign another lease. The time to OWN is now. The opportunity is knocking. Owner is RETIRING and this is your OPPORTUNITY to TAKE OVER already successful business and MAKE IT YOURS.

Listing provided courtesy of: TOP ORLANDO REALTY

General Features

  • Property Style Restaurants/Bars
  • County Or Parish Orange
  • MLS Area Major Orlando/Union Park/University Area
  • Tax Year 2015
  • Taxes 3591
  • Township 22
  • Year Built 1959

Building Features

  • Property Status Existing
  • Air Conditioning Central, Zoned/Multiple
  • Ceiling Height 8 to 9 Feet
  • Ceiling Type Drywall
  • Electrical Service 101-200 Amps,220v Power
  • Construction Status Completed
  • Flex Space Sq Ft 2926
  • Floor Covering Carpeted, Tile
  • Freezer Space 1
  • Heatingand Fuel Central, Fuel - Electric, Heat Pump, Wall Units / Window Unit, Zoned/Multiple
  • Miscellaneous Cable,Columns,Common Lighting,DSL,Dumpsters,Fire Alarm,Lit Signs on Site
  • Miscellaneous Drainage Ditch, Fiber Optic, Fire Hydrant, Grease Trap, Kitchen, Propane Tank, Reception, Restrooms - Private, Seating, Smoke Alarms, Trash Pickup, TV Survellence
  • Numof Restrooms 1
  • Roof Rolled
  • Sq Ft Heated 2,926
  • Property Use RETAIL COMMERCIAL
  • Total Number Buildings 1

Property Features

  • Adjoining Property Commercial, Residential
  • Exterior Construction Block, Brick, Concrete Block, Stucco
  • Front Footage 145
  • Location Central Business Distric, Corner Lot, In City Limits, On Bus Line, Street Paved
  • Lot # 1
  • Lot Size Acres 0.37
  • Lot Size Sq Ft 16215
  • Parking 19 to 30 Spaces, Over 30 Spaces
  • Road Frontage State Road
  • Road Frontage Ft 145
  • Total Acreage 1/4 Acre to 21779 Sq. Ft.
  • Utilities BB/HS Internet Capable, City Water, Electric, Gas-LP, Public Sewer, Public Water, Septic Tank, Telephone
  • Transportation Access City, Frontage, State Highway, US Highway

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Price & Status History

Days on Market

  • This property has been listed on the market for 203 days

Location

The property map location is: Accurate, based on Google's address match.

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 32817 (ORLANDO)

  • Housing Occupancy

    Home Owners
    8,841
    49%
    Renters
    8,234
    46%
    Vacant
    971
    5%
    Total Housing Units
    18,046
  • Households

    Average Household Size
    2.58
    Housing Density (People per square mile)
    4,257

Age Range (number of people)

Age 0-14
9,980
Age 15-24
4,520
Age 25-39
9,772
Age 40-59
14,760
Age 60-79
7,193
Age 80+
1,536
Total
47,761

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 32817 (ORLANDO)

Public Schools in Zip Code 32817 (ORLANDO)

* This list of schools may not match the property above.

  • UNIVERSITY HIGH SCHOOL
    11550 EASTWOOD DR ORLANDO, FL 32817
    Phone: 4074828700
    9th-12th
  • Grade Size Distribution
    • 9th
    • 960
    • 10th
    • 933
    • 11th
    • 876
    • 12th
    • 685
    • Teachers: 170
    • Students per Teacher: 20.3
    • Students: 3454
    • Male/Female: 1768/1612
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257
  • UNION PARK MIDDLE SCHOOL
    1844 WESTFALL DR ORLANDO, FL 32817
    Phone: 4072496309
    6th-8th
  • Grade Size Distribution
    • 6th
    • 413
    • 7th
    • 346
    • 8th
    • 400
    • Teachers: 71
    • Students per Teacher: 16.3
    • Students: 1159
    • Male/Female: 579/555
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257
  • RIVERDALE ELEMENTARY SCHOOL
    11301 LOKANOTOSA TRAIL ORLANDO, FL 32817
    Phone: 4077371400
    K-5th
  • Grade Size Distribution
    • Knd
    • 105
    • 1st
    • 101
    • 2nd
    • 103
    • 3rd
    • 108
    • 4th
    • 106
    • 5th
    • 99
    • Teachers: 43
    • Students per Teacher: 14.5
    • Students: 622
    • Male/Female: 325/281
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257
  • ARBOR RIDGE K-8
    2900 LOGANDALE DR ORLANDO, FL 32817
    Phone: 4076723110
    PreK-8th
  • Grade Size Distribution
    • PreK
    • 12
    • Knd
    • 66
    • 1st
    • 92
    • 2nd
    • 64
    • 3rd
    • 75
    • 4th
    • 86
    • 5th
    • 96
    • 6th
    • 89
    • 7th
    • 93
    • 8th
    • 78
    • Teachers: 60
    • Students per Teacher: 12.5
    • Students: 751
    • Male/Female: 351/363
    • District: ORANGE, 445 WEST AMELIA ST ORLANDO, FL 32801
    • Phone: 4073173202
    • Schools: 264
    • Full-Time Teachers: 10975
    • Students per Teacher: 15.7
    • Staff: 21875
    • Students: 172257
  • Private Schools in Zip Code 32817 (ORLANDO)

    * This list of schools may not match the property above.

    • UNIVERSITY SDA
      9191 UNIVERSITY BLVD Orlando, FL 32817
      Phone: 4076576904
      1st-8th
    • Grade Size Distribution
      • 1st
      • 3
      • 2nd
      • 1
      • 3rd
      • 2
      • 4th
      • 2
      • 5th
      • 1
      • 6th
      • 2
      • 7th
      • 2
      • 8th
      • 2
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 15
    • Downey Christian School
      10201 E Colonial Dr. Orlando, FL 32817
      Phone: 4072750340
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 108
      • Knd
      • 22
      • 1st
      • 25
      • 2nd
      • 20
      • 3rd
      • 25
      • 4th
      • 16
      • 5th
      • 5
      • 6th
      • 10
      • 7th
      • 8
      • 8th
      • 10
      • 9th
      • 10
      • 10th
      • 5
      • 11th
      • 4
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 268
    • Page Private School
      10250 University Blvd. Orlando, FL 32817
      Phone: 4076780333
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 200
      • Knd
      • 60
      • 1st
      • 60
      • 2nd
      • 60
      • 3rd
      • 45
      • 4th
      • 45
      • 5th
      • 30
      • 6th
      • 20
      • 7th
      • 25
      • 8th
      • 20
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 565
    • UNION PARK CHRISTIAN SCHOOL
      10301 E Colonial Dr Orlando, FL 32817
      Phone: 4072820551
      PreK-K
    • Grade Size Distribution
      • PreK
      • 76
      • Knd
      • 17
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 93

    * School data provided by US Department of Education


Listing information provided in part by the IDX Program of MFRMLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Data last updated on 1/20/2017 6:33 AM PST.

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* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional