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Site Last Updated:
April 19, 2010 11:42

9,200 SF Office Building - For Sale $2.0 million ($215/sq ft)
Available for Occupancy - December 2009
Available for Lease - details

4417 E. Colonial Drive, Orlando, FL 32803
alternate address: 728 Gear Lake Avenue, Orlando FL 32803
current occupant - Pace Center for Girls

Locator Map * Aerial Photo * Aerial Photo2

Summary Great mid-century, one-story modern office building with several large offices, classrooms / conference rooms, 4 bathrooms, kitchen, and 2000-square foot community room. The property is ideal for many uses including office, medical, or showroom space, and is located within minutes of Baldwin Park, Downtown Orlando, and Winter Park. Excellent high-traffic lighted signage on Highway 50 Colonial Drive. While initially constructed in 1955, the building has been completely renovated over the last three years.
Location
  • 4417 E. Colonial Drive, Orlando, Florida 32803
    • alternate address: 728 Gear Lake Avenue, Orlando FL 32803
  • 2 blocks south of the Baldwin Park entrance on Bennett Road
  • View of Lake Gear (as seen and crossed when on the Cady Way Trail)
  • Next to Best Buy Shopping Center, directly behind Orlando Bible Church (4411 E. Colonial Drive)
Building Specifics
  • 9,223 heated per appraisal, calculation
    • Note: 9,314 gross / 9,153 heated per tax roll, sketch
  • Legal Description: Lots 1,2 3, and 19, Block M, Tinker Heights, Plat Book M Page 93, Orange County, FL
  • Orange County parcel id: 20-22-30-8688-13-010
  • 0.68-acre site, dual ingress and egress, 30 private parking places (1 space per 307 building sq ft) plus additional spaces via cross-park agreement with neighboring business
  • Survey, 8x11 and Survey, 11x17
  • Floor Plan | Floor Plan with Measurements
  • Clean Phase I Environmental, completed December 2005, available on request
  • Highway 50 Signage illustration
  • Summary: one-story construction, block and stucco, poured concrete foundation, 100-year tile roof, numerous large fixed glass tinted windows, 8-foot ceiling height with 20-foot community room vaulted ceiling, 4-zone of air conditioning with recently replaced compressors and air handlers, painted drywall interior finish and standard vinyl baseboard trim
Zoning
  • AC-3 zoning details, Metropolitan Activity Center, Traditional City, City of Orlando; this is among the city's most intensive classifications
  • Permitted uses include: day care, nursing home, child care, clinics, communication towers, eating and drink establishments, emergency shelter,  medical / dental lab or office, office, retail, schools, showroom, treatment center
  • For verification, please contact the City of Orlando - Planning and Zoning, 407-246-2269
Availability
  • Available between December 2009 and May 2010
Terms / Price
  • $2.0 million ($215 / sq ft)
    • Preferred financing available from SunTrust - contact Skip Costantine 407-222-7011
    • Use standard FAR Commercial Contract, available for download here - contract and addendum
CommissionLicensed Real Estate Agents will receive a 3% commission based on the gross lease amount
Contact Robert Cascio, Licensed Real Estate Broker
robert@floridalandgroup.com

407.538.1000 mobile
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Comparable Active Listings - updated 6/29/2009 from Property Source Book
Please note that zoning and parking are critical factors. The subject property advertised above is zoned for AC-3 for high commercial intensity such as retail, schools, and restaurants. In addition, this property includes 30 private parking spaces (3.25/1,000 sq ft) with additional spaces via cross-parking arrangements.

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