Orlando/17502 E Colonial Drive

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Short Sale. DRASTICALLY REDUCED! This property consists of 3 SEPARATE STRUCTURES on 2.2131 ACRES with 150 feet of frontage on E. Colonial (SR 50). The buildings include an fully operating BAR (called Bottle Caps) with 2,240 leasable square feet, a leased SINGLE FAMILY HOME with 955 heated square feet, and an unused MOTEL with 6 units at a total of 1,344 square feet. This stretch of E. Colonial has a traffic count of 25,000+ daily! Approximately 1 acre of the parcel is fully cleared and undeveloped. PUBLIX is less than 1 mile west and Sherwin Williams & Family Dollar have built on the adjacent parcel. This property is grossing nearly $10,000/month on average with no income being produced by the motel. There is immediate CASH FLOW potential as well as the ability to develop the remainder of the parcel or redevelop what exists. Call for more information.

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