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Mills 50 District Commercial Opportunity 818 E Colonial Dr 3,840 SF Office Building Orlando, FL 32803 $2,399,000 ($624.74/SF)
INVESTMENT HIGHLIGHTS
- 3,840 SF free standing building
- Built in 1982, renovated in 1985
- Prime retail investment opportunity
- 14 Parking Spaces
- Zoned MU-1/T for versatile commercial development
- Ample space for diverse retail ventures
EXECUTIVE SUMMARY
818 E. Colonial Dr. is a 3,840-square-foot, single-story masonry building ideally positioned on the hard corner of E. Colonial Drive and Hyer Avenue in the heart of the Mills 50 District. Previously home to Vision Max and before that an MRI imaging center, the property’s turnkey floor plan features multiple private offices and exam suites—many already plumbed or easily retrofitted for sinks, lab stations, or treatment rooms. A 480-volt electrical service ensures the capacity to support high-power users, from radiology and imaging to other specialty practices.
The building sits on a generous parcel with 14 asphalt covered parking spaces and offers prominent building facade and monument signage at the intersection. With direct frontage on E. Colonial Drive and an average daily traffic count of 48,500 vehicles, this freestanding asset delivers unparalleled visibility and convenience for both employees and customers.
Zoned ORL-MU-1/T Mixed-Use, 818 E. Colonial Dr. opens the door to a broad spectrum of uses—professional and medical offices, boutique retail, restaurant concepts, and beyond. Whether you’re seeking a turn-key medical practice, a destination restaurant, or a creative retail showroom, this property combines structural flexibility, strong infrastructure, and Mills 50’s vibrant “foodie” and cultural scene to create a truly one-of-a-kind opportunity.
The building sits on a generous parcel with 14 asphalt covered parking spaces and offers prominent building facade and monument signage at the intersection. With direct frontage on E. Colonial Drive and an average daily traffic count of 48,500 vehicles, this freestanding asset delivers unparalleled visibility and convenience for both employees and customers.
Zoned ORL-MU-1/T Mixed-Use, 818 E. Colonial Dr. opens the door to a broad spectrum of uses—professional and medical offices, boutique retail, restaurant concepts, and beyond. Whether you’re seeking a turn-key medical practice, a destination restaurant, or a creative retail showroom, this property combines structural flexibility, strong infrastructure, and Mills 50’s vibrant “foodie” and cultural scene to create a truly one-of-a-kind opportunity.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
3,840 SF
Building Class
B
Year Built
1982
Price
$2,399,000
Price Per SF
$624.74
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,840 SF
Building FAR
0.29
Lot Size
0.30 AC
Zoning
ORL-MU-1/T - Office/Medical/Retail/Restaurant/Bar
Parking
14 Spaces (3.65 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
Walk Score®
Walker's Paradise (94)
Bike Score®
Very Bikeable (81)
PROPERTY TAXES
| Parcel Number | 25-2229-1520-01-010 | Improvements Assessment | $453,700 |
| Land Assessment | $368,908 | Total Assessment | $822,608 |
PROPERTY TAXES
Parcel Number
25-2229-1520-01-010
Land Assessment
$368,908
Improvements Assessment
$453,700
Total Assessment
$822,608
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Mills 50 District Commercial Opportunity | 818 E Colonial Dr
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