CENTURY 21 Edge
Mixed Use

Commercial Lease · Mixed Use

$601,80030,090 sq ft$20 /sq ft0.85 acres

126 E COLONIAL DRIVE, ORLANDO, FL, 32801

Active662 days on marketListed Oct 1, 2024MLS #O6246378

About this property

The property at a glance

Prime 30,000 Sq Ft Mixed-Use Building in Downtown Orlando Discover a fantastic leasing opportunity in this 30,000 square foot mixed-use building, ideally located with high-visibility frontage on Colonial Drive in the heart of Downtown Orlando. Offering retail space on the first floor at $25 per square foot and office space on the second floor at $20 per square foot, this property is perfect for businesses looking to thrive in a well-traveled area. With plenty of parking—more than you’ll ever need—thanks to a massive lot at the rear of the building, your employees and customers will have stress-free access. The building is currently undergoing renovations, ensuring modern amenities and an updated look to match your business needs. Take advantage of being in the heart of Orlando's bustling downtown area, surrounded by the city's best restaurants, shopping, grocery stores, and essential services. Enjoy all the perks of city life without the typical downtown hassles. This is a prime location for retailers and office tenants looking for high foot traffic and easy accessibility. Don’t miss your chance to secure space in one of Orlando's most sought-after areas! FLEXIBLE OFFICE FLOOR PLANS ON SECOND FLOOR STARTING AT 500 SQ FEET PLUS.

30,090

Building sq ft

$20

Price / sq ft

0.85

Lot acres

1958

Year built

2

Buildings

O-3/T

Zoning

Mixed Use

Property type

Building size30,090 sq ft
Lot size0.85 acres
Year built1958
Buildings2
ZoningO-3/T
ConstructionBlock
CoolingCentral Air
Annual taxes$36,584

The numbers

Investment snapshot

NNN

Lease structure

3 to 5 Years

Lease term

Estimated payment (illustrative)

Down payment25% · $150,450
Interest rate6.00%
Loan term

Estimated payment

$5,915/mo

Principal & interest$2,706
Property taxes (actual bill)$3,049
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Chris to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

38,000vehicles / day · 2025Sr 527 / Orange Ave to Summerlin Ave · Traffic count · Florida DOT
5-min drive10-min drive15-min drive

What’s nearby

Mark HibachiRestaurant0.1 mi
7-ElevenGrocery0.1 mi
Wells FargoBank0.2 mi
Courtyard Orlando DowntownLodging0.2 mi
Downtown CREDORestaurant0.3 mi
Sparrow Wine BarRestaurant0.3 mi
Citrus RestaurantRestaurant0.3 mi
Hilton Garden InnLodging0.3 mi
Dunkin'Restaurant0.3 mi
Residence Inn Orlando DowntownLodging0.3 mi
City DinerRestaurant0.3 mi
Home2 SuitesLodging0.3 mi
Takumi RamenRestaurant0.3 mi
Fratelli's Italian RestaurantRestaurant0.4 mi
Domino'sRestaurant0.4 mi
IHOPRestaurant0.4 mi
Hoops TavernRestaurant0.4 mi
Yergey Snack ShackRestaurant0.4 mi
The Neighborhood EateryRestaurant0.5 mi
Dixie's CafeRestaurant0.5 mi
ChampsRestaurant0.5 mi
Relax GrillRestaurant0.5 mi
Fifth Third BankBank0.5 mi
Empire SzechuanRestaurant0.5 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

1,986

Population

$118,988

Median income

36

Median age

2

Avg household

$489,194

Median home value

$1,428/mo

Median rent

96%

Households w/ kids

Consumer profile

LGBTQ CultureTop 7%

This population is characterized by the expression of gay pride, gender identity, and accepting alternative lifestyles.

NetworkingTop 8%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Green ThumbTop 8%

From tiny sprouts and window plants, to flower arrangements and designing a landscape, this population has an affinity for all things green.

Yoga AdvocatesTop 8%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Pieces of HistoryTop 10%

You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.

Happy PlaceTop 11%

Expressing feelings of safety, comfort and happiness - especially with loved ones.

Recent sales

What actually sold near 126 E COLONIAL DRIVE

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

227 N MAGNOLIA AVENUE UNIT 205

$7,044

227 N MAGNOLIA AVENUE UNIT 205

13,911 sqft · $1/sqft · Sold Sep 20, 2025

227 N MAGNOLIA AVENUE UNIT 207

$7,044

227 N MAGNOLIA AVENUE UNIT 207

13,911 sqft · $1/sqft · Sold Sep 20, 2025

227 N MAGNOLIA AVENUE UNIT 211

$8,250

227 N MAGNOLIA AVENUE UNIT 211

13,911 sqft · $1/sqft · Sold Jul 14, 2025

Your team

The pros in your corner

Chris Shouse

Your agent

Chris Shouse

REALTOR® · CENTURY 21 Edge

Tours, offers, and every question about 126 E COLONIAL DRIVE — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 126 E COLONIAL DRIVE.

See it in person

Schedule a tour

Live availability from Chris's calendar — pick a time and it's booked.

Listing courtesy of OLDE TOWN BROKERS INC · Patricia Sullivan. MLS #O6246378.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.

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