Commercial Sale · Retail
5510 W COLONIAL DRIVE, ORLANDO, FL, 32808
Active277 days on marketListed Nov 4, 2025MLS #O6357931
About this property
The property at a glance
Affinity Realty, LLC is pleased to present Mandarin Plaza, an exceptional investment opportunity in the heart of Central Florida. Located at 5510 W Colonial Drive, Orlando, FL 32808, Mandarin Plaza offers prominent frontage along State Road 50 (W Colonial Drive) — one of Central Florida’s most heavily traveled commercial corridors. Strategically positioned just off the SR 408 exit, the property provides convenient access to Downtown Orlando and the greater Central Florida region, making it an ideal destination for both local and regional customers. Mandarin Plaza is located adjacent to Chinatown Orlando, and the recent nearby additions of H Mart and Lotte Plaza Market continue to draw significant traffic and excitement to the area, further enhancing the property’s visibility and consumer appeal. This high-traffic, high-visibility retail center presents a rare opportunity for owner-users and value-add investors alike. The plaza benefits from strong daily traffic counts, excellent signage exposure, and a mix of long-standing tenants, including two non-owner occupants who have operated in the center for over 20 years, reflecting the stability and proven performance of the location.
40,787
Building sq ft
$368
Price / sq ft
4.24
Lot acres
1978
Year built
1
Building
C-1
Zoning
Retail
Property type
The numbers
Investment snapshot
5.2%
Cap rate
$774,462
Net operating income
Estimated payment (illustrative)
Estimated payment
$71,552/mo
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 Erwin to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
61,123
Population
$47,575
Median income
32.2
Median age
3.05
Avg household
$218,600
Median home value
$1,375/mo
Median rent
7,693
Households w/ kids
Recent sales
What actually sold near 5510 W COLONIAL DRIVE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$500,000
5115 SILVER STAR ROAD
3,000 sqft · $167/sqft · Sold Apr 24, 2025
$525,000
607 FAIRVILLA ROAD
Sold Feb 21, 2025
$2,000,000
5358 OLD WINTER GARDEN ROAD
19,978 sqft · $100/sqft · Sold Apr 27, 2026
Your team
The pros in your corner
Your agent
Erwin Vazquez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 5510 W COLONIAL DRIVE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 5510 W COLONIAL DRIVE.
See it in person
Schedule a tour
Live availability from Erwin's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of AFFINITY REALTY LLC · Matthew Fong. MLS #O6357931.
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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