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Key Details
Sold Price $1,750,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 16,834 sqft
Price per Sqft $103
MLS Listing ID 1120598
Sold Date 06/06/25
Year Built 1985
Annual Tax Amount $16,516
Lot Size 1.580 Acres
Lot Dimensions 1.58
Property Sub-Type Business
Source Daytona Beach Area Association of REALTORS®
Property Description
Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
75% interior renovation in early 2022 has produced 6 new tenants.
3 spaces remain ready for occupancy (potential rental income of $51,900/year).
At $137/square foot, this property is available for much less than construction cost.
Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
Of the 4 remaining spaces, 3 are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.
Location
State FL
County Volusia
Direction Located on S. Yonge Street/US-1 in Ormond Beach between Hand Avenue and Fleming st
Others
Senior Community No
Tax ID 4242-10-03-0200
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Chrissy Fabian
Broker Associate | License ID: BK3217104
Broker Associate License ID: BK3217104