305 N U.S. Highway 1, Ormond Beach, FL 32174
305 N U.S. Highway 1, Ormond Beach, FL 32174
305 N U.S. Highway 1, Ormond Beach, FL 32174
305 N U.S. Highway 1, Ormond Beach, FL 32174
305 N U.S. Highway 1, Ormond Beach, FL 32174
305 N U.S. Highway 1, Ormond Beach, FL 32174
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$ 549,900
Est. payment | /mo

747 SqFt

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$ 549,900
Est. payment | /mo
Save

747 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 747 sqft

Price per Sqft $736

MLS Listing ID 1226872

Year Built 1957

Annual Tax Amount $3,259

Property Sub-Type Mixed Use

Source Daytona Beach Area Association of REALTORS®

Property Description

Prime commercial investment opportunity with an estimated 6.82% cap rate located on highly traveled US Highway 1 in Ormond Beach with an approximate AADT traffic count of 21,500 vehicles per day and over 227 feet of frontage exposure. Conveniently located close to Granada Boulevard and just minutes from I-95, this B-5 zoned freestanding commercial office property offers excellent visibility and flexibility for a variety of commercial uses. Building area total is approximately 747 square feet per the Appraiser and situated on approximately 0.26 acres. Interior features include three flexible office spaces and a restroom. Property also offers ample well-lit parking and a large pole sign for additional business exposure. Previous reported uses have included golf cart sales and automotive sales. CURRENT BUSINESS DOES NOT CONVEY. DO NOT DISTURB TENANT. All information deemed reliable but not guaranteed and should be independently verified by buyer and buyer's agent. Some photos have been virtually staged.

Location

State FL

County Volusia

Area 44 - Ormond N Of 40, S Tomoka River, E Of Us1

Direction Granada, Head north on US1, Property is on right (east), corner lot of US1 and Rosewood Ave.

Region Ormond Beach

City Region Ormond Beach

Interior

Heating Central

Cooling Central Air

Heat Source Central

Exterior

Parking Features Parking Lot

Utilities Available Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

View Y/N No

Roof Type Shingle

Road Frontage Highway

Building

Lot Description Other

Sewer Public Sewer

Water Public

Level or Stories 1

Structure Type Block,Concrete

Others

Tax ID 424110140010

Acceptable Financing Cash, Conventional, Owner May Carry, Private Financing Available, Other

Listing Terms Cash, Conventional, Owner May Carry, Private Financing Available, Other

Special Listing Condition Standard

Listed by Sarah Amarasinghe • Jason Mitchell Real Estate Florida LLC

Schools and Properties Nearby

Derek Hill

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(386) 286-8312

theman@dereksellsflhomes.com

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305 N U.S. Highway 1