$300,000
$299,900
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4,036 SqFt
SOLD DATE : 12/08/2022
Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,036 sqft
Price per Sqft $74
Subdivision Fleming Fitch Grant
MLS Listing ID NS1071703
Sold Date 12/08/22
HOA Y/N No
Originating Board New Smyrna Beach Board of Realtors
Year Built 1950
Lot Size 0.560 Acres
Acres 0.56
Property Description
Great opportunity to own a 0.55 parcel zoned B-5 Service Commercial Zoning District in Ormond Beach, with 3 structures and a billboard located on the property. The warehouse/garage building is 1,600 sq ft and is located on the far right side of the property. There is a concrete block single family home to the rear of the property and a mobile single family home in the middle of the property. Both single family homes have had long term tenants renting on a month to month basis. Both single family homes will be ready for immediate occupancy by closing. The billboard has a long term lease with a major local billboard company from 2006-2026 at $485/month + 25% of gross income (averaging $100-$150 additional per month). This property has 4 potential revenue streams on it! B-5 Service Commercial Zoning allows for the following permitted uses: adult day care centers, assisted living, business & professional office, business service, convenience store, financing institution, funder home, retail sales, and warehouse storage business. Buyers to verify all facts. This property is offered in AS IS condition and will not last long!
Location
State FL
County Volusia
Community Fleming Fitch Grant
Zoning B-5
Exterior
Utilities Available Other
Roof Type Other
Building
Lot Description City Limits
Entry Level One
Sewer Other
Water See Remarks
Structure Type Combination
Others
Special Listing Condition None
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Bought with EXP REALTY LLC