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1294 Sr-a1a, Ormond Beach, FL

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1294 Sr-a1a

Ormond Beach, FL 32176 - Ormond Beach Submarket

Property Type:Retail Sub Type:- Status:Existing Year Built:1955
Building Size:15,488 SF Land Area:.42 AC (18,374 SF)
For Sale Price:$489,000 Price/SF:$31.57
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 2.61/1,000 SF

Sale Notes:
A Great Investment on this beachside, mixed-use property. There are three retail units, three residential units and 2-3 storage units. The upstairs residential units have been gutted and are ready for a total renovation. All other units are leased and the purchase price represents an 8% cap rate with plenty of upside potential. This is a rare Ormond Beachside income opportunity.
Approximately 4 miles North of Granada just North of the Publix Shopping Center

SVN Alliance Commercial Real Estate Advisors
Carl Lentz
(386) 566-3726

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