123 W Rhode Island Ave - Storefront Retail/Office FOR SALE


Orange City, FL 32763
$1,350,000 USD
407-305-2284
123 W Rhode Island Ave, Orange City, FL for Sale
$1,350,000 USD
Storefront Retail/Office - FOR SALE
1/50
null | 6.91% Cap Rate

123 W Rhode Island Ave
Orange City, FL 32763


HIGHLIGHTS

  • Income-Producing Commercial Campus
  • Owner-User Opportunity
  • 2.25 Acres with Future Potential
  • Road Frontage

OVERVIEW

Position your business for success while benefiting from existing rental income at this versatile 2.25-acre commercial campus in Orange City. The property consists of four buildings totaling approximately 6,060 SF and is currently generating approximately $9,200 per month in rental revenue. With one tenant's lease nearing expiration, a purchaser can occupy the front two buildings totaling approximately 2,500 SF while retaining income from the remaining leased space. The layout, parking, and site size make this property ideal for a wide variety of commercial applications including: Professional Offices Medical Offices Educational Facilities Daycare Operations Religious Organizations Training Centers Nonprofit Headquarters Service-Based Businesses Located just minutes from Volusia Avenue (US 17-92), the property benefits from strong accessibility, visibility, and future growth throughout the Orange City market. A rare blend of immediate cash flow, owner-user flexibility, and long-term development potential.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

6.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.25 AC

LAND SF

98,010 SF

ZONING

CG-2

APN/PARCEL ID

8011-08-30-0221

ASK ABOUT THIS PROPERTY

Nicholas VaseloffPrimeFit Properties LLCMore Info
407-305-2284

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Nicholas VaseloffPrimeFit Properties LLCMore Info
407-305-2284

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.