1396 N Nova Rd - Storefront Retail/Office FOR SALE


Daytona Beach, FL 32117- Greater Daytona
$1,899,000 USD
386-852-7932
1396 N Nova Rd, Daytona Beach, FL for Sale
$1,899,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 6.16% Cap Rate

1396 N Nova Rd
Daytona Beach, FL 32117
Greater Daytona


HIGHLIGHTS

  • High Traffic Area
  • Block Construction
  • Multiple Income Streams

OVERVIEW

12,600 SF | Top-Tier Block Construction with Immediate Income and Occupancy Options This is an opportunity to own one of the best-built properties in the region. The 12,600 S.F. block construction building features durable concrete truss ceilings and has seen many recent, high-value upgrades. Currently, the property is 100% leased, providing a stable income stream. However, for a buyer looking to establish or expand operations, there is an owner-occupancy opportunity for up to 3,900 S.F. of space. The building was constructed to offer maximum versatility (originally 16 self-contained spaces) and can easily accommodate a wide range of needs, such as dedicated retail up front and functional warehouse space in the back, complete with a roll-up door. Recent Capital Improvements: New digital sign installed last year ($15,000). Roof sealing completed on the TPO roof. New soffit lighting and professional paint touch-ups. Located in the Volusia County Unincorporated Area, the property is ideal for many commercial uses. Qualified buyers are encouraged to inquire about the possibility of partial owner financing. Bring Offers!

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$151 USD /SF

CAP RATE

6.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

12,600 S.F Retail/Warehouse Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Convenience Store, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,443 SF

ZONING

B-4

APN/PARCEL ID

5237-06-01-0020

ASK ABOUT THIS PROPERTY

Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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Dan Lyonnais, CCIMAdams Cameron & Co., Realtors-Commercial DivisionMore Info
386-852-7932

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