15 Hargrove Ln - Warehouse CONDO FOR SALE


Palm Coast, FL 32137
$215,000 USD
754-332-9332
15 Hargrove Ln, Palm Coast, FL for Sale
$215,000 USD
Warehouse CONDO - FOR SALE
1/12
1,000 SF | 9% Cap Rate

NEW


15 Hargrove Ln
Palm Coast, FL 32137


HIGHLIGHTS

  • Must Sell! It Won't Last ! Call for info !
  • Perfect for a growing small business (owner-user looking for a permanent office) - or a savvy investor seeking excellent rental income potential!
  • Join a community of established businesses, including mechanics, painters, and HVAC companies, for valuable networking opportunities.

OVERVIEW

Imagine the possibilities: perfect for a growing small business, an owner-user looking for a permanent home, or a savvy investor seeking excellent rental income potential. Benefit from assigned parking and the vibrant business community around you, including auto mechanics, screened enclosure installers, painters, HVAC companies, pool supply businesses, and bakers. Don't miss this rare opportunity to secure a low-maintenance, income-producing asset in a well-maintained complex. This is more than just a property; it's a strategic investment in your business's success. Located in the heart of Palm Coast's thriving commercial corridor, this light industrial unit offers the ideal blend of functionality and location. This is a real estate listing for the sale of two commercial units, 5K and 5L, located in Palm Coast, Florida. The seller is offering both units together for a total of $430,000. The units combined highlight 2,000 square foot space, plus a dedicated 400 sq. ft. office with 2 private bathroom, 12 foot overhead door for a seamless access and new wall A/C ! It is presented as a low-maintenance, income-producing property with a monthly HOA fee of $315 per unit and an average rental income of $1,500 per unit. The listing emphasizes the property's prime location within the commercial and industrial corridor of Palm Coast. Property details: Two units (5K and 5L) combined for a total of 2,000 sq ft Asking price: $430,000 Monthly HOA fee: $315 per unit ($941 quarterly) Average rental income: $1,500 per unit Location: Palm Coast, Florida, within a commercial and industrial corridor Assigned Parking: Convenient assigned parking spaces are included. Established Location: Situated in a well-maintained complex, the property offers excellent visibility and access to major roadways. Thriving Network: Join a community of established businesses, including mechanics, painters, and HVAC companies, for valuable networking opportunities. Low Fees: The monthly HOA fee is $315 per unit, making it a cost-effective investment. Versatile Space: The combined 2,000 sq. ft. offers flexibility for a wide range of business uses, including a combination of office, shop, and storage space. Functional Layout: The units include a total of 1,600 sq. ft. of shop area and 400 sq. ft. of office space, which features private bathrooms and a new wall A/C unit in one office. Easy Access: A 12-foot overhead door provides simple access for deliveries, equipment, and vehicles. Income Potential: This low-maintenance property has strong rental income potential, with an average rental income of $1,500 per unit. Assigned Parking: Convenient assigned parking spaces are included.

FOR SALE DETAILS

PRICE

$215,000 USD

CAP RATE

9%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

#5k

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Manufacturing, Service

TOTAL BUILDING SIZE

10,000 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,220 SF

ZONING

IND-1

APN/PARCEL ID

16-11-30-4915-00010-01A0,16-11-30-4915-00010-03A0

ASK ABOUT THIS PROPERTY

Marcelia BrooksDalton WadeMore Info
754-332-9332

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Marcelia BrooksDalton WadeMore Info
754-332-9332

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