300-330 S Yonge St - Warehouse FOR SALE


Ormond Beach, FL 32174- Rio Vista Gardens
$1,450,000 USD
386-999-1762
300-330 S Yonge St, Ormond Beach, FL for Sale
$1,450,000 USD
Warehouse - FOR SALE
1/13
null | Request Cap Rate

300-330 S Yonge St
Ormond Beach, FL 32174
Rio Vista Gardens


HIGHLIGHTS

  • 330 S. Yonge Street (concrete block construction) is rented for $3,000/month (2,400 square feet) plus sales tax & utilities
  • Lease expires 01/31/2028. Roof installed 2018.
  • 326 S. Yonge Street (steel construction) is rented for $2,500/month (2,440 square feet) plus sales tax & utilities.
  • Lease expires 01/31/2027. Rent increases to $2,600/month on 02/01/2025 and $3,000/month on 02/01/2026.

OVERVIEW

Rare opportunity to purchase a property with existing warehouse space in Ormond Beach, FL. ADD-VALUE by raising rents. Ideal for an investor or an end-user that can occupy a portion of the property and collect rent to offset expenses.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.78

LAND SF

33,992

ZONING

B-5

APN/PARCEL ID

4242-10-06-0250,4242-10-06-0350,4242-10-06-0370

ASK ABOUT THIS PROPERTY

Michael BaxterSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-999-1762

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Michael BaxterSVN | Alliance Commercial Real Estate AdvisorsMore Info
386-999-1762

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