4616 S Atlantic Ave - Storefront Retail/Residential FOR SALE


Ponce Inlet, FL 32127
$599,400 USD
407-539-4844
4616 S Atlantic Ave, Ponce Inlet, FL for Sale
$599,400 USD
Storefront Retail/Residential - FOR SALE
1/5
null | Request Cap Rate

4616 S Atlantic Ave
Ponce Inlet, FL 32127


HIGHLIGHTS

  • There are no options in Ponce inlet for small businesses this is one

OVERVIEW

Never opened Cafe in build out process , grease trap installed, two bathrooms built out and decorated. Property has been used to store restaurant furnishings and equipment- market GPR $3,200 per month , seller makes no claims to personal property in facility but all can be purchased from tenant . This is a commercial condominium, part of a 7 member Fishermen's Harbor Village condo association. High ceilings , backs up to common area . Fronts on Harbor Village Boulevard and backs up to 7-11 in Ponce Inlet. Common area maintenance fee is $399 per month . Medical / office commercial opportunity in the heart of Ponce inlet. Commercial Condominium ’s in Ponce inlet \ 7 total units in association A and B are two separate entities, 640 sq foot A can be purchased or leased as well TBD amount. Located in the heart of Ponce inlet. The current tenant is month to month. Note there is 2 .5 acres behind this property zoned multi- family commercial that will be built out one day , new survey markers appears last week its ripe 4616 B is built out Café with an inground grease trap the tenant spent $20,000 on 5 year ago How is Ponce trending ? Let me just say Robert Plant ( Lead Zeppelin ) is building an ocean mansion here ( now ) We had private equity just buying up serval water front’s marinas and restaurants $10,000,000 Light House Marina, $16,000,000 Down the hatch $6,000, 0000 Critter Fleet Ponce is better than NSB – There is a recent comp at 3612 S Atlantic Avenue Daytona Beach shores 2.5 miles north a salon that was put up for sale and sold for full price at $750,000 @ 2,003 sq feet Or $374.44 per foot on the sale If I sold just the B side that equates to $647,778. Sale price on 4616 B ( 1730 sq ft X 374.44 per foot ) Note water main line is shared with A , an agreement to share costs must be put in place as the ratio of sq footage. FYI sold is as is condition , broker is owner

FOR SALE DETAILS

PRICE

$599,400 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

commercial

APN/PARCEL ID

6419-45-04-616B,7435-02-11-0090

ASK ABOUT THIS PROPERTY

Michael O'ShaughnessyMichael O'Shaughnessy Inc. REAL ESTATE BROKERSMore Info
407-539-4844

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Michael O'ShaughnessyMichael O'Shaughnessy Inc. REAL ESTATE BROKERSMore Info
407-539-4844

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