401 N Us Highway 1, Ormond Beach, FL 32174

$810,262

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Property Description

Introducing a prime retail investment opportunity located at 401 U.S. 1, Ormond Beach, FL. This well-maintained 7,085 SF building, featuring 4 units, is ideally positioned for discerning retail investors. Built in 1978 and tastefully renovated in 2005, the property is 100% occupied, ensuring immediate rental income. The property has a 2024 roof, rebuilt and replaced backflows, new paint and sits on a large lot with expansion possibilities. Zoned B-8 and located in vibrant Ormond Beach, this property offers a lucrative proposition for those seeking a solid retail/street retail investment. With its strong occupancy and strategic location, this property represents a compelling asset in the thriving commercial real estate market. Contact Listing agents for financial information.

401 N Us Highway 1 | MLS# 1225011

This commercial property located at 401 N Us Highway 1, Ormond Beach, FL 32174 is currently listed for sale with an asking price of $810,262. Search Ormond Beach real estate on www.joinwatson.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 2.47 Acres
Roof Type: Membrane, Flat Tile
Taxes: $10,789
Year Built: 1978

Feature Descriptions

Business Type: Retail
Days on Site: 1
Directions: Corner of N US Hwy 1 and Melrose Avenue
Exterior: Block
Listing Terms: Cash, Conventional
Lot: Corner Lot, Irregular Lot
Parcel #: 4240-03-11-0120
Parking: Parking Lot
Property Attached Y/N: No
Property Sub-Type: Retail
Road Frontage: Highway
Sewer: Public Sewer
SQFT Total: 6725
Units: 4
Water: Public

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Commercial Benchmark

Shown By

Agency Title: Watson Realty Corp., REALTORS ® - Career
Agency Phone: (866) 243-8193

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