325 S Yonge Street, Ormond Beach, FL

$585,000

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2

Baths

0.45

Acres

About 325 S Yonge Street

Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point. The Numbers Work From Day One. Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location. Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day. Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses that thrive on street-level visibility. The Asset This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases. Why Ormond Beach? Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.

Features of 325 S Yonge Street

MLS® # 1224442
Price $585,000
Bathrooms 2.00
Acres 0.45
Year Built 1958
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 325 S Yonge Street
Area 41 - LPGA to Granada, E of Nova
Subdivision Rio Vista Gardens
City Ormond Beach
County Volusia
State FL
Zip Code 32174

Amenities

Utilities Cable Available, Electricity Connected, Sewer Connected, Water Connected
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Interior Carpet, Vinyl
Heating Central, Electric
Cooling Central Air
Fireplace No
# of Stories 1

Exterior

Lot Description Corner Lot
Roof Other
Construction Block, Concrete, Stucco

Additional Information

Zoning Commercial

Listing Details

OfficeOceans Luxury Realty Full Service LLC

Listing Map

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