About 305 N U.s. Highway 1
Prime commercial investment opportunity with an estimated 7.08% cap rate located on highly traveled US Highway 1 in Ormond Beach with an approximate AADT traffic count of 21,500 vehicles per day and over 227 feet of frontage exposure. Conveniently located close to Granada Boulevard and just minutes from I-95, this B-5 zoned freestanding commercial office property offers excellent visibility and flexibility for a variety of commercial uses. Building area total is approximately 747 square feet per the Appraiser and situated on approximately 0.26 acres. Interior features include three flexible office spaces and a restroom. Property also offers ample well-lit parking and a large pole sign for additional business exposure. Previous reported uses have included golf cart sales and automotive sales. CURRENT BUSINESS DOES NOT CONVEY. DO NOT DISTURB TENANT. All information deemed reliable but not guaranteed and should be independently verified by buyer and buyer's agent. Some photos have been virtually staged.
Features of 305 N U.s. Highway 1
| MLS® # | 1226872 |
|---|---|
| Price | $529,000 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 305 N U.s. Highway 1 |
|---|---|
| Area | 44 - Ormond N of 40, S Tomoka River, E of US1 |
| City | Ormond Beach |
| County | Volusia |
| State | FL |
| Zip Code | 32174 |
Amenities
| Utilities | Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Other |
|---|---|
| Roof | Shingle |
| Construction | Block, Concrete |
Listing Details
| Office | Epique Realty Inc |
|---|