00 US-1, Ormond Beach, FL 32174
$875,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
18,731
Status:
Closed
Current Price:
$875,000
List Date:
10/12/2022
Last Modified:
9/28/2024
Description
Well established European Automotive repair shop located in Volusia County, Fl. This outstanding business specializes in Mercedes-Benz, VW, BMW, Mini, Audi, and Porche vehicles. Situated on a large corner lot with direct frontage on US Hwy 1 offering high visibility with 19,500 AADT. There are 7 bays, lobby, office, and all of the equipment, tools, and inventory included allowing new owners to be successful from day one. There is also the opportunity to include a vehicle dealer's license to add significant upside revenue.
Supplements: Square footage received from tax rolls. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
More Information MLS# 1102058
General Property Information
Lot Size Acres: 0.43
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: North on US 1 from Granada Blvd to the corner of Lincoln Ave and Yonge St.
Public Remarks: Well established European Automotive repair shop located in Volusia County, Fl. This outstanding business specializes in Mercedes-Benz, VW, BMW, Mini, Audi, and Porche vehicles. Situated on a large corner lot with direct frontage on US Hwy 1 offering high visibility with 19,500 AADT. There are 7 bays, lobby, office, and all of the equipment, tools, and inventory included allowing new owners to be successful from day one. There is also the opportunity to include a vehicle dealer's license to add significant upside revenue.
Lot Size Dimensions: 144x130
Year Built: 1961
Location, Tax, and Legal
Country: US
Parcel Number: 4241-07-01-0010
Tax Annual Amount: 3141
Tax Year: 2021
Tax Legal Description: LOT 1 & LOT 2 EXC W 5 FT BLK 1 LA VEGA ORMOND MB 1 PG 58 EXC PT IN HWY PER OR 4814 PG 2885 PER OR 5707 PG 0811 PER OR 7057 PG 4909
Currently Not Used
Year Built: 1961
Construction Materials
Block: 1
Concrete: 1
Cooling
Other: 1
Current Use
Retail: 1
Income and Expenses
Gross Income: 700000
Listing Terms
Other: 1
Road Frontage Type
Highway: 1
Other: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Business Type
Commercial: 1
Retail: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Bldg Type/Location: Free Standing; Interior Improvement: Ground Level Door, Truck Drive in Door; Included in Sale: Business Name, Good Will; Parking: Lighted, Paved; Confidential Listing: Yes; Franchise Opt In: Yes
Contract Information
Current Price: $875,000
Sold Price: $875,000
Status: Closed
Listing Contract Date: 2022-10-13
Property Sub Type: Business
Location Tax and Legal
Street Number: 00
Street Name: US-1
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 45 - Ormond N of 40, W of US1, E of 95
Status Change Information
Major Change Timestamp: 2023-10-03T17:31:50Z
Major Change Type: Status Change
Purchase Contract Date: 2023-08-24
Close Date: 2023-10-03
Close Price: 875000
Property Features
Business Type: Commercial; Retail
Construction Materials: Block; Concrete
Cooling: Other
Current Use: Retail
Listing Terms: Other
Road Frontage Type: Highway; Other
Sale Includes: Building & Land
Sewer: Public Sewer
Water Source: Public
Listing Office:
Realty Pros Assured
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.