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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

Overview

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.

Listing Details MLS# 1102058

General Property Information

Year Built
1961
Lot Size Acres
0.43
Lot Size Dimensions
144x130
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.

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

Contract Information

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

Income and Expenses

Gross Income
700000

More Information

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

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
Yes
Concrete
Yes

Cooling

Other
Yes

Current Use

Retail
Yes

Listing Terms

Other
Yes

Road Frontage Type

Highway
Yes
Other
Yes

Sewer

Public Sewer
Yes

Water Source

Public
Yes

Business Type

Commercial
Yes
Retail
Yes

Sale Includes

Building & Land
Yes
Listing Office: Realty Pros Assured
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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