1945 W Park Avenue, Edgewater, FL 32132
$430,000
Property Type:
Commercial Sale
Square Footage:
8,313
Status:
Closed
Current Price:
$430,000
List Date:
5/03/2019
Last Modified:
9/28/2024
Description
Unique Storage Building Opportunity. Over 8300 S.F. and current 100% occupied. Each Unit is 12 x 25 with 12 ft High ceiling. Concrete Block Construction with New Electrical Panel in 2017 & Roof in 2004.
There is a Firewall between every 3 Units and with the expansion to I-95 currently in progress Park Ave will change in uses. This building could be converted into offices or many other types of uses. Great road frontage on a corner lot makes this very attractive to purchase. Their is plenty of upside in the rental income that it currently generates. Lot is 250 X 179 West Side & South Side & 175 x 245 East Side & North Side.
More Information MLS# 1057103
General Property Information
Number Of Units Total: 25
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: US Hwy 1 to W. Park Ave head west . Property on North side of road
Public Remarks: Unique Storage Building Opportunity. Over 8300 S.F. and current 100% occupied. Each Unit is 12 x 25 with 12 ft High ceiling. Concrete Block Construction with New Electrical Panel in 2017 & Roof in 2004.
There is a Firewall between every 3 Units and with the expansion to I-95 currently in progress Park Ave will change in uses. This building could be converted into offices or many other types of uses. Great road frontage on a corner lot makes this very attractive to purchase. Their is plenty of upside in the rental income that it currently generates. Lot is 250 X 179 West Side & South Side & 175 x 245 East Side & North Side.
Building Area Total: 8313
Lot Size Dimensions: .7271 Acres
List Price/SqFt: 114.28
Sold Price/SqFt: 51.73
Year Built: 1977
Location, Tax, and Legal
Country: US
Parcel Number: 7452-01-00-0441
Tax Annual Amount: 1967
Tax Year: 2018
Tax Legal Description: 52-17-34 W 222.67 FT OF E 2361.65 FT AS MEAS ON N/L OF PARK AVE BEING 162.2 FT ON E/S DALE ST LOT 42 ASSRS SUB ALVAREZ GRANT LYING S OF RR ROW EXC S 18.084 FT ON W/L FOR R/W PER OR 3920 PG 2013
Zoning Description: Industrial
Currently Not Used
Year Built: 1977
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Wall/Window Unit(s): 1
Current Use
Industrial: 1
Electric
200+ Amp Service: 1
Road Frontage Type
City Street: 1
Sewer
Septic Tank: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Building Features
Maximum Ceiling Height: 12
Vac Warehouse SqFt: 8313
Business Type
Auto Service: 1
Industrial: 1
Professional/Office: 1
Storage: 1
Warehouse: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: 2 Lane ex to 4 lane; Zoning (Text): L-1 Light Industrial; Bldg Type/Location: Free Standing; Meters: # Electric Meters: 1, # Water Meters: 1; SqFt - Total: 8313.00; Confidential Listing: N; Highway Access: I-95 Near; % Occupancy: 100.00; Road Frontage: 250.00; Depth: 179.00; Commercial Property Name: Storage/Mini WH Unit; Franchise Opt In: No; Current # Tenant: 25.0000
Contract Information
Current Price: $430,000
Sold Price: $430,000
Status: Closed
Listing Contract Date: 2019-05-01
Property Sub Type: Business
Location Tax and Legal
Street Number: 1945
Street Direction Prefix: W
Street Name: Park
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32132
MLS Area Major: 80 - Edgewater
Status Change Information
Major Change Timestamp: 2019-06-25T17:45:14Z
Major Change Type: Status Change
Purchase Contract Date: 2019-06-01
Close Date: 2019-06-24
Close Price: 430000
Property Features
Business Type: Auto Service; Industrial; Professional/Office; Storage; Warehouse
Construction Materials: Block; Concrete; Stucco
Cooling: Wall/Window Unit(s)
Current Use: Industrial
Electric: 200+ Amp Service
Road Frontage Type: City Street
Sale Includes: Building & Land
Sewer: Septic Tank
Utilities: Separate Electric Meters; Separate Water Meters
Listing Office:
Adams, Cameron & Co., Realtors (Commercial)
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.