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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

Overview

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.

Listing Details MLS# 1057103

General Property Information

Number Of Units Total
25
Building Area Total
8313
Year Built
1977
Lot Size Dimensions
.7271 Acres
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.
List Price/SqFt
114.28
Sold Price/SqFt
51.73

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

Contract Information

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

Building Features

Maximum Ceiling Height
12
Vac Warehouse SqFt
8313

More Information

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

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
Yes
Concrete
Yes
Stucco
Yes

Cooling

Wall/Window Unit(s)
Yes

Current Use

Industrial
Yes

Electric

200+ Amp Service
Yes

Road Frontage Type

City Street
Yes

Sewer

Septic Tank
Yes

Utilities

Separate Electric Meters
Yes
Separate Water Meters
Yes

Business Type

Auto Service
Yes
Industrial
Yes
Professional/Office
Yes
Storage
Yes
Warehouse
Yes

Sale Includes

Building & Land
Yes
Listing Office: Adams, Cameron & Co., Realtors (Commercial)
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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