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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
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.
Lot Size Dimensions
.7271 Acres
List Price/SqFt
114.28
Sold Price/SqFt
51.73

Property Features

Business Type: Auto Service; Industrial; Professional/Office; 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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