195 W Granada Boulevard, Ormond Beach, FL 32174
$1,550,000
Property Type:
Commercial Sale
Square Footage:
4,000
Status:
Closed
Current Price:
$1,550,000
List Date:
2/11/2019
Last Modified:
9/28/2024
Description
West Granada Boulevard restaurant for sale east of US Hwy 1. Currently over 4,000 SF of building with a 600 SF of outside dining area. 2,000 sf building expansion available. Highly visible with easy access from both directions on W. Granada Blvd. as well as access to the rear of the property from New Britain Ave. Restaurant is Ideally positioned to the front of the property with parking in the rear. AADT counts exceed over 38,000 cars per day in front of site with additional exposure on heavily travelled US 1. The owner will sell restaurant as a turn key opportunity or will consider a sale leaseback and continue restaurant operations. This includes 2 parcels.
More Information MLS# 1053772
General Property Information
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Public Remarks: West Granada Boulevard restaurant for sale east of US Hwy 1. Currently over 4,000 SF of building with a 600 SF of outside dining area. 2,000 sf building expansion available. Highly visible with easy access from both directions on W. Granada Blvd. as well as access to the rear of the property from New Britain Ave. Restaurant is Ideally positioned to the front of the property with parking in the rear. AADT counts exceed over 38,000 cars per day in front of site with additional exposure on heavily travelled US 1. The owner will sell restaurant as a turn key opportunity or will consider a sale leaseback and continue restaurant operations. This includes 2 parcels.
Building Area Total: 4000
Lot Size Dimensions: 42000
List Price/SqFt: 412.5
Sold Price/SqFt: 387.5
Year Built: 1972
Location, Tax, and Legal
Country: US
Parcel Number: 4215-07-07-0050
Tax Annual Amount: 3989
Tax Year: 2017
Tax Legal Description: S 90 FT OF LOTS 5 6 & W 33 FT OF S 90 FT OF LOT 7 EXC ST BLK 7 GARDNER RESUB GRANADA ORMOND PER OR 4159 PG 3384 PER OR 6101 PGS 0630-0635 INC -AND- N 215 FT of Lots 5, 6 & 7 INC & E 17 FT of S 90 FT of Lot 7 Exc St & Exc Row PER OR 6708 PG 4082 Being N 10 Ft Of Lots 5 to 7 Inc BLK 7 Gardner Resub Granada Ormond MB 18 PG 14 PER OR 4174 PG 3376 & OR 5421 PG 2843 PER OR 6101 PGS 0630-0635 INC
Zoning Description: Retail
Currently Not Used
Year Built: 1972
Status Change Information
Contingent Date: 2019-05-10
Major Change Timestamp: 2019-07-02T19:35:50Z
Major Change Type: Status Change
Price Change Timestamp: 2019-02-11T20:30:13Z
Purchase Contract Date: 2019-05-10
Close Date: 2019-07-01
Close Price: 1550000
Construction Materials
Block: 1
Concrete: 1
Current Use
Retail: 1
Building Features
Vac Off/Retail SqFt: 4000
Business Type
Restaurant: 1
Retail: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): B-4 Central Business; Bldg Type/Location: Free Standing; # Parking: 45; Parking: Lighted, Paved; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 150.00; Depth: 280.00; Franchise Opt In: No
Contract Information
Current Price: $1,550,000
Sold Price: $1,550,000
Status: Closed
Listing Contract Date: 2019-02-08
Property Sub Type: Business
Location Tax and Legal
Street Number: 195
Street Direction Prefix: W
Street Name: Granada
Street Suffix: Boulevard
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 44 - Ormond N of 40, S Tomoka River, E of US1
Property Features
Business Type: Restaurant; Retail
Construction Materials: Block; Concrete
Current Use: Retail
Sale Includes: Building & Land
Listing Office:
Coldwell Banker Commercial Benchmark
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.