195 W Granada Boulevard, Ormond Beach, FL 32174 (MLS# 1053772)

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

Overview

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.

Listing Details MLS# 1053772

General Property Information

Building Area Total: 4000
Year Built: 1972
Lot Size Dimensions: 42000
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.
List Price/SqFt: 412.5
Sold Price/SqFt: 387.5

Property Features

Business Type: Restaurant; Retail Construction Materials: Block; Concrete Current Use: Retail Sale Includes: Building & Land

Contract Information

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

Status Change Information

Major Change Timestamp: 2019-07-02T19:35:50Z
Major Change Type: Status Change
Price Change Timestamp: 2019-02-11T20:30:13Z
Contingent Date: 2019-05-10
Purchase Contract Date: 2019-05-10
Close Date: 2019-07-01
Close Price: 1550000

Building Features

Vac Off/Retail SqFt: 4000

More Information

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

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

Construction Materials

Block: Yes
Concrete: Yes

Current Use

Retail: Yes

Business Type

Restaurant: Yes
Retail: Yes

Sale Includes

Building & Land: Yes

Listing Office: Coldwell Banker Commercial Benchmark

Last Updated: September - 28 - 2024

Information deemed reliable but not guaranteed.

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