222 S Beach Street, Daytona Beach, FL 32114
$1,200,000
Property Type:
Commercial Sale
Square Footage:
12,153
Status:
Closed
Current Price:
$1,200,000
List Date:
7/04/2014
Last Modified:
9/28/2024
Description
100% LEASED - Nestled In the Heart of Downtown Redevelopment, The Historic Princess Building was carefully renovated to restore its grace and charm in 2000. Updated with new interior carpet and paint. Recently Painted Front Facade. Angle parking in front, large public parking lot in rear. Near main beach access roads across from City Island, Jackie Robinson Stadium and the Library. Active Redevelopment Area and Downtown Partnership. Weekly Farmers Market every Saturday across the street. Numerous downtown events.
More Information MLS# 560774
General Property Information
Number Of Units Total: 8
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: US1 to East on Magnolia Ave. Right onto Beach St. Building on Right.
Public Remarks: 100% LEASED - Nestled In the Heart of Downtown Redevelopment, The Historic Princess Building was carefully renovated to restore its grace and charm in 2000. Updated with new interior carpet and paint. Recently Painted Front Facade. Angle parking in front, large public parking lot in rear. Near main beach access roads across from City Island, Jackie Robinson Stadium and the Library. Active Redevelopment Area and Downtown Partnership. Weekly Farmers Market every Saturday across the street. Numerous downtown events.
Building Area Total: 12153
Lot Size Dimensions: 11100
List Price/SqFt: 98.74
Sold Price/SqFt: 98.74
Year Built: 1901
Location, Tax, and Legal
Country: US
Parcel Number: 533901050041
Tax Annual Amount: 9722
Tax Year: 2013
Tax Legal Description: S 60 FT OF N 64 FT OF E 125 FT OF LOT 4 BLK 5 DAYTONA PER OR4619 PG 90 PER OR 6283 PG 3253
Currently Not Used
Year Built: 1901
Accessibility Features YN: Yes
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Current Use
Retail: 1
Electric
200+ Amp Service: 1
Income and Expenses
Gross Income: 141456
Net Operating Income: 107196
Road Frontage Type
County Road: 1
Highway: 1
State Road: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Water Source
Public: 1
Building Features
Elevator: 1
Private Restroom: 1
Business Type
Commercial: 1
Retail: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): RDD1; # Parking: 200; Income/Operating Inc: Blend Rate: 107196, NOI: 107196; Meters: # Electric Meters: 10, # Water Meters: 1; SqFt - Total: 12153.00; Confidential Listing: N; % Occupancy: 90.00; Commercial Property Name: Princess Building; Financial Package: Yes; Franchise Opt In: No
Contract Information
Current Price: $1,200,000
Sold Price: $1,200,000
Status: Closed
Listing Contract Date: 2014-07-03
Property Sub Type: Business
Location Tax and Legal
Street Number: 222
Street Direction Prefix: S
Street Name: Beach
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32114
MLS Area Major: 32 - Daytona Beville to ISB, E of 95
Status Change Information
Major Change Timestamp: 2016-06-01T18:20:14Z
Major Change Type: Status Change
Price Change Timestamp: 2015-08-17T20:29:01Z
Purchase Contract Date: 2016-03-31
Close Date: 2016-05-31
Close Price: 1200000
Property Features
Building Features: Elevator; Private Restroom
Business Type: Commercial; Retail
Construction Materials: Block; Brick; Concrete
Current Use: Retail
Electric: 200+ Amp Service
Road Frontage Type: County Road; Highway; State Road
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters; Separate Water Meters
Water Source: Public
Listing Office:
Prudential Commercial Real Estate FL
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.