2526 Hibiscus Drive, Edgewater, FL 32141
$995,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
48,787
Status:
Closed
Current Price:
$995,000
List Date:
1/12/2022
Last Modified:
9/28/2024
Description
15 STORAGE/WAREHOUSE UNITS WITH OFFICE SPACE AND AN APARTMENT PROVIDES YOU WITH OVER 8,000 SQUARE FEET OF DIVERSE LEASABLE SPACE WITH MORE SPACE TO ADD ADDITIONAL LEASABLE OPPORTUNITY. THE 15 WAREHOUSE/STORAGE UNITS RANGE FROM 768 SQFT. TO 364 SQFT. EACH AND THE OFFICE IS OVER 1,000 SQFT. PLUS AN ADDITIONAL INDEPENDENT APARTMENT ONSITE. OFFICE AND APARTMENT HAVE THEIR OWN RESTROOM FACILITIES AND ARE AIR CONDITIONING AND THE STORAGE/WAREHOUSES UNITS ARE SERVED WITH A COMMUNITY RESTROOM. LOW MAINTENANCE CONCRETE BLOCK CONSTRUCTION WITH A NEW ROOF IN 2017. ALL UNITS ARE LEASED AND HAS A 7%. CAP. WAREHOUSE OVERHEAD DOORS RANGE FROM 10'X10' TO 9'X7'. NINE OF THE BAYS ARE WITH OVERHEAD DOORS ON EACH END OF THE UNIT. ADDITIONAL PROPERTY ONSITE IS PREPPED FOR CONSIDERATION OF MORE WAREHOUSE UNITS,
Supplements: UNITS, OUTSIDE STORAGE AND/OR ADDITIONAL OFFICE SPACE. THE PROPERTY IS ZONED COMMERCIAL B-2. GREAT LOCATION ON PAVED STREET WITH EASY ACCESS TO US1 AND I-95 IN A WELL-MAINTAINED AREA. ALL INFORMATION IS ASSUMED ACCURATE BUT NOT GUARANTEED. ALL MEASUREMENTS ARE APPROXIMATE. BUYERS AND THEIR AGENTS SHALL VERIFY ALL INFORMATION DEEMED IMPORTANT TO THEM.
More Information MLS# 1092091
General Property Information
Lot Size Acres: 1.12
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: I-95 TO SR442- EAST ON SR442 TO HIBISCUS. SOUTH ON HIBISCUS TO ADDRESS.
Public Remarks: 15 STORAGE/WAREHOUSE UNITS WITH OFFICE SPACE AND AN APARTMENT PROVIDES YOU WITH OVER 8,000 SQUARE FEET OF DIVERSE LEASABLE SPACE WITH MORE SPACE TO ADD ADDITIONAL LEASABLE OPPORTUNITY. THE 15 WAREHOUSE/STORAGE UNITS RANGE FROM 768 SQFT. TO 364 SQFT. EACH AND THE OFFICE IS OVER 1,000 SQFT. PLUS AN ADDITIONAL INDEPENDENT APARTMENT ONSITE. OFFICE AND APARTMENT HAVE THEIR OWN RESTROOM FACILITIES AND ARE AIR CONDITIONING AND THE STORAGE/WAREHOUSES UNITS ARE SERVED WITH A COMMUNITY RESTROOM. LOW MAINTENANCE CONCRETE BLOCK CONSTRUCTION WITH A NEW ROOF IN 2017. ALL UNITS ARE LEASED AND HAS A 7%. CAP. WAREHOUSE OVERHEAD DOORS RANGE FROM 10'X10' TO 9'X7'. NINE OF THE BAYS ARE WITH OVERHEAD DOORS ON EACH END OF THE UNIT. ADDITIONAL PROPERTY ONSITE IS PREPPED FOR CONSIDERATION OF MORE WAREHOUSE UNITS,
Lot Size Dimensions: 240x200
Year Built: 1978
Location, Tax, and Legal
Country: US
Parcel Number: 8402-01-06-8190
Tax Annual Amount: 6270
Tax Year: 2021
Tax Legal Description: 2-18-34 LOTS 6819 THRU 6824 BLK 222 FLORIDA SHORES NO 7 REVISED PLAT MB 23 PG 131 PER OR 4631 PG 2731 PER OR 6895 PG 2970 PER OR 6928 PGS 1467-1469 INC
Zoning Description: Other
Currently Not Used
Year Built: 1978
Status Change Information
Contingent Date: 2022-08-09
Major Change Timestamp: 2022-09-21T03:20:20Z
Major Change Type: Status Change
Purchase Contract Date: 2022-08-09
Close Date: 2022-09-20
Close Price: 995000
Construction Materials
Block: 1
Concrete: 1
Cooling
Other: 1
Heating
Other: 1
Income and Expenses
Gross Income: 88662
Road Frontage Type
City Street: 1
Roof
Metal: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 11 - 14 Feet High
Maximum Ceiling Height: 12
Showroom: 1
Vac Off/Retail SqFt: 1052
Business Type
Commercial: 1
Professional/Office: 1
Warehouse: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: Asphalt; Zoning (Text): B-2 Commercial; Income/Operating Inc: Average Utilities: 7716; Meters: # Electric Meters: 2, # Water Meters: 2; SqFt: Office Rate/SqFt: 10.83, Warehouse Rate SqFt: 11.54; Utilities at Site: Single Phase; Confidential Listing: N; Road Frontage: 240.00; Depth: 200.00; Franchise Opt In: No; Current # Tenant: 18.0000
Contract Information
Current Price: $995,000
Sold Price: $995,000
Status: Closed
Listing Contract Date: 2022-01-12
Property Sub Type: Business
Location Tax and Legal
Street Number: 2526
Street Name: Hibiscus
Street Suffix: Drive
County: Volusia
State: FL
Postal Code: 32141
MLS Area Major: 80 - Edgewater
Property Features
Building Features: Showroom
Business Type: Commercial; Professional/Office; Warehouse
Construction Materials: Block; Concrete
Cooling: Other
Heating: Other
Road Frontage Type: City Street
Roof: Metal
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters; Separate Water Meters
Water Source: Public
Listing Office:
The Barnett Group Inc.
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.