454 S Yonge Street, Ormond Beach, FL 32174
$1,750,000
Property Type:
Commercial Sale
Square Footage:
16,834
Lot Size (sq. ft.):
68,825
Status:
Closed
Current Price:
$1,750,000
List Date:
3/07/2024
Last Modified:
6/06/2025
Description
Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
75% interior renovation in early 2022 has produced 6 new tenants.
3 spaces remain ready for occupancy (potential rental income of $51,900/year).
At $137/square foot, this property is available for much less than construction cost.
Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
Of the 4 remaining spaces, 3 are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.
More Information MLS# 1120598
General Property Information
Lot Size Acres: 1.58
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located on S. Yonge Street/US-1 in Ormond Beach between Hand Avenue and Fleming st
Public Remarks: Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
75% interior renovation in early 2022 has produced 6 new tenants.
3 spaces remain ready for occupancy (potential rental income of $51,900/year).
At $137/square foot, this property is available for much less than construction cost.
Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
Of the 4 remaining spaces, 3 are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.
Building Area Total: 16834
List Price/SqFt: 109.9
Sold Price/SqFt: 103.96
Year Built: 1985
Location, Tax, and Legal
Country: US
Parcel Number: 4242-10-03-0200
Tax Annual Amount: 16516
Tax Year: 2023
Tax Legal Description: 42-14-32 LOTS 20 21 22 41 42 & 43 EXC PART IN ROADS & LOTS 23 THRU 27 & LOTS 36 THRU 40 & LOT 44 BLK 3 RIO VISTA GARDENS MB 9 PG 37 PER OR 2847 PG 1363 PER OR 6538 PG 796 PER OR 6632 PG 3692 PER OR 7159 PG 4542 PER OR 8209 PG 0725 PER OR 8212 PG 3478
Currently Not Used
Year Built: 1985
Business Type
Medical: 1
Professional/Office: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): B4; SqFt - Total: 16834.00; Confidential Listing: N; Commercial Property Name: Office Building; Franchise Opt In: No
Contract Information
Current Price: $1,750,000
Sold Price: $1,750,000
Status: Closed
Listing Contract Date: 2024-03-07
Property Sub Type: Business
Location Tax and Legal
Street Number: 454
Street Direction Prefix: S
Street Name: Yonge
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 41 - LPGA to Granada, E of Nova
Status Change Information
Major Change Timestamp: 2025-06-06T20:28:26Z
Major Change Type: Status Change
Purchase Contract Date: 2024-12-31
Close Date: 2025-06-06
Close Price: 1750000
Property Features
Business Type: Medical; Professional/Office
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: June - 06 - 2025
Information deemed reliable but not guaranteed.