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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

Overview

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.

Listing Details MLS# 1120598

General Property Information

Building Area Total
16834
Year Built
1985
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.
List Price/SqFt
109.9
Sold Price/SqFt
103.96

Property Features

Business Type: Medical; Professional/Office Sale Includes: Building & Land

Contract Information

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

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

More Information

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
Yes
Professional/Office
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: June - 06 - 2025
Information deemed reliable but not guaranteed.

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