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955 Orange Avenue, Daytona Beach, FL 32114

$1,300,000
Property Type: Commercial Sale Square Footage: 24,000 Status: Closed
Current Price: $1,300,000 List Date: 8/16/2013 Last Modified: 9/28/2024

Description

24,000 square foot multi-tenant commercial building, 100 % leased, 10% +- return, stable tenant base. Net rentable area approximately 23,660 square feet. 10 unit building, 8 tenants from 1,000 SF to 10,000 SF The site contains 1.896 acres with 330 feet of frontage on Orange Avenue. Tenants have been stable for past 5 years.

More Information MLS# 547857

General Property Information

Number Of Units Total: 10 Association YN: No Water Body Access YN: No Waterfront YN: No Directions: Two blocks east of Nova, south side of Orange av Public Remarks: 24,000 square foot multi-tenant commercial building, 100 % leased, 10% +- return, stable tenant base. Net rentable area approximately 23,660 square feet. 10 unit building, 8 tenants from 1,000 SF to 10,000 SF The site contains 1.896 acres with 330 feet of frontage on Orange Avenue. Tenants have been stable for past 5 years. Building Area Total: 24000 Lot Size Dimensions: 82710 List Price/SqFt: 58.13 Sold Price/SqFt: 54.17 Year Built: 1980

Location, Tax, and Legal

Country: US Parcel Number: 523904170010 Tax Annual Amount: 15169 Tax Year: 2012 Tax Legal Description: LOTS 1 TO 7 INC & LOTS 10 & 11 EXC S/LY 11 FT OF LOT 7 BLK 17 DAYTONA GARDENS MB 6 PG 44 PER OR 2704 PGS 1290-1291 PER OR 3404 PG 1668 PER OR 5808 PG 1066

Currently Not Used

Year Built: 1980 Accessibility Features YN: Yes

Status Change Information

Contingent Date: 2013-10-07 Major Change Timestamp: 2014-02-13T01:41:04Z Major Change Type: Status Change Close Date: 2014-02-12 Close Price: 1300000

Construction Materials

Aluminum Siding: 1 Block: 1 Concrete: 1

Cooling

Central Air: 1 Zoned: 1

Current Use

Retail: 1 Shopping Center: 1

Heating

Central: 1 Zoned: 1

Income and Expenses

Gross Income: 189000 Net Operating Income: 146000

Road Frontage Type

City Street: 1 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

Private Restroom: 1 Public Restroom: 1

Business Type

Commercial: 1 Convenience Store: 1 Food & Beverage: 1 Professional Service: 1 Professional/Office: 1 Retail: 1

Location

Shopping Center: 1

Sale Includes

Building & Land: 1

Historical Information

Public Historical Remarks 1: Zoning (Text): BR2; Construction: Metal; # Parking: 80; Interior Improvement: Display Window, Ground Level Door; Income/Operating Inc: Blend Rate: 146000, NOI: 146000; Meters: # Electric Meters: 11, # Water Meters: 1; Parking: Lighted, Paved; Site Improvements: Curb/Sidewalks, Gutters; Confidential Listing: N; % Occupancy: 100.00; Road Frontage: 330.00; Depth: 220.00; Commercial Property Name: 955 Orange Avenue; Financial Package: No; Franchise Opt In: No

Contract Information

Current Price: $1,300,000 Sold Price: $1,300,000 Status: Closed Listing Contract Date: 2013-08-15 Property Sub Type: Business

Location Tax and Legal

Street Number: 955 Street Name: Orange Street Suffix: Avenue County: Volusia State: FL Postal Code: 32114 MLS Area Major: 32 - Daytona Beville to ISB, E of 95

Property Features

Building Features: Private Restroom; Public Restroom Business Type: Commercial; Convenience Store; Food & Beverage; Professional Service; Professional/Office; Retail Construction Materials: Aluminum Siding; Block; Concrete Cooling: Central Air; Zoned Current Use: Retail; Shopping Center Heating: Central; Zoned Location: Shopping Center Road Frontage Type: City Street; County Road; Highway; State Road Sale Includes: Building & Land Sewer: Public Sewer Utilities: Separate Electric Meters; Separate Water Meters Water Source: Public
Listing Office: Adams, Cameron & Co., Realtors (Commercial)
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.

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