99 W Granada Boulevard, Ormond Beach, FL 32174
$2,750,000
Property Type:
Commercial Sale
Square Footage:
10,926
Status:
Closed
Current Price:
$2,750,000
List Date:
4/09/2021
Last Modified:
9/28/2024
Description
BUSINESS SALE WITH LEASE & OPTION TO PURCHASE PROPERTY. Extraordinary location in one of Florida's most desirable and fastest growing communities. Highly profitable business, inventory, equipment and all accounts are being sold together in one turn-key package In Ormond Beach close to Intercostal and Atlantic Ocean. Business and the facilities have been established for over 50 years and is the area's most prestigious business of its type with a customer base that covers two of the fastest growing counties in the U.S. - Flagler & Volusia. Grossing millions, this opportunity is ready for the next level in experienced hands with statewide or national ambitions. The business consists (more)...
Supplements: a lease of 2640 retail showroom, conference room, business offices, 7,280sf warehouse, option for attached 1,426sf retail shop and second story apartment that can be leased together or separately. Parking includes customer parking for 20 and warehouse loading/unloading area. The property fronts the corner of Granada and N Ridgewood with a vehicle count of almost 40,000 per day. The customer based is mid to top income earners and commercial. Centrally located, both the business retail & warehouse operations provide for exceptional market penetration and long term continued growth. This multi-generational business is being sold to allow growth beyond what the present owners want feel they want to achieve. The goal is obtain a buyer that will continue the growth while exploiting the extraordinary existing market penetration and physical location for exception future growth. Overview available upon request. Financials require signed NDA. Property purchase optional at $1.5M
More Information MLS# 1027466
General Property Information
Number Of Units Total: 2
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: I-95, east on Granada(Fl-40), to NE corner intersection of N Ridgewood and W Granada
Public Remarks: BUSINESS SALE WITH LEASE & OPTION TO PURCHASE PROPERTY. Extraordinary location in one of Florida's most desirable and fastest growing communities. Highly profitable business, inventory, equipment and all accounts are being sold together in one turn-key package In Ormond Beach close to Intercostal and Atlantic Ocean. Business and the facilities have been established for over 50 years and is the area's most prestigious business of its type with a customer base that covers two of the fastest growing counties in the U.S. - Flagler & Volusia. Grossing millions, this opportunity is ready for the next level in experienced hands with statewide or national ambitions. The business consists (more)...
Building Area Total: 10926
Lot Size Dimensions: 100x165
List Price/SqFt: 114.41
Sold Price/SqFt: 251.69
Year Built: 1973
Location, Tax, and Legal
Country: US
Parcel Number: 4215-16-00-0012
Tax Annual Amount: 6205
Tax Year: 2016
Tax Legal Description: W 1/2 OF LOTS 1 THRU 3 INC PENFIELD BLOCK ORMOND MB 1 PG 78 OR MB 12 PG 69 PER OR 7216 PG 0647
Zoning Description: Retail
Currently Not Used
Year Built: 1973
Status Change Information
Contingent Date: 2021-04-08
Major Change Timestamp: 2021-07-09T16:12:35Z
Major Change Type: Status Change
Price Change Timestamp: 2021-02-04T21:17:51Z
Purchase Contract Date: 2021-04-08
Close Date: 2021-07-08
Close Price: 2750000
Construction Materials
Block: 1
Concrete: 1
Frame: 1
Cooling
Central Air: 1
Multi Units: 1
Current Use
Retail: 1
Electric
200+ Amp Service: 1
220 Volts: 1
Heating
Central: 1
Varies by Unit: 1
Owner Pays
Exterior Maintenance: 1
HVAC Maintenance: 1
Insurance: 1
Repairs: 1
Taxes: 1
Road Frontage Type
City Street: 1
County Road: 1
Easement: 1
Highway: 1
State Road: 1
Other: 1
Roof
Metal: 1
Other: 1
Utilities
Separate Electric Meters: 1
Separate Water Meters: 1
Sewer Available: 1
Water Source
Public: 1
Building Features
Kitchen Facilities: 1
Maximum Ceiling Height: 20
Private Restroom: 1
Showroom: 1
Vac Off/Retail SqFt: 4200
Business Type
Commercial: 1
Manufacturing: 1
Mixed: 1
Professional Service: 1
Professional/Office: 1
Retail: 1
Warehouse: 1
Wholesale: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: Paved; Ceiling Height: 15 - 20 Feet High,Varied Height; Zoning (Text): Mixed,Store & SFR; Bldg Type/Location: Attached, Free Standing; Construction: Metal; # Parking: 20; Interior Improvement: Display Window, Ground Level Door, Truck Drive in Door; Included in Sale: Business Name, Corporation, Good Will, Lease with Option, License, Signs - Owned; Lease Provisions: Optional Purchase, Year - Year; Meters: # Electric Meters: 3, # Water Meters: 2; Parking: Lighted, Paved; SqFt - Total: 11516.00; Site Improvements: Curb/Sidewalks, Gutters; Utilities at Site: Easement; Confidential Listing: Yes; Highway Access: FL-40; % Occupancy: 100.00; Base Lease: 11500.00; Road Frontage: 100.00; Depth: 165.00; Financial Package: No; Franchise Opt In: No; Current # Tenant: 1.0000
Contract Information
Current Price: $2,750,000
Sold Price: $2,750,000
Status: Closed
Listing Contract Date: 2017-03-27
Property Sub Type: Business
Location Tax and Legal
Street Number: 99
Street Direction Prefix: W
Street Name: Granada
Street Suffix: Boulevard
County: Volusia
State: FL
Postal Code: 32174
MLS Area Major: 17 - Ormond Beach Peninsula N of 40
Property Features
Building Features: Kitchen Facilities; Private Restroom; Showroom
Business Type: Commercial; Manufacturing; Mixed; Professional Service; Professional/Office; Retail; Warehouse; Wholesale
Construction Materials: Block; Concrete; Frame
Cooling: Central Air; Multi Units
Current Use: Retail
Electric: 200+ Amp Service; 220 Volts
Heating: Central; Varies by Unit
Owner Pays: Exterior Maintenance; HVAC Maintenance; Insurance; Repairs; Taxes
Road Frontage Type: City Street; County Road; Easement; Highway; State Road; Other
Roof: Metal; Other
Sale Includes: Building & Land
Utilities: Separate Electric Meters; Separate Water Meters; Sewer Available
Water Source: Public
Listing Office:
Watson Realty Corp.
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.