$639,000
Active · 288 days on market · MLS# MFRNS1082868
| Living area | 4,000 sq ft |
|---|---|
| Lot size | 0.64 acres |
| Year built | 1979 |
| Property type | Industrial |
| Waterfront | Yes |
| Annual taxes | $4,686 |
| County | Volusia |
Exceptional Investment Opportunity in Prime Industrial Zone Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity! INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.81%
Listing courtesy of Ignacio Barsottelli, COLLADO REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.