For Sale $1,400,000
Property Type Office - General Office
Property Size 14,492 SF
Units 25
Lot Size 1.07 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1987
Year Renovated 1993
Date Updated Mar 31, 2024

Located on Ridgewood Avenue (US-1) in Holly Hill, FL between between 15th Street and Flomich Street just south of Ormond Beach.Only $97 per square foot! Concrete block construction with enormous upside located minutes from Daytona International Speedway and the "World's Most Famous Beach." Add value by raising rents and renovating. Small office/retail spaces are in high demand in this market. Excellent fit for an investor, or a user looking to occupy office space and collect income. First floor compromised of eight separate units and second floor small offices with common restrooms, and shared conference room. Large parking lot in the rear of the property.Unit 107 (Former Dance Studio) $1395/month plus utilities and sales tax. Space is 1,080 square feet. Space has an open floor plan with hardwood floors a small reception/waiting area, and a private office. Unit 212&213 (Second Floor Office Space for Lease) $895/month includes all utilities except phone/internet. Space is 500 square feet. Space has 4 private offices and a larger room. Access to shared restrooms, conference room, and elevator.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Highlights

Property includes solar panels to reduce operation costs. Excellent signage/visibility from high-traffic US-1 (24,000 ADT).
Building has an elevator for ADA compliancy and many long standing tenants. Roof installed 2005.
Building has a large, electronic sign ideal for advertisement.

Contacts

Michael Baxter

SVN | Alliance Commercial Real Estate Advisors

(386) 999-1762

Location

Getting Around

Walk Score ®
55/100 Somewhat Walkable
Bike Score ®
65/100 Bikeable

Map
Street

City Holly Hill, FL
Neighborhood Holly Hill
Zip Code 32117
Market North Central Florida

Points of Interest

Marathon

1.89 miles
Sunoco

1.98 miles
Sunoco

1.98 miles
Sunoco

2.00 miles
Speedway

2.04 miles
7-Eleven

2.09 miles
Sunoco

2.11 miles
Sunoco

2.20 miles
Sunoco

2.28 miles
Mobil

2.31 miles

Central Park Fleming Ave Access

1.45 miles
Ormond Beach Recreation Center Parking

1.71 miles
Central Park Hand Ave Parking

1.76 miles
Central Park Kayak Ramp Parking

1.91 miles
Ormond Beach Environmental Discovery Center

1.97 miles
Central Park Hammock Lane Parking

2.15 miles
Ormond Beach Elementary School Parking

2.32 miles
Public Parking

2.58 miles
Ocean Center West Lot

2.61 miles
Ocean Center South Lot

2.71 miles

La Playa Resort

1.38 miles
Grand Seas Resort

1.38 miles
Hilton Garden Inn Daytona Beach Oceanfront

1.40 miles
Daytona Beach Resort and Conference Center

1.41 miles
La Bella Oceanfront Inn

1.61 miles
Tropical Winds Oceanfront Hotel

1.64 miles
Cove Motel

1.65 miles
The Suites at Americano Beach

1.68 miles
Sahara Motel

1.69 miles
Home2 Suites by Hilton Ormond Beach Oceanfront

1.69 miles

Sonic

0.69 miles
924 Rollins Avenue

1.20 miles
China-1

1.27 miles
Nicola's Pizza

1.29 miles
Subway

1.32 miles
Umi Hibachi Express

1.32 miles
Duff's Original Buffet

1.32 miles
Shane's Rib Shack

1.32 miles
Denny's

1.36 miles
McDonald's

1.42 miles

Holly Hill School

0.72 miles
Ortona Elementary School

1.30 miles
Seabreeze High School

1.35 miles
Riverview Learning Center

1.98 miles
Ormond Beach Elementary School

2.25 miles
Osceola Elementary School

2.38 miles
Daytona College

2.44 miles
Westside Elementary School

2.57 miles
Bonner Elementary School

2.73 miles
Bethune-Cookman University

2.94 miles

KIDSKO Central Campus

2.25 miles
Ormond Beach KinderCare

3.47 miles
Sandcastle Learning Center

4.22 miles
Kid City USA

7.04 miles

Frequently Asked Questions

What is the lease rate for 1501 BUILDING?

Rental asking rate at 1501 BUILDING is $700,000.00/YR.

What is the total square footage of 1501 BUILDING?

1501 BUILDING totals 14,492 square feet.

When was this property built?

1501 BUILDING was built in 1987.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.