For Sale $1,850,000
Property Type Office - General Office
Property Size 16,834 SF
Units 1
Lot Size 1.58 Acre
Property Tenancy Multi-Tenant
Building Class B
Year Built 1985
Year Renovated 2022
Date Updated Mar 27, 2024

Located on S. Yonge Street/US-1 in Ormond Beach between Hand Avenue and Fleming and just 1 mile south of W. Granada Blvd.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.

Want more info on this listing?

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

Attachments

SURVEY 454 S Yonge St OB Feb 2022.pdf (PDF) opens in new window

Contacts

Michael Baxter

SVN | Alliance Commercial Real Estate Advisors

(386) 999-1762

Location

Getting Around

Walk Score ®
56/100 Somewhat Walkable
Bike Score ®
50/100 Bikeable

Map
Street

City Ormond Beach, FL
Neighborhood Ormond Beach
Zip Code 32174
Market North Central Florida

Points of Interest

Mobil

0.89 miles
ChargePoint

0.94 miles
Sunoco

0.94 miles
Shell

0.94 miles
7-Eleven

1.38 miles
Speedway

1.38 miles
Sunoco

1.46 miles
Marathon

1.46 miles
Speedway

2.49 miles
Sunoco

3.39 miles

Ormond Beach Recreation Center Parking

0.31 miles
Central Park Fleming Ave Access

0.71 miles
Central Park Kayak Ramp Parking

0.85 miles
Central Park Hand Ave Parking

0.88 miles
Ormond Beach Environmental Discovery Center

0.92 miles
Ormond Beach Elementary School Parking

0.94 miles
Central Park Hammock Lane Parking

0.97 miles
Daytona International Speedway Lot 7

3.83 miles
Public Parking

3.91 miles
Ocean Center West Lot

3.97 miles

A1A Super Inn

1.46 miles
The Maverick Resort

1.50 miles
Symphony Beach Club

1.50 miles
Lotus Boutique Inn And Suites

1.50 miles
Chateau Mar Beach Resort

1.51 miles
OceanFront Inn and Suites

1.52 miles
Driftwood Beach Motel

1.54 miles
Quality Inn & Suites On The Beach

1.55 miles
Days Inn Ormond Beach

1.56 miles
Home2 Suites by Hilton Ormond Beach Oceanfront

1.57 miles

Sonic

0.72 miles
KFC

0.89 miles
Jimmy John's

0.90 miles
Frappes Italian Grille (FIG)

0.95 miles
Wendy's

0.96 miles
Hull's Seafood Kitchen

0.96 miles
Arby's

0.98 miles
Moe's Southwest Grill

1.00 miles
Virgola

1.00 miles
Grind

1.00 miles

Ormond Beach Elementary School

0.88 miles
Daytona College

1.44 miles
Osceola Elementary School

1.48 miles
Holly Hill School

1.54 miles
Seabreeze High School

1.62 miles
Tomoka Elementary School

2.12 miles
Ortona Elementary School

2.53 miles
Ormond Beach Middle School

2.77 miles
David C Hinson Middle School

3.15 miles
Riverview Learning Center

3.27 miles

KIDSKO Central Campus

0.86 miles
Ormond Beach KinderCare

2.62 miles
Sandcastle Learning Center

4.95 miles
Kid City USA

8.46 miles

Frequently Asked Questions

What is the lease rate for Renovated, Stabilized Office Building For Sale?

Rental asking rate at Renovated, Stabilized Office Building For Sale is $925,000.00/YR.

What is the total square footage of Renovated, Stabilized Office Building For Sale?

Renovated, Stabilized Office Building For Sale totals 16,834 square feet.

When was this property built?

Renovated, Stabilized Office Building For Sale was built in 1985.

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.