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Introducing a prime retail investment opportunity located at 401 U.S. 1, Ormond Beach, FL. This well-maintained 7,085 SF building, featuring 4 units, is ideally positioned for discerning retail investors. Built in 1978 and tastefully renovated in 2005, the property is 100% occupied, ensuring immediate rental income. The property has a 2024 roof, rebuilt and replaced backflows, new paint and sits on a large lot with expansion possibilities. Zoned B-8 and located in vibrant Ormond Beach, this property offers a lucrative proposition for those seeking a solid retail/street retail investment. With its strong occupancy and strategic location, this property represents a compelling asset in the thriving commercial real estate market. Contact Listing agents for financial information.
Features
Age: 41-50 Years Old
Building Units: 4
Cooling System: Central Air
Exterior Type: Block
Floors: 1
Legal Description: LOT 11 EXC E 10 FT & LOTS 12 TO 24 INC & W 15 FT ON N/L OF LOT 25 & PART OF LOT 26 BLK 11 & INC S 1/2 VAC GREENWOOD AVE ADJ PER RB 141 PG 164 EXC PT IN HWY ORMOND TERR ANNEX PER OR 4990 PG 2601-2608 INC