Property Listing No Longer Available for Sale

1294 Ocean Shore Blvd, Ormond Beach, FL

Shopping Center for Sale - $489,000 - 9,406 Sq. Ft.


Property Info

CIMLS#911952
Location
  1294 Ocean Shore Blvd
  Ormond Beach FL 32176
UpdatedJune 20th, 2017
TypeShopping Center
Price$489,000
Building9,406 Sq. Ft.

Property Description

A Great Investment on this beachside, mixed-use property. There are three retail units, three residential units and 2-3 storage units. The upstairs residential units have been gutted and are ready for a total renovation. All other units are leased on a month to month basis. Tenants wish to stay and will sign new leases. The upstairs residential units are 1500 sf and 1000 sf, 2BR/1BA units and can add an additional $2,500/month to the income. The main floor has approximately 4,500 SF of retail space and a 530 SF apartment. The center is located just to the North of the Publix/Bealls shopping center.

Location Description:

Approximately 4 miles North of Granada just North of the Publix Shopping Center

Highlights:

>> Ormond Beachside Income Property Value Add Opportunity Rare Opportunity Mixed Use- Retail/Residential/Storage Across the Street from the Beach Adjacent to Publix/Bealls Shopping Center

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Financials

Sales Info:

>> Commision split: 3.0%