EXP Realty LLC
Listed by Coldwell Banker Commercial Benchmark Ormond Beach, EXP Realty LLC
$899,000
401 Mason Avenue
Details
Property Type Business for Sale, Retail
Sub Type Business Only, Auto Shop
Square Footage 6,700
Cap Rate 6.30%
Tenancy Multi
Year Built 1972
Lot Size (SqFt) 25,264.8
Lease Commencement 05/19/2025
Business for Sale | 6.30% CAP | 6,700 SqFt
Marketing description
Just over half acre, corner lot with approximately 6,700 square feet of interior space and at the front of the building is an office space. There are 8 automotive bays with roll up doors. Currently zoned M-1 Local Industry. In the redevelopment zone! Currently leased $5,000 per month, Triple net. Being sold ''As IS''
Owner financing possible: $300k down rate at 7-9% depending on market rate, 7-10 year balloon, amortized over 20 years.
Listing Contacts
EXP Realty LLC
Listed by Coldwell Banker Commercial Benchmark Ormond Beach, EXP Realty LLC
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