Listed by Oceans Luxury Realty Full Service LLC
$585,000
325 S Yonge Street
Details
APN 4242-10-05-0280
Property Type Business for Sale, Office
Sub Type Business Only, Traditional Office
Square Footage 2,704
Units 2
Year Built 1958
Acreage 0.450
Business for Sale | 2,704 SqFt
Marketing description
Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point.
The Numbers Work From Day One.
Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location.
Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day.
Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses that thrive on street-level visibility.
The Asset
This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases.
Why Ormond Beach?
Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
Listing Contacts
Listed by Oceans Luxury Realty Full Service LLC
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