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902 S LEAVITT AVE Orange City, FL 32763
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Key Details
Sold Price $760,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,064 sqft
Price per Sqft $94
MLS Listing ID V4937118
Year Built 1986
Annual Tax Amount $5,887
Lot Size 0.680 Acres
New Construction false
Property Description
Great Opportunity to buy a multi-tenant industrial building in Orange City for just over $100/Square Foot. Small industrial units are in high demand. Purchase and re-lease to market rates or convert to industrial condos. Masonry building. 8 bays, each with a restroom. Some bays combined. Area on north side of building can be used for storage with fence/screening. Fully occupied at well below market rates by 5 long term tenants. All leases expire at the end of 2024 allowing all to be brought up to current market rates. Out of state owner with limited knowledge of the property. Property could use some cleanup but in overall fair to average condition. Interior of all units may not be accessible during showings. Information herein is based on brokers limited inspection of the property and conversations with an onsite manager/tenant and current property owner.
Location
State FL
County Volusia
Zoning I-1, INDUS
Interior
Cooling None
Exterior
Roof Type Shingle
Building
Story 1
Foundation Slab
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Others
Special Listing Condition None
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Bought with HEFFINGTON AND ASSOCIATES