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865 Orange Avenue, Daytona Beach, FL 32114

$634,700
Commercial Property MLS# 1030692 ID: 45977119
$634,700 Get Rates

Comm-Land & Bldg Incl - Daytona Beach, FL
Fully Leased Mixed use property in the heart of Daytona Beach with a true 9% Cap Rate. Consisting of 11 units in 4 buildings, the property is 100% occupied with leases in place. Many of the tenants are on annual leases but all have expressed interest in signing longer term deals. This property had two new roofs and brand new sky lights after the hurricane last year. There is also a brand new 5 ton HVAC system. The building uses are Industrial, Retail and Office with one residential home in the middle of the property. The tenant in the house also serves as property manager. The leasable value of the house is $1,000 per month but the tenant only pays $500 in consideration for the property management. They collect rent and maintain the grounds.

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Location Information near 865 Orange Avenue
Offered by Carl Lentz at SVN Alliance Commercial RE Advisors

Would you like more information regarding this property?
Please call (386) 310-7900.

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Property Features for 865 Orange Avenue
Status
Market Status
Available
Last Updated
August 17, 2017
Description
Property Type
Commercial Property
Year Built
1950

Listing Features

  • Property Type: Commercial; Comm-Land & Bldg Incl

Data Provided by Daytona Beach Area Association of Realtors

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More information about this $634,700 Commercial Property at 865 Orange Avenue

This $634,700 Commercial Property at 865 Orange Avenue in Daytona Beach, FL is presented by Carl Lentz. This $634,700 Commercial Property, located in the 32114 zip code, has the following property features: Property Type. This 865 Orange Avenue Commercial Property, located in Volusia County , is listed under MLS listing number 1030692 and has a listing price of $634,700. You can find more DAYTONA BEACH homes for sale here.