454 Yonge St, Ormond Beach, FL 32174

16,834 SF | 71% Leased | Office Building | Ormond Beach, FL 32174 | $1,850,000 ($110/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $1,850,000

Property Type
Office
Square Feet
16,834 SF
Price / Square Foot
$110

Listing Contacts

Michael Baxter
Michael Baxter
Verified Profile
  • Property Info

Property Overview

Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
75% interior renovation in early 2022 has produced 6 new tenants.
3 spaces remain ready for occupancy (potential rental income of $51,900/year).
At $137/square foot, this property is available for much less than construction cost.
Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
Of the 3 remaining spaces are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.

Property Details

Class
B
Year Built
1985
Stories
2
Lot Size (sq. ft)
68,825 SF

Highlights

  • 75% interior renovation in early 2022 has produced 6 new tenants.
  • 3 spaces remain ready for occupancy (potential rental income of $51,900/year).
  • Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
  • At $137/square foot, this property is available for much less than construction cost.
  • Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
  • Of the 3 remaining spaces are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.

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