123 W Rhode Island Avenue, Orange City, FL 32763

$1,350,000
6,020
SqFt

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List Price
$1,350,000
Status
Active
Days on Market
51
MLS#
O6414974
Property Style
Mixed Use
Year Built
1967
Living Area
6,020
Lot Size
108,900
Acres
2.50
Total Acreage
2 to less than 5
Legal Subdivision Name
Orange City
MLS Area Major
Orange City

Property Description

Exceptional opportunity to acquire a 2.25-acre commercial campus in the heart of Orange City. The property features four buildings totaling approximately 6,060 SF and offers a rare combination of investment income and owner-user flexibility. Currently generating approximately $9,200 month in rental income, with one tenant's lease nearing expiration, creating the opportunity for an owner-occupant to immediately utilize the front two buildings totaling approximately 2,500 SF while continuing to collect income from the remaining tenants. The property offers ample parking, excellent visibility, and convenient access to major thoroughfares including Volusia Avenue (US 17-92). Ideal for professional offices, medical, educational, religious, nonprofit, training facilities, or a variety of commercial uses. The expansive 2.25-acre site also provides room for future expansion and redevelopment opportunities. A unique chance to secure an income-producing asset with immediate upside and owner-user potential.

Additional Information

Taxes Annual
$3508
Annual Gross Income
110400
Location
City Limits, Landscaped, Wooded
Community Features
No Deed Restriction
Zoning
R-4
Floor
Ceramic Tile, Laminate
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected
Heating
Central
Air Conditioning
Central Air, Mini-Split Unit(s)
Exterior Construction
Block, Stucco
Roof
Shingle
Foundation
Slab
Pool
No Pool
Flood Zone Code
x
Parcel ID
2377143
Legal Description
S 1/2 LOT 22 EXC W 462 FT OF S 1/2 EXC NEW R/W IN S 62.55 FT ON W/L & S 23.66 FT ON E/L N OF RHODE ISLAND & N 1/2 LOT 22 EXC W 528 FT BLK 30 ORANGE CITY MB 3 PG 86PER OR 2127 PG 0179 PER OR 3690 PG 1552 PER OR 5792 PG 1236 PER OR 5828 PG 0360-0363 PER OR PER OR 5868 PG 1823 & PER OR 6386 PG 1477 PER OR 7224 PG 2295

Listing courtesy of PRIMEFIT PROPERTIES LLC. 407-305-2284

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