Orange City, FL 32763,902 S LEAVITT AVE

$760,000

$850,000

10.6%
Est.Price: ?

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Est. payment /mo

8,064 SqFt


SOLD DATE : 11/04/2024

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

Sold Date 11/04/24

Construction Status Inspections

HOA Y/N No

Originating Board Stellar MLS

Year Built 1986

Annual Tax Amount $5,887

Lot Size 0.680 Acres

Acres 0.68

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

Lot Size Range 1/2 to less than 1

Sewer Septic Tank

Water Public

Structure Type Block

New Construction false

Construction Status Inspections

Others

Ownership Corporation

Special Listing Condition None

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Stellar MLS
Listed by HEFFINGTON AND ASSOCIATES
Bought with HEFFINGTON AND ASSOCIATES
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