708 W PARK AVE, EDGEWATER, FL, 32132
$639,000
Commercial Sale
Living Area
4,000 Sqft
Lot Size
27,978 Sqft
Exceptional Investment Opportunity in Prime Industrial Zone Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity! INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.81%
Property Details
Property Features Property Features
MLS ID: MFRNS1082868 Year Built: 1979
Building Features: Bathrooms, Fencing, Overhead Doors Construction Materials: Metal Frame, Metal Siding
Cooling: Office Only Country: US
County Or Parish: Volusia Foundation Details: Slab
Levels: One Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional Lot Features: Industrial Park, Landscaped, Sidewalk, Paved
Property Condition: Completed Property Sub Type: Industrial
Property Type: Commercial Sale Road Frontage Type: City Street
Road Responsibility: Public Maintained Road Road Surface Type: Asphalt, Dirt
Roof: Metal Showing Requirements: 24 Hour Notice, Appointment Only
Special Listing Conditions: None Standard Status: Active
State Or Province: FL
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