300 S Yonge St Ormond Beach, FL 32174
Warehouse property with existing tenants and value-add potential in Ormond Beach.
Property size:
12,840 SFProperty Features for 300 S Yonge St
General Information
- Size
- 12,840 SF
Building Details
- Year built
- 1973
Source:
Svn
Listing Agent: Michael Baxter
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Ormond Beach Warehouse Investment Opportunity
This property presents a purchase opportunity with existing warehouse space located in Ormond Beach, Florida. The property is situated on US-1 (Yonge Street), a busy thoroughfare, and is located one mile south of Granada Boulevard. The property at 330 S. Yonge Street features concrete block construction and is currently rented for $3,000 per month, plus sales tax and utilities, encompassing 2,400 square feet. The lease for this space expires on January 31, 2028, and the roof was installed in 2018. The property at 326 S. Yonge Street is of steel construction and is rented for $2,500 per month, plus sales tax and utilities, comprising 2,440 square feet. The lease expires on January 31, 2027, with rent increases scheduled to $2,600 per month on February 1, 2025, and further to $3,000 per month on February 1, 2026. The property at 300 S. Yonge Street consists of steel construction and is divided into 8 warehouse units, each measuring 1,000 square feet. Six of these units are rented for $1,050 per month, plus sales tax and utilities, while two units are currently vacant. All leases for these units are short term. The total property size is 12,840 square feet. This property is suitable for an investor or an end-user seeking to occupy a portion of the space while generating income from existing tenants to offset expenses. The property offers add-value potential through raising rents.
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar Places Nearby
Public Storage, Orchards Oaks Self-Storage, Best American Storage, KlEENKUTT Storages, Public Storage Orchard St entrance
Location Insight
- Map
- Local Demand
- City
- Ormond Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.057715
- Latitude
- 29.273857
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Warehouse property with existing tenants and value-add potential in Ormond Beach.
Where is this warehouse located?
The property is located at 300 S Yonge St Ormond Beach, FL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Opportunity to increase value by raising rents.; - Existing warehouse space in a desirable location (Ormond Beach, FL).; - Located on high-traffic US-1 (Yonge Street).