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    Multi-Tenant Retail/Office Building Title is generated by Realmo AI

    325 S Yonge Street, Ormond Beach, FL 32174

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    For Sale
    $585,000

    COMMERCIAL - Ormond Beach, FL

    Property size:
    2,704 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $216/SF
    Added:
    Mar 23, 2026
    Days on Market:
    98
    Last Refresh:
    Jun 28 at 6:06 pm

    Property Features for 325 S Yonge Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking features
    Parking Lot
    Accessibility
    Accessible Approach with Ramp
    Standard status
    Active
    APN
    4242-10-05-0280
    Size
    2,704 SF
    Lot size
    0.45 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOTS 28 TO 31 INC EXC RD & EXC TR FOR R/W IN LOT 31 MEAS 20 FT ON N/L & MEAS 28.43 FT ON E/L BLK 5 RIO VISTA GARDENS MB 9 PGS 37-38 INC LOTS 1 & 2 BLK 2 BOSTROMS SUB HAND TRACT MB 2 PG 153 EXC E 90 FT THEREOF PER OR 4808 PGS 2366-2367 PER OR 6224 PGS 0035
    Tax Annual Amount
    3745

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1958
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Building materials
    Block, Concrete, Stucco

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    Dayanis Purucker
    Dayanis Purucker

    Listing agent Dayanis Purucker License #3366027

    Listing office Oceans Luxury Realty Full Service LLC 3162 S Atlantic Ave Ste B, Daytona Beach Shores, FL

    Listing date Mar 23, 2026

    MLS# 1224442

    Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully leased, multi‑tenant retail/office building with two tenant suites and independent entrances
    • Immediate 8% cap rate reported for the current fully leased setup
    • Located on US Highway 1 at the signalized intersection of Division Avenue with 21,000–23,000 vehicles per day
    • Concrete block and stucco construction; built in 1958
    • Central air cooling and central electric heating; cable available; public water and public sewer
    • B‑5 Service Commercial zoning; accessible approach with ramp; on‑site parking lot

    Overview

    This well-maintained concrete block retail/office building offers two tenant suites with independent entrances. The property is designed to support separate operations within the same structure, and it includes ample on-site parking. Both suites are currently tenant-occupied, contributing to an income-producing setup suitable for buyers seeking a managed, stabilized asset.

    Located at 325 S Yonge Street in Ormond Beach, the building sits directly on US Highway 1 at the signalized intersection of Division Avenue. The offering includes prominent US-1 frontage with reported average daily vehicle passes exceeding 21,000, providing consistent street-level visibility for service-oriented and professional businesses.

    Current tenants include a State Farm insurance office and a neighboring retail/service suite. The property is served by B-5 Service Commercial zoning, which allows a broad range of uses and can support flexible occupancy strategies over time. With two distinct suites, independent entry points, and a frontage-driven retail/office setting, this asset may fit investors or operators looking for a multi-tenant commercial building positioned for everyday consumer and business activity along US-1.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $58.4k $21.60
    − Vacancy −$4.4k −$1.62
    EGI $54.0k $19.98
    − OpEx −$13.5k −$5.00
    NOI $40.5k $14.99
    2,704 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $578.8K
    $506.5K – $675.3K (±1% cap)
    NOI $40,519 @ 7.0% cap · market cap 6.93%
    Second Best
    Retail
    $363.8K
    $318.4K – $424.5K (±1% cap)
    NOI $25,468 @ 7.0% cap · market cap 4.35%
    Theoretical Best
    Office A
    $797.3K
    $697.6K – $930.2K (±1% cap)
    NOI $55,811 @ 7.0% cap · market cap 9.54%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ormond Beach Video Film Production Alison Boscovich - State ... Insurance Agency Tidwell Cathy Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ormond Beach
    County
    Volusia
    State
    Florida
    Longitude
    -81.057578
    Latitude
    29.274991

    FAQs

    What type of property is this?
    Retail space - Two independently entered suites on a concrete-block retail/office building, fully leased and supported by on-site parking.
    Where is this retail space located?
    The property is located at 325 S Yonge Street Ormond Beach, FL.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: Fully leased, multi‑tenant retail/office building with two tenant suites and independent entrances; Immediate 8% cap rate reported for the current fully leased setup; Located on US Highway 1 at the signalized intersection of Division Avenue with 21,000–23,000 vehicles per day
    More about this property
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