1294 Ocean Shore Blvd Ormond Beach, FL 32176
For Sale
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This exceptional opportunity presents the acquisition of a well-established hardware store located at 1294 Ocean Shore Boulevard, Ormond Beach, Florida 32176. The business, operating for over 20 years, enjoys a prime location on the beachside peninsula, boasting high visibility and limited competition within an 11-mile radius. The store occupies a 3,200 square foot space within a single-story building constructed in 1955, situated on a sizable 18,373.61 square foot lot. Currently operating at 100% occupancy, this turnkey operation offers a diverse range of products and services, including custom paint mixing, key cutting, and essential plumbing and electrical supplies, catering to both residents and tourists. The asking price is $250,000, representing a significant opportunity for an owner/user investment. This is a business sale only; real estate and inventory are not included in the sale price. The lease is a gross lease on a single unit. The business presents substantial upside potential due to its established customer base and unique market position. This is a rare chance to own a thriving, long-standing business in a desirable coastal Florida location.
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KNS Hardware Building Supply Hardware & Home Improvement
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Ormond Beach, FLOrmond Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.