Property summary
This exceptional 1,280-square-foot commercial office building, situated on a 5,549.54-square-foot lot in New Smyrna Beach, Florida, presents a compelling investment opportunity. Located at 400 N Orange Street, this Class C property boasts a desirable B-3 (HIGHWAY COMMERCIAL) zoning, allowing for a variety of commercial uses. Built in 1940 and extensively renovated in 2022, the single-story building features a well-designed layout including a conference room, individual offices, a tiled restroom, rear storage room, kitchen, and breakroom. The property includes rear parking with crushed asphalt milling and convenient access to US Highway 1 via Murray Street (one-way alleyway). Currently occupied, the existing tenant will vacate at the end of November 2024, providing immediate occupancy thereafter. The asking price is $539,900, translating to $421 per square foot. This free-standing building offers a unique blend of functionality and location, making it an ideal investment for discerning buyers. The property is offered for sale as a single unit.
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Property description
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