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454 S Yonge St
Ormond Beach, FL 32174
Office Property For Sale

INVESTMENT HIGHLIGHTS

  • 75% interior renovation in early 2022 has produced 6 new tenants.
  • Excellent income opportunity for cash flow investor, or office user looking to occupy a portion of the building and collect rent.
  • Located just minutes from I-95, this property has excellent parking and a large monument sign displaying tenants.
  • 3 spaces remain ready for occupancy (potential rental income of $51,900/year).
  • At $137/square foot, this property is available for much less than construction cost.
  • Of the 3 remaining spaces are on the second floor, 2 can be a contiguous 3,500 square feet for a larger tenant/buyer.

PROPERTY FACTS

Property Type
Office
Building Size
16,834 SF
Building Class
B
Year Built
1985
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,417 SF
Building FAR
0.24
Lot Size
1.58 AC
Zoning
B-5 - Commercial
Parking
33 Spaces (0 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4242-10-03-0200
Land Assessment
$284,048
Improvements Assessment
$877,864
Total Assessment
$1,161,912
  • Listing ID: 26610328

  • Date on Market: 9/12/2022

  • Last Updated:

  • Address: 454 S Yonge St, Ormond Beach, FL 32174

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