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612 Palmetto St
New Smyrna Beach, FL 32168
Medical Practice & Property For Sale! · Office Property For Sale

Investment Highlights

  • Lucrative Medical Business for Sale - Building for Sale Or Lease
  • $2,193,000 Annual Gross Revenue - $1,587,000 EBIDTA
  • Long Term Gastroenterology - Ambulatory Practice For Sale
  • 10%-15% Down Payment Financing Available for Owner-Occupants

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
2,731 SF
Building Class
B
Year Built
1992
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,731 SF
Building FAR
0.18
Lot Size
0.34 AC
Zoning
10R6
Parking
13 Spaces (4.76 Spaces per 1,000 SF Leased)

About 612 PALMETTO ST , NEW SMYRNA BEACH, FL 32168

Located in the midst of the New Smyrna Beach Medical District, this well-established Gastroenterology/Ambulatory Care Center is available for sale. The Bert Fish Medical Center and The Florida Hospital Orthopedics and Surgery Center are located next door and across the street. Prospective purchasers can choose to purchase the real estate and medical practice, or they can purchase just the practice while accepting a lease arrangement from the Owner. Owner-Operators will be able to continue the operation of a Gastroenterology/Ambulatory Care Center, or operate another medical enterprise in the building. This offering includes: .34 Acres, a 2996 SF Building, 12 Parking Spaces, Gastroenterology/Ambulatory Care, FFE included, $2,193,519 Gross Revenue and $1,587,437 EBIDTA. The new Owner-Operator will be able to take over a well-established practice while earning a significant return on their investment. Financing: Pharus Funding Partners will work with the new Owner-Operators to obtain financing that includes 10%-15% down payment with favorable rate and terms.

Property Taxes

Property Taxes

Parcel Number
7441-38-25-2750
Land Assessment
$108,360
Improvements Assessment
$316,611
Total Assessment
$424,971
  • Listing ID: 17522261

  • Date on Market: 10/22/2019

  • Last Updated:

  • Address: 612 Palmetto St, New Smyrna Beach, FL 32168

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