About This Home
This 0-bedroom, 2-bathroom commercial at 325 S Yonge Street in Ormond Beach, FL is listed for $585,000 ($216 per sqft). Built in 1958, the home offers 2,704 sqft of living space on a 0.45 acres lot.
Key Features
- Built in 1958
- 0.45 acre lot
Property Details
Amenities
Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point.
The Numbers Work From Day One. Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location.
Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day. Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses that thrive on street-level visibility.
The Asset This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases.
Why Ormond Beach? Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
Monthly Cost Estimate
$3,129/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
325 S Yonge Street
Ormond Beach, FL 32174
Rio Vista Gardens
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 2-bathroom commercial at 325 S Yonge Street is listed at $585,000 ($216/sqft). The estimated monthly payment is $3,129 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1958, 0.45 acre lot.
This property is listed by Dayanis Purucker and can be reached at 3863154450.
