902 S LEAVITT AVE Pending Save Request In-Person Tour Request Virtual Tour
Orange City,FL 32763
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 8,064 sqft
Price per Sqft $105
MLS Listing ID V4937118
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 1986
Annual Tax Amount $5,887
Lot Size 0.680 Acres
Acres 0.68
Property Description
Under contract-accepting backup offers. Great Opportunity to buy a multi-tenant industrial building in Orange City for just over $100/Square Foot. Small industrial units are in high demand. Purchase and re-lease to market rates or convert to industrial condos. Masonry building. 8 bays, each with a restroom. Some bays combined. Area on north side of building can be used for storage with fence/screening. Fully occupied at well below market rates by 5 long term tenants. All leases expire at the end of 2024 allowing all to be brought up to current market rates. Out of state owner with limited knowledge of the property. Property could use some cleanup but in overall fair to average condition. Interior of all units may not be accessible during showings. Information herein is based on brokers limited inspection of the property and conversations with an onsite manager/tenant and current property owner.
Location
State FL
County Volusia
Zoning I-1, INDUS
Interior
Cooling None
Exterior
Waterfront false
Roof Type Shingle
Building
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Septic Tank
Water Public
Structure Type Block
New Construction false
Construction Status Inspections
Others
Ownership Corporation
Special Listing Condition None