$758,000
$975,000
22.3%For more information regarding the value of a property, please contact us for a free consultation.
2220 HIBISCUS DR Edgewater, FL 32141
3,240 SqFt
Key Details
Sold Price $758,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,240 sqft
Price per Sqft $233
Subdivision Florida Shores
MLS Listing ID NS1081965
Sold Date 10/18/24
HOA Y/N No
Originating Board Stellar MLS
Year Built 1990
Annual Tax Amount $6,997
Lot Size 0.610 Acres
Acres 0.61
Lot Dimensions 160 x 167
Property Description
It's a unique combination of a glass-front office building and a storage facility, catering to a variety of business needs. The 9 unit office building features large roll-up back doors designed for storage purposes, providing flexibility for businesses requiring both office space and storage solutions. The 40 ft deep retail spaces within the building are currently utilized effectively in many ways, offering a range of opportunities with street visibility for different types of businesses. Each unit in the building is separately metered, allowing tenants to pay their own utilities, helping to streamline the operational costs.
Adding to the property's appeal is the rear building, which provides 2,000 square feet of storage space divided into 15 units. This additional storage capacity enhances the property's value and rental potential, offering secure and accessible storage solutions. With three 10 x 10 units, seven 10 x 20 units, and an additional four 5 x 8 unit, tenants have a selection of storage spaces to choose from based on their requirements. This variation in sizes not only accommodates different storage needs but also enhances the property's rental potential by appealing to a broader market of potential tenants. Ensuring the security and peace of mind of tenants is a top priority at this property. The storage units are located within a fenced and gated area, adding an extra layer of safety and protection for stored belongings.
The roll-up doors further streamline the moving-in and moving-out process, making it hassle-free for tenants to access their storage space.
Seize the opportunity to own a property that not only combines office and storage facilities but also offers a highly functional and diverse storage solution with ease of access and maximizes rental income potential. This property is poised to be a valuable asset in the commercial real estate market.
Location
State FL
County Volusia
Community Florida Shores
Zoning B2
Interior
Heating Electric
Cooling Mini-Split Unit(s)
Flooring Concrete
Exterior
Parking Features Parking Spaces - 13 to 18
Community Features Sidewalks
Utilities Available Phone Available, Public, Water Connected
Roof Type Shingle
Building
Lot Description Central Business District, City Limits, Industrial Park, Street Lights, Paved
Story 1
Entry Level One
Foundation Concrete Perimeter, Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Concrete,Stucco
New Construction false
Others
Pets Allowed No
Ownership Sole Proprietor
Acceptable Financing Conventional, Other, Owner Financing
Listing Terms Conventional, Other, Owner Financing
Special Listing Condition None
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Bought with TRANSACT BROKERS INC
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