Geri Westfall Real Estate
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listing
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CommercialFor Sale
$2,950,000
501 N Grandview Avenue
Daytona Beach, FL 32118
Courtesy of SVN Alliance Commercial Real Estate Advisors - Carl Lentz
MLS: Daytona Beach AOR MLS
39,592Sq Ft
Est. Mortgage
$15,327/mo

Listed for only $82/square foot! Owner financing available to qualified buyers. Currently, 22.5% occupied with space available. Excellent opportunity for an office user to occupy a portion of the building and offset costs with rental income in the building. For investors, add tenants and collect rent while you wait to redevelop the 2.23 acres of prime beachside land. Concrete block construction. 150 +/- parking spaces (currently has rental income from parking). Recent capital expenditures include: $90K TPO roof and $80K HVAC upgrades. In addition to office and retail, BR-2 zoning has wide range of uses for redevelopment such as hotel, multi-family, medical office, mixed-use multi-story and more. Located in the heart of the World's Most Famous Beach (Daytona Beach, FL) with easy access to beachside shopping and hotels. Nearby the Daytona Lagoon, Daytona Beach Bandshell, and the Ocean Convention Center, and several 4-star hotels including the Daytona Grande Oceanfront Hotel and the Plaza Resort & Spa.

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Information courtesy of SVN Alliance Commercial Real Estate Advisors is subject to verification and is not guaranteed.
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