145 E MICHIGAN AVE Orange City, FL 32763
UPDATED:
12/17/2024 10:08 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $619
Subdivision Volusia Gardens
MLS Listing ID FC305774
HOA Y/N No
Originating Board Stellar MLS
Year Built 1952
Annual Tax Amount $3,879
Lot Size 0.430 Acres
Acres 0.43
Property Description
Unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. Located in a high-visibility area, this property offers a unique combination of income streams and flexibility for future growth.
**Key Features:**
- **Six-Bay Auto Mechanic Shop:**
This spacious and fully equipped auto shop is ready for immediate use. The facility includes:
- **Six car lifts** for handling a variety of vehicles
- **Air compressor** for pneumatic tools
- **Tire changer** to meet all tire service needs
- **Waste coolant tank** for environmental compliance
- Dedicated **storage space** for tools, parts, and supplies
Whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. Note: the sale does not include the existing business currently operating in the space.
- **Single-Family Residential Unit:**
A fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. Thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates.
**Leasing Information:**
Both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired.
**Highlights:**
- High-traffic location with excellent visibility and accessibility
- Ample parking space for customers and tenants
- Well-maintained building and facilities
- Separate utility meters for ease of management
- Strong potential for steady cash flow from both commercial and residential units
Whether you're an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. With a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don't want to miss.
This listing is being sold together with FC 305779, APN: 17-30-33-04-00-0740, for a total purchase price of $650,000.00.
Location
State FL
County Volusia
Community Volusia Gardens
Zoning 01B4
Interior
Cooling Office Only
Flooring Concrete, Luxury Vinyl
Exterior
Parking Features Parking Spaces - 6 to 12
Utilities Available Public
Building
Entry Level One
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Septic Tank
Water Public
Structure Type Metal Frame,Metal Siding
New Construction false
Others
Ownership Sole Proprietor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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