$449,000

3625 Us Hwy 1

EDGEWATER FL, 32141

Description

THIS PROPERTY CONSISTS OF A "FREE-STANDING" COMMERCIAL BUILDING CONSISTING OF COMBINED 4,500 SQ FT OF RETAIL AND WAREHOUSE SPACE. THE PARKING LOT HAS AMPLE PARKING WITH EIGHT PARKING SPACES AND WELL KEPT AND LANDSCAPED GROUNDS. THE PROPERTY IS 125 FRONTAGE ON US HWY 1 DIRECTLY UPON A WELL TRAVELED CORRIDOR IN EDGEWATER. THIS LOCATION HAS AN ANNUAL AVERAGE DAILY TRAFFIC COUNT OF 14,300 +/- VEHICLES PER DAY. THE BUILDING CURRENTLY HOUSES A SUCCESSFUL BUSINESS THAT HAS BEEN IN PLACE FOR 36 YEARS WITH AN ATTRACTIVE LEASE OPTION. THE COMMERCIAL RETAIL SPACE IS WIDE OPEN AND EXPANSIVE IN AREA AND SPACE, PLUS THE ADDITIONAL WAREHOUSE SPACE HAS EASY ACCESS WITH OVERHEAD DOORS. INSIDE THE WAREHOUSE IS AN UPSTAIRS BUSINESS OFFICE. THE BUILDING IS METAL CONSTRUCTION AND A METAL ROOFING SYSTEM. THE ADJACENT LOTS MOVING NORTH TO THE CORNER OF GODFREY RD. COULD BE AN EXCELLENT COMMERCIAL DEVELOPMENT SITE WITH THE COMBINED PARCELS TO INCLUDE 350 FEET OF FRONTAGE ALONG US HWY 1. THE B-3 ZONING IS INTENDED FOR HIGH VOLUME RELATED COMMERCIAL USES. THE COMMERCIAL POSSIBILITIES ARE ENDLESS WITH THIS MUCH PROPERTY ALONG US HWY 1 AND NO LIMITING FACTORS TO NEW DEVELOPMENT.

Details

MLS#O5884729
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1983
Days On Site70

Features

SQ Feet3,375
Acreage0.50
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Area Information
StateFL
CountyVolusia
CityEDGEWATER
Zip Code32141
Area32141 - Edgewater
Listing VS Median (in 32141)
Price:
$449,000
low | high
Med:
$235,000
97.661469933185% of Average
SqFt:
3,375
low | high
Med:
1,824
95.955555555556% of Average
$ / SqFt:
$133
low | high
Med:
$129
53.156502754659% of Average
On Site:
70
low | high
Med:
20
100% of Average
Listing Updated: 10/06/2020
William Roe LogoMLS Number: O5884729
Listing Provided By:
William Roe  of  OCEAN PROPERTIES MANAGEMENT

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