Commercial property in Orange City, Florida 34.84 sq.m. № 1649446

Property description

BIG RICE REDUCTION! Commercial property on large lot with seasoned tenants in place with a 7.5% CAP Rate. Excellent condition with tenants taking care of the maintenance. 1.45 acres lot with additional space for additional square footage or parking. Excellent visibility with 115’ of highway frontage on busy 17-92 with 31,450 vehicles per day. Current structure on site is a former retail center/showcase for prominent local pool builder and consists of office space with covered porch and two enclosed pools. Zoning is Orange City commercial CG-1. City sewer and water tied in, plus an old well on the site. Lots of new development and population growth in the area.