2220 HIBISCUS DR

Edgewater,FL 32141

$ 758000

$ 975000 22.3%

- Bed

0 Bath

3240 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

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

Garage Parking Spaces - 13 to 18

Community Features Sidewalks

Utilities Available Phone Available,Public,Water Connected

Waterfront false

Roof Type Shingle

Parking Type Parking Spaces - 13 to 18

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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