Lease to Own
Address
3625 US HWY 1 Edgewater, FL
Price
$ 449,000
Property Attributes
  • MLS#O5884729
  • TypePending
  • CountyVOLUSIA
  • CityEdgewater
  • AreaEdgewater
  • Zip32141
  • StyleRetail
  • Year Built1983
  • Taxes4779
  • Price$ 449,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3375
  • Lot Size0.5 Acres
Listing Provided Courtesy Of:
OCEAN PROPERTIES & MANAGEMENT
Property 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.

Price History
8/12/2020 Listed $449,000

General Features

Additional Parcels Y/N Yes
Business Type Retail, Warehouse
Ceiling Height 10 to 15 Feet
Construction Materials Metal Frame
Cooling Central Air
Levels Two
MLS Area 32141 - Edgewater
Property SubType Retail
Property Type Commercial
Special Listing Conditions None
Status Pending
Terms Lease Purchase
Total Num Buildings 1
Year Built 1983

Interior Features

Living Area 3375.00

Exterior Features

Building Area Total 4500.00
Foundation Details Slab
Lot Dimensions 125x175
Lot Size Acres 0.50
Lot Size Square Feet 21875
Road Frontage Type Divided Highway, Easement, Highway

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 32141

Price
AVG $240K
$450K
Taxes
AVG $2,002
$4,779
Visits
AVG 58
84
Year Built
AVG 1991
1983

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