1230 N Us Highway 1, #20, Ormond Beach, FL, 32174 | $649,000

Located! Location! Location! Placed in the Hull Point Business Park, sitting on US-1 and Hull Road, this versatile commercial property presents an incredible opportunity for various business ventures. This property is 3, 652sq. ft. with an additional 1, 314sq. ft. in the mezzanine for a total of over 4, 900 usable square feet. This property ensures high visibility and easy accessibility, making it an ideal investment. Right down the road from hundreds of new homes being built and direct interstate access with an interchange scheduled to be revitalized in the next couple of years. This is a one of a kind office space. Featuring a large storefront area, offices, and warehouse space. The current owner designed and completed the entire buildout at a cost of $225, 000.

This property has to be seen to appreciate the level of storefront detail.
The property features the storefront retail space at 30x55, 4 spacious offices, perfect for administrative tasks, meetings, or private consultations, along with a large break room with a sink, counter area, and conference space. There is also a large closet space that would fit a printer and any other office supplies. There are 2 half bathrooms in the main store front, a full bathroom with a shower in the office area, and another half bath in the warehouse. The warehouse boasts a two-story design, offering ample workspace and storage on the main level and plenty more storage on the second floor with a large swing door at the top of the stairs to facilitate easy loading and unloading to the second level. The main level is 31x29 with a 22ft high ceiling. The upper level is 40x29 with a smaller section at 14x11. Additionally, the warehouse has a large overhead door (14x14) providing direct access for large deliveries, shipments, and all equipment. The warehouse portion and parking space for work vehicles is located at the back of the building for ease of logistics and operations. (The versatile storefront space is designed to enhance customer experience and operational efficiency, making it ideal for any service-oriented business such as a pool store, salon, eyeglass shop, pet supply store, dog grooming or any small service-based enterprise. The property is equipped with air conditioning units that are approximately 10 years old and a water heater that is about 5 years old. (This property is a fantastic investment for entrepreneurs looking to establish or expand their business in a bustling area. The combination of strategic location and versatile layout makes it an attractive option for a wide range of service-based businesses. Don't miss this chance to secure a prime commercial property that offers both functionality and convent access for clients. Contact us today to schedule a viewing or for more information!

All information recorded in the MLS is intended to be accurate but can not be guaranteed.

Features

  • Property Type: Industrial
  • Construction: Block, Concrete, Metal Frame
  • Cooling: Central Air
  • Year Built: 2008
  • Approx Sq. Feet: 3,655
  • Acreage: 0.08
  • Est. Taxes: $5,889
  • Condo Fee: $1,131 Monthly
  • MLS#: V4936605
  • Days on Market: 170 days
  • Website: https://www.raveis.com
    /prop/V4936605/1230nushighway1_ormondbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/23/2024 1:17:11 PM)
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NMLS Mortgage Loan Originator ID 16953

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1230 N Us Highway 1, #20, Ormond Beach, FL, 32174

$649,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $519,200 $519,200 $519,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $491 $491 $491
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,454 $3,451 $4,452
Total Monthly Payment $4,037 $4,034 $5,035

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.