708 W Park AVENUE, Edgewater, FL, 32132

708 W Park AVENUE, Edgewater, FL, 32132

1979

4,000 sqft

Exceptional Investment Opportunity: Positioned on a prime avenue in a high-growth area, this property offers a very strong return on investment with excellent appreciation potential. Enjoy easy access and exceptional visibility, along with the opportunity to expand the square footage to maximize future value and revenue. This property is poised for continued growth and significant upside. Don’t miss out on this rare opportunity! INDUSTRIAL-ZONED property located in the centrally-located Park Avenue area between Edgewater and New Smyrna Beach. This 4,000 sq. ft. metal building has been separated into 5 spaces: 3 at 800 sq. ft., 1 at 1,000 sq. ft., and 1 at 600 sq. ft. There are five overhead doors, one for each bay. The property is over 1/2 acre, and includes 8 fenced areas that rent for $100/month each. 6 are currently rented, and 1 is being used by the property landscaper. CAP Rate is 7.45%


Status:

Active

Type:

Commercial

Complex:

ASSESSORS ALVAREZ GRANT

Cooling:

A/C - Office Only

Acreage:

0.64

Est. Taxes:

$4,480

Construction

Metal Frame, Metal Siding

Days on Market:

9

MLS #:

NS1082868


Community Info

School Info

Walk Score

Yelp



Listing courtesy of COLLADO REAL ESTATE Phone: 386-427-0002