201 & 211 S Volusia AVENUE, Orange City, FL, 32763 | $550,000

Under contract-accepting backup offers. The Barrett Spray team & KW Commercial are proud to present for the first time on the market in almost 50 years the original Bank of Orange City. For the last 50 years it has been used as the Orange City Medical Complex. This is an opportunity to purchase a mixed use property on the highly traveled S Volusia Ave in Orange City. The property consists of two buildings set up as medical practices and one garage. The first building with two stories was the original bank built in 1925. Although this building is currently configured as a medical office, the possibilities are endless. Medical, Retail, Commercial, Office? You get to create your own space. The first floor is currently set up as a doctors office. There is currently a receptions area, eight exam rooms, two restrooms, a storage room and an x-ray room and a large private office. The upstairs is currently unfinished and used for storage, one restroom, kitchenette and 7 spaces that can be used as offices or conference rooms. A significant remodel will be needed. The second building is a one story building also designed as a medical office with 7 rooms which can be utilized as exam rooms or offices, three restrooms and a center work area. There is also a detached garage which can be used for extra storage. There is a large parking a lot connecting all of the buildings with 27 parking spaces. A large monument sign advertises your business to the almost 32000 AADT count. Come make this prime piece of real estate yours today.

Features

  • Property Type: Mixed Use
  • Construction: Brick, Concrete, Wood Frame
  • Utilities: BB/HS Internet Capable, Phone Available, Public, Underground Utilities, Water Connected
  • Garage: 19 to 30 Spaces
  • Levels: 2
  • Heating: Central
  • Cooling: Central Air
  • Units: 2
  • Year Built: 1925
  • Approx Sq. Feet: 7,554
  • Acreage: 1.02
  • Est. Taxes: $10,075
  • Lot Desc: Central Business District, Curb and Gutters, City Lot
  • Appliances: Refrigerator
  • MLS#: O6220806
  • Days on Market: 103 days
  • Website: https://www.raveis.com
    /prop/O6220806/201and211svolusiaavenue_orangecity_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 12/22/2024 3:05:27 PM)
Listing courtesy of KELLER WILLIAMS ADVANTAGE REAL   Phone: 407-977-7600

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NMLS Mortgage Loan Originator ID 16953

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201 & 211 S Volusia AVENUE, Orange City, FL, 32763

$550,000

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 $440,000 $440,000 $440,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $840 $840 $840
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,964 $2,924 $3,711
Total Monthly Payment $3,896 $3,856 $4,643

* 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.