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Commercial - ASSESSORS ALVAREZ GRANT for Sale

708 WEST PARK, EDGEWATER, FL 32132

Asking Price$639,000

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  • Days on market:

    310 day(s)
  • Original Price:

    $639,000
  • Price per sqft:

    $159.75
  • Tax Legal Description:

    E 75 FT OF W 2546.5 FT OF N 380 FT OF LOT 37 ALVAREZ GRANT MB 3 PG 137 EXC N 7.79 FT ON W/L FOR R/W PER OR 4292 PG 0439 PER OR 7205 PG 4049 PER OR 7930 PG 0677
  • Tax Year:

    2024
  • Property Type:

    Commercial
  • Construction Type:

    Metal Frame Metal Siding
  • Roof:

    Metal
  • Cooling Description:

    A/C - Office Only
  • Special Listing Conditions:

    None
  • Lot Features:

    Sidewalk Industrial Park Landscaped

Description

$639,000 • living size area 4000 sqft

Exceptional investment opportunity in prime industrial zone 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 7.81%

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