Price Reduction
Address
143 & 145 E Michigan AVENUE, ORANGE CITY, FL
Price
$ 699,900
Property Attributes
  • MLS#O6167193
  • TypeCommercial
  • CountyVOLUSIA
  • CityORANGE CITY
  • AreaOrange City
  • NeighborhoodVolusia Gardens
  • Zip32763
  • StyleMixed Use
  • Year Built1952
  • Taxes$ 4810
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1050
  • Lot Size0.69 Acres
Data Source:
Stellar MLS
Property Description

Incredible investment prospect awaits an investor or operator! Take advantage of this property featuring a renovated single family home with two attached offices and equipped mechanic shop. The package includes essential tools like an air compressor, tire changer, 6 car lifts, storage space and a waste coolant tank. The property is presently leased, yielding a cap rate exceeding 6%, with potential for further growth. Strategically positioned in close proximity to I-4 and Daytona Beach/Orlando for added convenience. Don't miss out on this exceptional opportunity!

Price History
1/3/2024 Listed $780,000
3/21/2024 4% - $750,000
5/29/2024 7% - $699,900

General Features

Cooling A/C - Office Only,Central Air
Roof Shingle
Appliances Dryer,Refrigerator,Washer
Zoning 01B4
Construction Materials Block
Year Built 1952
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Sole Proprietor
Additional Parcels Description 703304000740
County Volusia
New Construction No
Property Type Commercial Sale
Subdivision Name VOLUSIA GARDENS
Status Active
Directions From I4,Take 472 East,left on 17-92 and left onto E Michigan Ave
ModificationTimestamp 2024-05-29T15:42:44.203Z
City ORANGE CITY
Buyer Agent Compensation 2.5%
View Y/N No
MLS Area 32763 - Orange City
Lot Size Units Square Feet
Lot Size Square Feet 30000
Waterfront Y/N No
Street Name Michigan
Tax Annual Amount 4810
Property Condition Completed
Additional Parcels Y/N Yes
Days on Market 148
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 77
Legal Description 33-17-30 LOTS 77 TO 81 INC VOLUSIA GARDENS MB 7 PG 104 PER OR 2739 PG 0690 PER OR 8093 PG 3275 -AND- 33-17-30 LOTS 74 TO 76 INC VOLUSIA GARDENS MB 7 PG 104 PER OR 4094 PG 3263 PER OR 8093 PG 3275
Water Access Y/N No
Water View Y/N No
Flood Zone Code X

Interior Features

Total Stories 1
Air Conditioning Y/N Yes
LivingAreaSource Public Records

Exterior Features

Lot Size Area 30000
Foundation Details Slab
Number of Buildings 3
Building Area Total 1522
Lot Dimensions 299 x 150
Street Suffix AVENUE
Lot Size Acres 0.69
Road Surface Type Paved
Road Frontage Type City Street
Number of Lots 2

Amenities

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

Property vs Commercial Average in 32763

Price
AVG $680K
$700K
Taxes
AVG $6,638
$4,810
Visits
AVG 159
168
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1952

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