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1420 Mason Avenue,  Daytona Beach FL, 32117

(Active)
$1,225,000
|
7,492 sqft
|
MLS# O6174418
Last Updated: 5/16/2024 10:56 PM
Description for 1420 Mason Avenue Daytona Beach, FL 32117
BIG PRICE REDUCTION! 100% Leased Up investment property on a main road with long-term high quality tenants. Hard to find multi-tenant commercial building with one year leases for maximum flexibility. Below market rents for value-added opportunity. Two storefronts - state funded school occupies approximately 5,500 sq ft with the other space occupied by a drug testing lab. School has been leasing since 2006 and the testing facility has been leasing since 2014. 2023 - new electric panels. 2022 - roof resealed. 2017 - 2020 - a/c units replaced. Brick exterior for easy maintenance. Well located on major commercial connector within minutes of I-95, I-4, US 92, and LPGA Blvd interchange, near the Daytona International Airport, the Speedway, and Halifax Health Hospital. Large sign and left hand turn lane for easy access. New Assisted Living Center proposed for site across the street, and lots of medical office users in the area. No sign. Please do not disturb the tenants.
Price
$1,225,000
MASON AVE
Volusia
7,492 (approx)
O6174418
Active
Description
BIG PRICE REDUCTION! 100% Leased Up investment property on a main road with long-term high quality tenants. Hard to find multi-tenant commercial building with one year leases for maximum flexibility. Below market rents for value-added opportunity. Two storefronts - state funded school occupies approximately 5,500 sq ft with the other space occupied by a drug testing lab. School has been leasing since 2006 and the testing facility has been leasing since 2014. 2023 - new electric panels. 2022 - roof resealed. 2017 - 2020 - a/c units replaced. Brick exterior for easy maintenance. Well located on major commercial connector within minutes of I-95, I-4, US 92, and LPGA Blvd interchange, near the Daytona International Airport, the Speedway, and Halifax Health Hospital. Large sign and left hand turn lane for easy access. New Assisted Living Center proposed for site across the street, and lots of medical office users in the area. No sign. Please do not disturb the tenants.
Listing Information
Property Type: Retail, Business Opportunities, Other
0.67 Acres 7,492 (approx) 1987
Brick
15//
MASON AVE
Slab
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
Membrane
IRR
02T4
Driving Directions
1-95 to east on Speedway International Blvd exit, left on N Clyde Morris Blvd, left on Mason Ave, property on the right.
Financial Considerations
3240189
$11,102
Listing Price History

Daytona Beach Real Estate

Daytona Beach is located in Florida. Daytona Beach, Florida 32117 has a population of 13,694.

The median household income in Daytona Beach, Florida 32117 is $38,171. The median household income for the surrounding county is $52,138 compared to the national median of $66,222. The median age of people living in Daytona Beach 32117 is 46 years.

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Courtesy: COLDWELL BANKER REALTY, 407-333-8088


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This content last refreshed on 5/16/2024 10:56 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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