1899 N US Highway 1, Ormond Beach, FL 32174 (MLS# 1057329)

1899 N US Highway 1, Ormond Beach, FL 32174

$11,000,000
Property Type: Commercial Sale Square Footage: 193,297 Status: Closed
Current Price: $11,000,000 List Date: 5/09/2019 Last Modified: 9/28/2024

Overview

Description

Investment opportunity - Multi-tenant building or potentially owner occupied with tenants. Ideal for Food production, bakery, distribution, retail storage, ecommerce, warehousing and fulfillment. Food/Produce production area - separated room with floor drains – 9,000 sq. ft. +/- Meat production area - separate room with floor drains – 9,000 sq. ft. +/- Suitable for dry or food items. Building is food grade rated. 38,000 dry area fully racked, approx. 2500 positions, 10 ft aisles, racking in good condition. Included dock area is approx. 5000 sq. ft. with 8 doors. 40,000 dry area non-racked open space available in 3 months with floor drains. Executive offices approximately 4,000 sq. ft. Bailer can be included. Battery charging stations available.

Supplements: Office space upto 6380 sq. ft. on second floor. Refrigerated area is 24000++ sq. ft. Currently available Dock space can be allocated as mutually agreed, many dock areas are temperature controlled or can be left ambient Separate building 3600 sq ft with truck sized doors and approximately 400 sq. ft. of offices Current tenant with 5 year NNN lease ...

Listing Details MLS# 1057329

General Property Information

Building Area Total
193297
Year Built
1986
Lot Size Dimensions
24.2 Acres
Association YN
No
Water Body Access YN
No
Waterfront YN
No
Directions
Located West of I95 situated on 24.2 Acres with a retention ponds
Public Remarks
Investment opportunity - Multi-tenant building or potentially owner occupied with tenants. Ideal for Food production, bakery, distribution, retail storage, ecommerce, warehousing and fulfillment. Food/Produce production area - separated room with floor drains – 9,000 sq. ft. +/- Meat production area - separate room with floor drains – 9,000 sq. ft. +/- Suitable for dry or food items. Building is food grade rated. 38,000 dry area fully racked, approx. 2500 positions, 10 ft aisles, racking in good condition. Included dock area is approx. 5000 sq. ft. with 8 doors. 40,000 dry area non-racked open space available in 3 months with floor drains. Executive offices approximately 4,000 sq. ft. Bailer can be included. Battery charging stations available.
List Price/SqFt
56.91
Sold Price/SqFt
56.91

Property Features

Business Type: Commercial; Industrial; Warehouse Current Use: Industrial Sale Includes: Building & Land

Contract Information

Listing Contract Date
2019-05-09
Property Sub Type
Business

Location Tax and Legal

Street Number
1899
Street Direction Prefix
N
Street Name
US Highway 1
County
Volusia
State
FL
Postal Code
32174
MLS Area Major
17 - Ormond Beach Peninsula N of 40

Status Change Information

Major Change Timestamp
2020-02-25T21:31:00Z
Major Change Type
Status Change
Purchase Contract Date
2020-02-11
Close Date
2020-02-25
Close Price
11000000

Building Features

Ceiling Eve Height
26 - 30 Feet High
Maximum Ceiling Height
30

More Information

Historical Information

Public Historical Remarks 1
Zoning (Text): I-1 Commercial; Confidential Listing: N; % Occupancy: 45.00; Franchise Opt In: No

Location, Tax, and Legal

Country
US
Parcel Number
3126-00-00-0021
Tax Annual Amount
86593
Tax Year
2018
Tax Legal Description
26-13-31 IRREG PARCEL IN N/W BEING W 1238 FT MEAS ON N/L OF N 668.57 FT ON W LINE & N 334 FT ON E/L N OF US 1 & 782.50 FT MEAS ON E ROW OF US 1 PER OR 4304 PG 0251 PER OR 6100 PG 0106 PER OR 6990 PG 1051 PER OR 7029 PG 4825
Zoning Description
Industrial

Currently Not Used

Year Built
1986

Current Use

Industrial
Yes

Business Type

Commercial
Yes
Industrial
Yes
Warehouse
Yes

Sale Includes

Building & Land
Yes
Listing Office: SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.