Prime Commercial Assemblage 1.53 Acres with 264 ft Frontage on US1
Notice: This listing includes two parcels that are currently in the process of being assembled.
This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick fil A. Additionally, it is adjacent to a municipal park, enhancing its appeal. This prime location offers unparalleled business opportunities in a bustling area.
Proximity: 1 hour from Orlando International Airport 2 miles from New Smyrna Beach
Property Overview:
This amazing commercial property is currently operating as a mechanic shop alongside automotive sales, with mobile homes located in the back part of the property. The land offers significant potential for redevelopment and expansion of commercial usage. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded.
Features:
High Traffic Area: Located at the entrance of the busy YMCA, ensuring a steady flow of potential customers.
Versatile Usage: The land can be combined to increase commercial property usage.
Potential for Development: Building a retention pond in the back to meet retention requirements and enhance property appeal.
2Community Redevelopment Area:
This property is also located within the Community Redevelopment Area (CRA), which emphasizes the importance of revitalizing and enhancing the community. Being part of the CRA provides additional opportunities for incentives and support for redevelopment projects, making this property an even more attractive investment.
Prime Commercial Assemblage 1.53 Acres with 264 ft Frontage on US1
Notice: This listing includes two parcels that are currently in the process of being assembled.
This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick fil A. Additionally, it is adjacent to a municipal park, enhancing its appeal. This prime location offers unparalleled business opportunities in a bustling area.
Proximity: 1 hour from Orlando International Airport 2 miles from New Smyrna Beach
Property Overview:
This amazing commercial property is currently operating as a mechanic shop alongside automotive sales, with mobile homes located in the back part of the property. The land offers significant potential for redevelopment and expansion of commercial usage. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded.
Features:
High Traffic Area: Located at the entrance of the busy YMCA, ensuring a steady flow of potential customers.
Versatile Usage: The land can be combined to increase commercial property usage.
Potential for Development: Building a retention pond in the back to meet retention requirements and enhance property appeal.
2Community Redevelopment Area:
This property is also located within the Community Redevelopment Area (CRA), which emphasizes the importance of revitalizing and enhancing the community. Being part of the CRA provides additional opportunities for incentives and support for redevelopment projects, making this property an even more attractive investment.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Concrete
Living Area: 7435.00
Other Structures: Outbuilding, Storage, Workshop
Roof: Membrane, Metal, Other
Land Information
Lot Features: Central Business District, Corner Lot, Curb and Gutters, City Limits, Other, Sidewalk
Road Frontage Type: Business District, City Street, Interstate
Finance and Tax Information
Home Owners Association Fee: 0.00
Net Operating Income: 0.00
Tax Year: 2023
Other Features
Accessibility Features: Accessible Doors
Country: US
Legal Description: E 200 FT OF N 60 FT OF LOT 31 & S 69 FT OF E 200 FT OF LOT 32 MENDALL HOMESTEAD & LOTS 1 TO 5 INC EXC PART IN RD BLK 1 ROSS & NEWELL SUB MB 3 PG 73 & MB 8 PG 53 PER OR 4555 PG 2552 PER OR 6188 PGS 3452-3453
23.75 acres centrally located 15 minutes to the beach, a few minutes east to shops, groceries and restaurants. Over 600 ft. of frontage along Indian River Blvd. (SR442), with an L Shape to Hideaway La
23.75 acres centrally located 15 minutes to the beach, a few minutes east to shops, groceries and restaurants. Over 600 ft. of frontage along Indian River Blvd. (SR442), with an L Shape to Hideaway La
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