Oceanside Executive Center-Fully Furnished Office

Office for Sale
Catylist Listing ID: 30341079
Property Subtypes: Office Building
Building Size (RSF): 26,682 SF
Gross Land Area: 0.99 Acres
Sale Price: $2,800,000
Unit Price: $104.94 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Building Name: Oceanside Executive Center
Class of Space: Class B
Usable Size (USF): 26,682 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

Beachside 26,682+/- SF fully furnished office building in Ormond Beach, Florida.
The interior of the property was completely redesigned and remodeled from 2012 through 2016 at a cost of over $2,400,000.
The property sits on just under one acre directly across the street from the ocean with ocean views throughout the building.
The building can accommodate a single or multiple users on the five floors.
The HVAC system is designed with two zones per floor if conversion to multiple tenants is desired. There are 88+/- parking spaces and a full building generator with 800 Gallons of diesel storage on site.
Additional improvements and features include a new roof in 2015, new HVAC system, storm shutters, new interior fire sprinkler system, updated elevator components, and ADA compliant bathrooms.
Possible conversion to office condos.
The seller will consider financing a purchase and will lease back the property until June of 2019.
All showings will be by appointment only.

Located on the beachside in Ormond Beach. The property sits on the west side of South Atlantic Avenue approximately 1/4 mile south of Granada Boulevard.
Directly south of Stonewood Grill & Tavern.

Attachments & Media

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 4214-09-06-0070
Zoning: B-4 CENTRAL BUSINESS
Property Visibility: Excellent
Highway Access: I-95
Airports: Daytona International Airport
Site Description: Beachside 26,682+/- SF fully furnished office building in Ormond Beach, Florida. The interior of the property was completely redesigned and remodeled from 2012 through 2016 at a cost of over $2,400,000. The property sits on just under one acre directly across the street from the ocean with ocean views throughout the building. The building can accommodate a single or multiple users on the five floors. The HVAC system is designed with two zones per floor if conversion to multiple tenants is desired. There are 88+/- parking spaces and a full building generator with 800 Gallons of diesel storage on site. Additional improvements and features include a new roof in 2015, new HVAC system, storm shutters, new interior fire sprinkler system, updated elevator components, and ADA compliant bathrooms. Possible conversion to office condos. The seller will consider financing a purchase and will lease back the property until June of 2019. All showings will be by appointment only.
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 5,300 SF
Year Built: 1975
Year Renovated: 2010
Total Parking Spaces: 88
Zoning Description: B-4 Central Business
Lot Frontage: 218
Lot Depth: 180

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,274 35,443 79,849
Median Age: 51.31 48.11 47.83
Households: 1,126 16,652 36,957

Contact

Photograph of Listing Agent

John W. Trost, CCIM

SVN | Alliance Commercial Real Estate Advisors
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