902 S LEAVITT AVENUE,ORANGE CITY,Volusia,Commercial Sale

Descripción

Great Opportunity to buy a multi-tenant industrial building in Orange City for just over $100/Square Foot. Small industrial units are in high demand. Purchase and re-lease to market rates or convert to industrial condos. Masonry building. 8 bays, each with a restroom. Some bays combined. Area on north side of building can be used for storage with fence/screening. Fully occupied at well below market rates by 5 long term tenants. All leases expire at the end of 2024 allowing all to be brought up to current market rates. Out of state owner with limited knowledge of the property. Property could use some cleanup but in overall fair to average condition. Interior of all units may not be accessible during showings. Information herein is based on brokers limited inspection of the property and conversations with an onsite manager/tenant and current property owner.