$236,900

1725 Lexington Avenue

DELAND FL, 32724

Description

THIS SALE IS FOR THE LEASEHOLD IMPROVEMENTS ONLY. 5 YEAR PROVEN POSITITVE CASH FLOW LEASE IN PLACE! YOU ARE BUYING THE 4,000 SQ FT BUILDING. LAND IS PART OF DELAND'S FEDERAL LAND LEASE FOR THE AIRPORT INDUSTRIAL PARK. PROPERTY HAS LONG TERM TENANT (SINCE 2013) WITH BRAND NEW 1 YEAR RE-LEASE AND OPTION TO EXTEND FOR UP TO 2 ADDITIONAL 6 MONTH EXTENSIONS. THIS WELL MAINTAINED CONCRETE BLOCK BUILDING OFFERS 4000 SQ FT OF HEATED AND COOLED FLEX SPACE WITH A "LIGHT INDUSTRIAL" ZONING. FEATURING 3 PRIVATE RESTROOMS, RECEPTION AREA, DEDICATED OFFICE SPACES, CONFERENCE ROOM, LARGE BREAK ROOM WITH KITCHEN, AMPLE STORAGE AREAS WITH GRADE LEVEL ACCESS, 3 NEWER ZONED HAVAC SYSTEMS AND OPEN PARKING ON ALMOST 1 ACRE, WITH HIGH VISABILITY, SEATED ON DIRECT ACCESS PAVED ROAD IN DELAND AIRPORT INDUSTRIAL COMPLEX. THIS STRUCTURE IS READY FOR INVESTMENT OR FUTURE OCCUPANCY.

Details

MLS#V4902349
StyleRetail
Sub-TypeResale
StatusActive
Year1960
Days On Site478

Features

SQ Feet4,000
Story(s)1

Market Activity 32724

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Area Information

StateFL
CountyVolusia
CityDELAND
Zip Code32724
Area32724 - Deland
Listing VS Median (in 32724)
Price:
$236,900
low | high
Med:
$219,000
57.555930772478% of Average
SqFt:
4,000
low | high
Med:
1,656
100% of Average
$ / SqFt:
$59
low | high
Med:
$132
73.294853206575% of Average
On Site:
478
low | high
Med:
6
100% of Average
Listing Updated: 12/13/2019
MLS Number: V4902349
Listing Provided By:
Michael Scott  of  BEACH LIFE REALTY

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