We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back to Search

Commercial - VOLUSIA GARDENS for Sale

143 E MICHIGAN, ORANGE CITY, FL 32763

Asking Price$650,000

Share by:
  • Days on market:

    5 day(s)
  • Original Price:

    $650,000
  • Price per sqft:

    $619.05
  • Tax Legal Description:

    33-17-30 LOTS 74 TO 76 INC VOLUSIA GARDENS MB 7 PG 104 PER O R 4094 PG 3263 PER OR 8093 PG 3275
  • Tax Year:

    2024
  • Property Type:

    Commercial
  • Parking:

    6 to 12 Spaces
  • Construction Type:

    Metal Frame Metal Siding
  • Cooling Description:

    A/C - Office Only
  • Floor Description:

    Concrete Luxury Vinyl
  • Special Listing Conditions:

    None

Description

$650,000 • living size area 1050 sqft

*prime investment opportunity: auto mechanic shop with residential rental income** unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. located in a high-visibility area, this property offers a unique combination of income streams and flexibility for future growth. **key features:** - **six-bay auto mechanic shop:** this spacious and fully equipped auto shop is ready for immediate use. the facility includes: - **six car lifts** for handling a variety of vehicles - **air compressor** for pneumatic tools - **tire changer** to meet all tire service needs - **waste coolant tank** for environmental compliance - dedicated **storage space** for tools, parts, and supplies whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. note: the sale does not include the existing business currently operating in the space. - **single-family residential unit:** a fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates. **leasing information:** both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired. **highlights:** - high-traffic location with excellent visibility and accessibility - ample parking space for customers and tenants - well-maintained building and facilities - separate utility meters for ease of management - strong potential for steady cash flow from both commercial and residential units whether you’re an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. with a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don’t want to miss. note: this listing is being sold together with fc 305774, apn: 17-30-33-04-00-0770, for a total purchase price of $650,000.00.

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty