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165 N Yonge St 3,500 SF Retail Building Ormond Beach, FL 32174 $1,731,137 CAD ($494.61 CAD/SF) 4% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy Traffic Prime location on US1
- Amazing signage
- Stand Alone Building
EXECUTIVE SUMMARY
For sale – Prime Restaurant Real Estate / Business Opportunity - Ormond Beach, Florida
Amazing standalone restaurant building, very clean and available in the heart of Ormond Beach (Greater Daytona Beach area). It’s ideally situated near Granada Blvd and busy US-1. The location has been a successful restaurant for over 30 years and continues to thrive today. Why have your restaurant in a hard-to-find shopping center?
Currently operating as a popular breakfast and lunch spot with strong traffic and steady business, the property offers incredible flexibility.
New owner can either continue the well-established concept or bring their own vision to this proven location.
Highlights:
• Excellent standalone building with high visibility and easy access
• 3,500 sq. ft. with room to expand, can add outdoor seating
• The building built in 2017 (8 years ago) and in excellent condition
• Long history of successful restaurant operations
• Large, illuminated sign and smaller wall sign
• Strong breakfast and lunch business already in place
• Complete furnishings, upgraded 12-foot hood system and all kitchen equipment in place
• Opportunity to purchase the building, furnishing, equipment and business with managing partner in place.
• Possible owner financing considered with 40% down – flexible terms
Amazing Opportunity - Offered at 1.25M firm
includes the building, business, equipment and furnishings
This is a rare opportunity for someone looking to expand or relocate to Florida and step into a high performing restaurant with endless possibilities property in a prime location. This is more than a property it’s a chance to own a thriving piece of Ormond Beach and you’re your restaurant dreams to life in sunny Florida.
Amazing standalone restaurant building, very clean and available in the heart of Ormond Beach (Greater Daytona Beach area). It’s ideally situated near Granada Blvd and busy US-1. The location has been a successful restaurant for over 30 years and continues to thrive today. Why have your restaurant in a hard-to-find shopping center?
Currently operating as a popular breakfast and lunch spot with strong traffic and steady business, the property offers incredible flexibility.
New owner can either continue the well-established concept or bring their own vision to this proven location.
Highlights:
• Excellent standalone building with high visibility and easy access
• 3,500 sq. ft. with room to expand, can add outdoor seating
• The building built in 2017 (8 years ago) and in excellent condition
• Long history of successful restaurant operations
• Large, illuminated sign and smaller wall sign
• Strong breakfast and lunch business already in place
• Complete furnishings, upgraded 12-foot hood system and all kitchen equipment in place
• Opportunity to purchase the building, furnishing, equipment and business with managing partner in place.
• Possible owner financing considered with 40% down – flexible terms
Amazing Opportunity - Offered at 1.25M firm
includes the building, business, equipment and furnishings
This is a rare opportunity for someone looking to expand or relocate to Florida and step into a high performing restaurant with endless possibilities property in a prime location. This is more than a property it’s a chance to own a thriving piece of Ormond Beach and you’re your restaurant dreams to life in sunny Florida.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1945/2017
Price
$1,731,137 CAD
Price Per SF
$494.61 CAD
Cap Rate
4%
NOI
$69,245 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.38 AC
Zoning
B-4
Frontage
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 4215-02-01-0312 | Improvements Assessment | $404,606 CAD |
| Land Assessment | $116,770 CAD | Total Assessment | $521,375 CAD |
PROPERTY TAXES
Parcel Number
4215-02-01-0312
Land Assessment
$116,770 CAD
Improvements Assessment
$404,606 CAD
Total Assessment
$521,375 CAD
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Presented by
Progressive Edge Group, Inc
165 N Yonge St
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