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325 S Yonge St 2,704 SF 100% Leased Office Building Ormond Beach, FL 32174 $806,212 CAD ($298.16 CAD/SF)
Executive Summary
Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point. The Numbers Work From Day One. Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location. Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day. Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses
that thrive on street-level visibility.
The Asset
This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases.
Why Ormond Beach?
Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
that thrive on street-level visibility.
The Asset
This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases.
Why Ormond Beach?
Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,704 SF
Building Class
B
Year Built
1958
Price
$806,212 CAD
Price Per SF
$298.16 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,704 SF
Building FAR
0.13
Lot Size
0.46 AC
Zoning
Commercial - Commercial
Parking
14 Spaces (5.18 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4242-10-05-0280 | Improvements Assessment | $173,389 CAD |
| Land Assessment | $140,041 CAD | Total Assessment | $313,430 CAD |
Property Taxes
Parcel Number
4242-10-05-0280
Land Assessment
$140,041 CAD
Improvements Assessment
$173,389 CAD
Total Assessment
$313,430 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Kevin Purucker
325 S Yonge St
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