Price Reduction
Address
1420 Mason AVENUE, DAYTONA BEACH, FL
Price
$ 1,225,000
Property Attributes
  • MLS#O6174418
  • TypeCommercial
  • CountyVOLUSIA
  • CityDAYTONA BEACH
  • AreaDaytona Beach
  • NeighborhoodMason Ave
  • Zip32117
  • StyleRetail
  • Year Built1987
  • Taxes$ 11102
  • Price$ 1,225,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7492
  • Lot Size0.67 Acres
Data Source:
Stellar MLS
Property Description

BIG PRICE REDUCTION! 100% Leased Up investment property on a main road with long-term high quality tenants. Hard to find multi-tenant commercial building with one year leases for maximum flexibility. Below market rents for value-added opportunity. Two storefronts - state funded school occupies approximately 5,500 sq ft with the other space occupied by a drug testing lab. School has been leasing since 2006 and the testing facility has been leasing since 2014. 2023 - new electric panels. 2022 - roof resealed. 2017 - 2020 - a/c units replaced. Brick exterior for easy maintenance. Well located on major commercial connector within minutes of I-95, I-4, US 92, and LPGA Blvd interchange, near the Daytona International Airport, the Speedway, and Halifax Health Hospital. Large sign and left hand turn lane for easy access. New Assisted Living Center proposed for site across the street, and lots of medical office users in the area. No sign. Please do not disturb the tenants.

Price History
1/29/2024 Listed $1,300,000
4/18/2024 6% - $1,225,000

General Features

Cooling Central Air
Roof Membrane
Zoning 02T4
Construction Materials Brick
Year Built 1987
Property SubType Retail
Tax Year 2023
Percent Ownership Other
County Volusia
New Construction No
Property Type Commercial Sale
Subdivision Name MASON AVE
Status Active
Directions 1-95 to east on Speedway International Blvd exit,left on N Clyde Morris Blvd,left on Mason Ave,property on the right.
City DAYTONA BEACH
Buyer Agent Compensation 2.5%
MLS Area 32117 - Daytona Beach
Lot Size Square Feet 29000
Waterfront Y/N No
Street Name Mason
Tax Annual Amount 11102
Public Remarks BIG PRICE REDUCTION! 100% Leased Up investment property on a main road with long-term high quality tenants. Hard to find multi-tenant commercial building with one year leases for maximum flexibility
Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6174418
Days on Market 79
Standard Status Active
Tax Lot 4
Legal Description LOT 4 MASON AVE SUB MB 38 PG 12 PER OR 3702 PG 1764 PER OR 5345 PG 3319 PER OR 5965 PG 0686
Water Access Y/N No
Water View Y/N No

Interior Features

Air Conditioning Y/N Yes
Street Suffix AVENUE
LivingAreaSource Public Records
Living Area Units Square Feet

Exterior Features

Lot Size Area 29000
Foundation Details Slab
Number of Buildings 1
Building Area Total 7530
Lot Dimensions IRR
Lot Size Acres 0.67
Road Surface Type Asphalt
Lot Size Units Square Feet
Road Frontage Type Main Throrughfare,Turn Lanes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32117

Price
AVG $420K
$1.23M
Taxes
AVG $6,633
$11,102
Visits
AVG 118
119
Data Provided by Inside Real Estate®
Year Built
AVG 1983
1987

Areas We Cover