143 E Michigan Ave , ORANGE CITY, FL 32763
ORANGE CITY, FL 32763
Description
*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.
Details
| MLS# | FC305779 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | For-sale |
| Status | Active |
| Year | 1952 |
| Days On Site | 32 |
| Listing Provided By | BETTER HMS & GARDENS RE SYNERG | Jeanette Parker |
Features
| SQ Feet | 1,050 |
|---|---|
| Story(s) | 1 |
| Zoning | 01B4 |
| Acreage | 0.43 |
Market Activity 32763
Listings courtesy of Stellar MLS as distributed by MLS GRID.Based on information submitted to the MLS GRID as of January 13, 2025 at 11:26:57 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
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Learn More About This Property
| State | FL |
|---|---|
| County | Volusia |
| City | ORANGE CITY |
| Zip Code | 32763 |
| Area | 32763 Orange City |
| Community Name | VOLUSIA GARDENS |
| Listing VS Median (in VOLUSIA GARDENS) | |
Price: $650,000 low | high Med: $650,000 SqFt: 1,050 low | high Med: 1,050 $ / SqFt: $619 low | high Med: $619 On Site: 32 low | high Med: 32.000000 | |