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Sherry Shaheen

sherry.shaheen@engelvoelkers.com +1(352) 455-0712

$ 1,350,000

Est. payment -/mo

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Active

123 W RHODE ISLAND AVE Orange City, FL 32763

6,020 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,020 sqft

Price per Sqft $224

Subdivision Orange City

MLS Listing ID O6414974

HOA Y/N No

Year Built 1967

Annual Tax Amount $3,508

Lot Size 2.500 Acres

Acres 2.5

Property Sub-Type Mixed Use

Source Stellar MLS

Property Description

SELLER FINANCING AVAILABLE! Rare opportunity to acquire an income-producing commercial campus in Orange City with attractive financing terms. Situated on approximately 2.25 acres, this unique property features four buildings totaling approximately 6,060 SF and generates approximately $10,000 in monthly rental income. Currently occupied by educational tenants, the property offers an established income stream with potential for future rental growth and long-term investment value. Recent improvements include electrical and plumbing updates, along with an extensive solar panel system designed to reduce operating expenses. The multi-building layout provides flexibility for investors and potential future owner-users, subject to existing leases and applicable approvals.

Location

State FL

County Volusia

Community Orange City

Area 32763 - Orange City

Zoning R-4

Interior

Heating Central

Cooling Central Air, Mini-Split Unit(s)

Flooring Ceramic Tile, Laminate

Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer

Exterior

Utilities Available BB/HS Internet Capable, Electricity Available, Phone Available, Public, Water Connected

View Y/N No

Water Access No

Roof Type Shingle

Building

Lot Description City Limits, Landscaped, Wooded

Story 1

Foundation Slab

Lot Size Range 2 to less than 5

Sewer Public Sewer, Septic Tank

Water None

Structure Type Block,Stucco

New Construction false

Others

Ownership Fee Simple

Acceptable Financing Cash, Commercial Financing

Listing Terms Cash, Commercial Financing

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=dYHGxLwcJsi&mls=1

Listed by Nick Vaseloff PRIMEFIT PROPERTIES LLC

NEARBY SCHOOLS & PROPERTIES

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

Sherry Shaheen

Real Estate Advisor License ID: SL3517451

+1(352) 455-0712

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