Great opportunity to own a 0.55 parcel zoned B-5 Service Commercial Zoning District in Ormond Beach, with 3 structures and a billboard located on the property. The warehouse/garage building is 1,600 sq ft and is located on the far right side of the property. There is a concrete block single family home to the rear of the property and a mobile single family home in the middle of the property. Both single family homes have had long term tenants renting on a month to month basis. Both single family homes will be ready for immediate occupancy by closing. The billboard has a long term lease with a major local billboard company from 2006-2026 at $485/month + 25% of gross income (averaging $100-$150 additional per month). This property has 4 potential revenue streams on it! B-5 Service Commercial Zoning allows for the following permitted uses: adult day care centers, assisted living, business & professional office, business service, convenience store, financing institution, funder home, retail sales, and warehouse storage business. Buyers to verify all facts. This property is offered in AS IS condition and will not last long!
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