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$ 850,000

Est. payment -/mo

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Active

4651 S Ridgewood AVE Port Orange, FL 32127

5,100 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $166

MLS Listing ID 1214667

Year Built 1970

Annual Tax Amount $4,159

Acres 0.3

Property Sub-Type Retail

Source Daytona Beach Area Association of REALTORS®

Property Description

Investment Opportunity - National Tenant Occupied!! Secure, hassle-free income in a prime location. This well-maintained commercial property is occupied by a strong national tenant under a long-term NNN style lease with minimal landlord responsibility. The tenant covers all expenses including electric, water, garbage, rental tax, parking lot cleaning, property tax, building and wind insurance - landlord is only responsible for roof and structure maintenance. New roof was installed in 2023 ensures peace of mind for years to come. Current lease has been in place and has 7 years remaining with a 3-year option to renew. Tenant is currently paying $3,114/month. This is a turn-key investment opportunity offering steady cash flow and long term stability.

Location

State FL

County Volusia

Area 21 - Port Orange S Of Dunlawton, E Of 95

Direction South of Dunlawton Ave

Region Port Orange

City Region Port Orange

Interior

Heating Central, Electric

Cooling Central Air, Electric

Heat Source Central, Electric

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N No

Building

Lot Description Cleared

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 6303-12-00-0100

Ownership Chu Kenny Tr

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Owner Licensed RE, Presently Leased

Listed by Julie Clayton • Clayton Realty Group, LLC

Danielle Ignacio Holmes

Advisor | SLSL3380843

+1(386) 453-9951