Mason Ave Center
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Mason Ave Center
3 Properties Offered at $899,900 in Daytona Beach, FL
Investment Highlights
- High Traffic Count with 19,600 AADT
- High Growth Area
- Proximity to Downtown
- Multiple Zoning Opportunities
- Easy Freeway Access
- Three Individual Parcel ID's
Executive Summary
Fantastic investment opportunity in Daytona Beach, Fl. This offering includes three parcels totaling over 2 acres with two buildings. There is a 15,680 sqft vacant lot on the corner of Tomoka Rd and Mason Ave with BR-2 zoning ready for development. The second parcel consists of a fully occupied office building situated on 1.33 acres with BR-2 zoning in the front and M1 zoning in the rear portion. The third parcel offers nearly 6,000 sqft of warehouse/manufacturing and office space. The building currently houses a sheet metal business in the main area and has two additional rental spaces, with just one vacancy. This parcel has two zoning classifications including BA in front and M1 in the rear portion of the property.
This package is perfect for a steady income stream, owner user, or redevelopment. Currently there are six tenants paying a total of $3,175 per month gross rent. The owner runs their personal business out of the sheet metal shop. Every unit has individual electric meters with one water meter on office building and three water meters on the warehouse building. The sheet metal business will be vacating upon sale.
BR-2 Zoning: Business Retail
This package is perfect for a steady income stream, owner user, or redevelopment. Currently there are six tenants paying a total of $3,175 per month gross rent. The owner runs their personal business out of the sheet metal shop. Every unit has individual electric meters with one water meter on office building and three water meters on the warehouse building. The sheet metal business will be vacating upon sale.
BR-2 Zoning: Business Retail
Taxes & Operating Expenses (Actual - 2023) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
-
|
| Total Expenses |
$99,999
|
| Net Operating Income |
-
|
Taxes & Operating Expenses (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | - |
Property Facts
| Price | $899,900 | Number of Properties | 3 |
| Price / SF | $108.27 / SF | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 8,312 SF |
| Status | Active | Total Land Area | 2.17 AC |
| Price | $899,900 |
| Price / SF | $108.27 / SF |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 8,312 SF |
| Total Land Area | 2.17 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 856 Mason Ave, Daytona Beach, FL 32117 | Retail | 5,556 SF | 1970 | - |
| 854-866 Mason Ave, Daytona Beach, FL 32117 | Office | 2,756 SF | 1947 | - |
| 00 Mason Ave, Daytona Beach, FL 32117 | Land | 0.36 AC | - | - |
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