325 S Yonge Street, Ormond Beach, FL 32174
sale
$585,000
|
Other
Courtesy Of Oceans Luxury Realty Full Service LLC
Turn-Key Investment Opportunity - Seize this rare, income-producing asset positioned on one of Volusia County's most coveted commercial corridors. This fully leased, multi-tenant retail/office building delivers an immediate 8% cap rate -- a compelling return in today's market that's hard to find at this price point. The Numbers Work From Day One. Both units are tenant-occupied and generating steady cash flow, making this an effortless addition to any investment portfolio. No lease-up risk. No vacancy headaches. Just consistent, stabilized income in a high-visibility, high-traffic location. Prime US-1 Frontage | 21,000-23,000 Vehicles Per Day. Situated directly on US Highway 1 at the signalized intersection of Division Avenue, this property commands exceptional exposure with over 21,000 average daily vehicle passes. US-1 is the economic spine of Ormond Beach -- a corridor that attracts service tenants, professional offices, and retail businesses that thrive on street-level visibility. The Asset This well-maintained, concrete block building features two distinct tenant suites with independent entrances, ample on-site parking, and a clean, updated aesthetic that attracts quality tenants. Current tenants include a State Farm insurance office and a neighboring retail/service suite -- the kind of recession-resistant, service-based businesses that sign and renew leases. Why Ormond Beach? Ormond Beach is experiencing sustained population growth as part of the Daytona Beach MSA, with strong demand for neighborhood-serving commercial space. B-5 Service Commercial zoning allows a wide range of uses, giving future investors maximum flexibility for repositioning, re-tenanting, or long-term hold strategy.
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Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Cable Ready
- Amenities: Disabled Access
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Concrete
- Exterior Type: Block
- Exterior Type: Stucco
- Floor Covering: Vinyl
- Floor Covering: Carpet
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: LOTS 28 TO 31 INC EXC RD & EXC TR FOR R/W IN LOT 31 MEAS 20 FT ON N/L & MEAS 28.43 FT ON E/L BLK 5 RIO VISTA GARDENS MB 9 PGS 37-38 INC LOTS 1 & 2 BLK 2 BOSTROMS SUB HAND TRACT MB 2 PG 153 EXC E 90 FT THEREOF PER OR 4808 PGS 2366-2367 PER OR 6224 PGS 0035
- MLSID: 1224442
- Rooms: Bathroom 2
- Rooms: Bathroom 1
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