Downtown Investment Property - Bank Owned!
111 W. International Speedway Boulevard, Daytona Beach, Florida 32114
Sold: $320,000
Property Details
Property Type
Improved property
Building Type
Freestanding
Building Size
4,770 sqft
Land Size
2,450 sqft
Zoning
RDD-1
Year Built
1907
Parcel No:
5339-09-02-0092
Property Description
Bank Owned Downtown Investment Property.
4,770 SF two-story building on 2,450 SF lot.
Potential 9% cap rate with second floor leased.
First floor leased to Ronin Sushi and Sake Bar.
Second floor has two bathrooms and two kitchens for additional income.
Direct International Speedway Boulevard exposure.
City parking just west of the building.
Short walk to Beach Street Downtown & River Lifestyle.
Potential interior and exterior grants from City of Daytona Beach.
Approximately 4.8 miles to Interstate 95 and 1.2 miles to beaches.
Location
Contact
John W. Trost, CCIM
SVN | Alliance Commercial Real Estate Advisors