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143 E MICHIGAN AVENUE
ORANGE CITY FL 32763 US

$650,000

Active Listing ID FC305779
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Lot: 0.43 Acres
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Industrial

$650,000

Active Listing ID FC305779
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143 E MICHIGAN AVENUE *Prime Investment Opportunity: Auto Mechanic Shop with Residential Rental Income** Unlock the potential of this versatile commercial property, perfect for savvy investors seeking a well-rounded portfolio addition. Located in a high-visibility area, this property offers a unique combination of income streams and flexibility for future growth. **Key Features:** - **Six-Bay Auto Mechanic Shop:** This spacious and fully equipped auto shop is ready for immediate use. The facility includes: - **Six car lifts** for handling a variety of vehicles - **Air compressor** for pneumatic tools - **Tire changer** to meet all tire service needs - **Waste coolant tank** for environmental compliance - Dedicated **storage space** for tools, parts, and supplies Whether you lease it to a business or operate it yourself, this setup offers significant income potential in a service-oriented industry. Note: the sale does not include the existing business currently operating in the space. - **Single-Family Residential Unit:** A fully renovated, modern, and turn-key 3-bedroom, 2-bath home on the premises is currently leased, providing stable rental income. Thoughtfully updated with contemporary finishes and high-quality materials, the residential unit is a desirable living space, ensuring consistent tenant demand and premium rental rates. **Leasing Information:** Both the auto mechanic shop and the residential unit are currently leased on a **month-to-month basis**, offering flexibility for potential buyers to renegotiate terms or transition to new tenants as desired. **Highlights:** - High-traffic location with excellent visibility and accessibility - Ample parking space for customers and tenants - Well-maintained building and facilities - Separate utility meters for ease of management - Strong potential for steady cash flow from both commercial and residential units Whether you’re an experienced investor or looking to diversify your portfolio, this property offers a rare combination of commercial utility and residential rental income. With a modern, turn-key residential unit, top-tier auto shop equipment, and flexible leasing terms, this is an opportunity you don’t want to miss. Note: This listing is being sold together with FC 305774, APN: 17-30-33-04-00-0770, for a total purchase price of $650, 000.00.

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Property Features

  • Facts
  • Lot Size: 0.43 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Industrial
  • Features
  • Floor Covering: Concrete, Vinyl

Property

  • propertytype: Commercial Sale
  • propertysubtype: Industrial
  • listprice: 650000
  • unparsedaddress: 143 E MICHIGAN AVENUE
  • postalcity: ORANGE CITY
  • stateorprovince: FL
  • country: US
  • postalcode: 32763
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.43
  • lotsizeunits: Acres
  • lotsizearea: 0.43
  • livingarea: 1050
  • livingareaunits: Square Feet
  • latitude: 28.970928
  • longitude: -81.297638
  • listagentfullname: Jeanette Parker
  • listagentemail: jeanette@bhgsynergy.com
  • listagentkey: 3yd-MFRMLSFL-256502792
  • listagentmlsid: 256502792
  • listagentpreferredphone: 7034736699
  • listagentofficephone: 3863383939
  • listofficekey: 3yd-MFRMLSFL-256500573
  • listagentstatelicense: 3393218
  • listofficemlsid: 256500573
  • disclaimer: Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MFRMLSFL
  • yearbuilt: 1952
  • listingcontractdate: 2024-12-12
  • listagenturl: http://www.palmcoastsearch.com
  • countyorparish: Volusia
  • parcelnumber: 17-30-33-04-00-0740
  • constructionmaterials: Frame, Metal Siding
  • flooring: Concrete, Vinyl
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -81.29764, 28.970928
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Flagler Coastal Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jeanette@bhgsynergy.com", "ListBrokerageCity":"Flagler Beach", "ListBrokerageCountry":"US", "ListBrokerageEmail":"caputo@flaglercoastalproperties.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1915/308153/20150602140539798.png", "ListBrokerageName":"Flagler Coastal Properties", "ListBrokeragePhone":"(386) 333-6600", "ListBrokeragePostalCode":"32136", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"412 Beach Village Drive", "ListBrokerageWebsiteUrl":"http://www.palmcoastsearch.com", "ListOfficeAddress1":"412 Beach Village Dr", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Flagler Beach", "ListOfficeCountry":"US", "ListOfficeEmail":"kendall@bhgsynergy.com", "ListOfficePostalCode":"32136", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Industrial - ORANGE CITY, FL", "ListingURL":"https://listings.listhub.net/pages/MFRMLSFL/FC305779/?channel=rexren", "MLSModificationTimestamp":"2024-12-13T17:48:12Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":973.43, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/14/2024 12:04:09 AM GMT
Source Updated Date: 12/17/2024 6:42:50 AM GMT

Courtesy of: Jeanette Parker, BETTER HMS & GARDENS RE SYNERG, jeanette@bhgsynergy.com

Copyright © 2024 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.