For Sale
$899,900

856 Mason AveDaytona Beach, FL 32117

Prime Volusia County investment, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Daytona Beach, FL, commercial property portfolio presents a compelling investment opportunity. The offering encompasses three parcels totaling over 2.17 acres, featuring two buildings and a significant vacant lot. A 15,680 sq ft vacant lot, zoned BR-2, sits at the corner of Tomoka Rd and Mason Ave, ripe for development. The second parcel, spanning 1.33 acres, houses a fully occupied office building with BR-2 zoning in the front and M1 zoning in the rear. The third parcel offers approximately 6,000 sq ft of warehouse/manufacturing and office space, currently housing a sheet metal business (vacating upon sale) and two additional rental spaces, with one vacancy. This parcel has BA zoning in the front and M1 zoning in the rear. The property boasts a total of eight units across two buildings, currently occupied by six tenants generating $3,175 in gross monthly rent. Each unit has individual electric meters, with one water meter for the office building and three for the warehouse. This portfolio is ideal for an owner-user seeking immediate income and redevelopment potential, situated in a high-growth area of Volusia County with a high traffic count (19,600 AADT). The property includes multiple commercial zonings (BR-2, BA, M1), offering significant flexibility and upside potential. The APNs are 4244-01-33-0046, 5237-25-01-0080, and 5237-25-01-0010. The asking price is $899,900.

Highlights

  • Booming Volusia County, FL location.
  • Strong immediate cash flow.
  • Significant upside potential for future value appreciation.
  • Flexible zoning for diverse commercial uses.
  • High visibility with 19,600 average annual daily traffic.

Property Details for 856 Mason Ave

Property type
Retail properties, Auto shops
Buildings
2
Stories
1
Lot Size (sq. ft)
94,525 SF
Units
8

Location Insight

City
Daytona Beach
County
Volusia
State
Florida
Latitude
29.221436617031
Longitude
-81.043379774336
856 Mason Ave, Daytona Beach, Florida

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856 Mason Ave
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