454 Yonge StOrmond Beach, FL 32174

This exceptional two-story, 16,834-square-foot office building presents a compelling investment opportunity in Ormond Beach, Florida. Built in 1985 and extensively renovated in 2022 (75% interior renovation), this Class B property boasts a prime location just minutes from I-95, offering convenient access and high visibility. The building sits on a 1.58-acre lot (APN 424210030200) and is zoned B-5. Currently housing six tenants, the building offers three remaining vacant spaces totaling approximately 3,500 square feet, presenting a significant opportunity to increase rental income. Two of these spaces, located on the second floor, can be combined to accommodate a larger tenant. The asking price is $1,850,000, translating to $109.90 per square foot—significantly below current construction costs. The property features ample parking and a prominent monument sign showcasing its tenants. This multi-tenant building is ideal for both cash-flow investors seeking a stabilized asset and owner-occupiers looking to combine occupancy with rental income generation. The potential annual rental income from the three vacant spaces is estimated at $51,900. This is a rare opportunity to acquire a renovated, well-located office building in a thriving market.