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$139,000
Boulevard 01 Condo SubDv. ⋅ 32174 Zip Code
Income-producing executive office condominium with immediate cash flow and value-add potential! Renovated 784 SF office condo featuring three private suites, reception/waiting area, kitchenette, private restroom, keypad entry, and ample common parking. Two suites are leased with an existing shared occupancy arrangement generating additional rental income. Pursuant to the current lease, the shared tenant has the option to lease the entire suite at a higher rental rate upon transfer of ownership, providing built-in upside. Current gross annual income is approximately $22,880 with potential gross income of approximately $31,720 when fully leased. HOA includes roof, exterior maintenance, landscaping, parking, water, sewer, trash, and building insurance. Excellent Granada Blvd. location with approximately 35,000 AADT. Ideal investment or owner-user opportunity for medical, wellness, counseling, legal, insurance, accounting, or professional office use.

555 W Granada Boulevard Unit B7, Ormond Beach
$139,000
Boulevard 01 Condo SubDv. ⋅ 32174 Zip Code
Income-Producing Commercial Office Condominium with Immediate Value-Add Potential! This professionally designed 784± SF executive office condo features three private suites, a welcoming reception area, private restroom, kitchenette, new flooring, and keypad entry. Two suites are currently leased under gross weekly rental agreements, providing immediate cash flow, while the owner's suite will be available upon closing, offering the opportunity to increase rental income or occupy the space for your own business. Located along the highly traveled Granada Blvd. corridor (approximately 35,000 AADT), the property offers excellent visibility, ample common parking, and Commercial Office zoning supporting a variety of professional uses including medical, aesthetics, massage therapy, counseling, chiropractic, insurance, legal, and financial services. HOA includes exterior maintenance, roof, water, sewer, trash, landscaping, parking, and building insurance. Offering Memorandum available upon request.

555 W Granada Boulevard Unit B7, Ormond Beach