
One or more photo(s) has been virtually staged. Prime mixed-use opportunity offering immediate income and long-term upside. The ground floor features a 1,866 SF retail space currently leased at $2,500/month, providing stable cash flow. Upstairs, a 1,200 SF residential unit is operating as a high-performing Airbnb, averaging $4,000/month in income. This asset produces an estimated NOI of $78,000 annually with a 7.6 cap rate, making it an attractive option for investors seeking versatility. other ...One or more photo(s) has been virtually staged. Prime mixed-use opportunity offering immediate income and long-term upside. The ground floor features a 1,866 SF retail space currently leased at $2,500/month, providing stable cash flow. Upstairs, a 1,200 SF residential unit is operating as a high-performing Airbnb, averaging $4,000/month in income. This asset produces an estimated NOI of $78,000 annually with a 7.6 cap rate, making it an attractive option for investors seeking versatility. other Parcels may be included for an addition two retail storefronts with a total of 12,777 sqft. and turnkey flexability. Investment highlightsGrowing Redevelopment CorridorLocated in an area experiencing ongoing investment, redevelopment, and increasing commercial demand.Immediate Cash FlowIncome-producing asset featuring a leased 1,866 SF retail space at $2,500/month and an upstairs Airbnb unit averaging approximately $4,000/month.Strong Investor ReturnsEstimated NOI of approximately $78,000 annually with a 7.6 cap rate and long-term upside potential.Flexible PotentialPermitted uses include retail, restaurants, medical offices, professional offices, entertainment venues, service establishments, banks, galleries, and recreational facilities.
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Agency Name: ROY & COMPANY
Agency Contact: 386-516-3122
Agent Name: Christopher Roy
Presented by
Agency Title: The Keyes Company
Agency Phone:
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2016 S Atlantic Avenue, Daytona Beach, FL 32118.
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