About 123 W Rhode Island Avenue
Exceptional opportunity to acquire a 2.25-acre commercial campus in the heart of Orange City. The property features four buildings totaling approximately 6,060 SF and offers a rare combination of investment income and owner-user flexibility. Currently generating approximately $9,200 month in rental income, with one tenant's lease nearing expiration, creating the opportunity for an owner-occupant to immediately utilize the front two buildings totaling approximately 2,500 SF while continuing to collect income from the remaining tenants. The property offers ample parking, excellent visibility, and convenient access to major thoroughfares including Volusia Avenue (US 17-92). Ideal for professional offices, medical, educational, religious, nonprofit, training facilities, or a variety of commercial uses. The expansive 2.25-acre site also provides room for future expansion and redevelopment opportunities. A unique chance to secure an income-producing asset with immediate upside and owner-user potential.
Features of 123 W Rhode Island Avenue
| MLS® # | O6414974 |
|---|---|
| Price | $1,350,000 |
| Square Footage | 6,020 |
| Acres | 2.50 |
| Year Built | 1967 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Listing Details
| Office | PRIMEFIT PROPERTIES LLC |
|---|
Listing Map
Neighborhood Information for 123 W Rhode Island Avenue
Growing Population, Low Residential Turnover, Coastal Area
Statistics
Number of Listings
Population Age
Home Listings Prices
Nearby Schools
| Great Schools | School Name | Distance | |
|---|---|---|---|
|
University High School Public - 9Th Grade to 12Th Grade - Closest High School |
0 Miles | |
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Manatee Cove Elementary School Public - Kindergarten to 5Th Grade - Closest Elementry School |
0 Miles | |
|
|
River Springs Middle School Public - 6Th Grade to 8Th Grade - Closest Middle School |
1 Miles | |
|
Orange City Elementary School Public - Kindergarten to 5Th Grade |
1 Miles | |
|
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The Reading Edge Academy Public - Kindergarten to 5Th Grade |
3 Miles | |
|
Trinity Christian Academy Private - Kindergarten to 12Th Grade |
3 Miles | |
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|
Deltona Christian Academy Private - Kindergarten to 12Th Grade |
3 Miles |
School data provided by GreatSchools