2220 Hibiscus Drive

Edgewater, FL 32141

This property is for THE COMBINED SALE offering of 2220 Hibiscus AND 2030 Hibiscus Drive (NS1081787) Edgewater, Florida at a TOTAL SALES PRICE OF $2.4875M. There are a total of 64 rental units on these TWO well maintained properties located within a 1/4 mile of each other in the Commercial District of Edgewater. FL It's a unique combination of a glass-front office building and a storage facility, catering to a variety of business needs. The 9 unit office building features large roll-up back doors designed for storage purposes, providing flexibility for businesses requiring both office space and storage solutions. The 40 ft deep retail spaces within the building are currently utilized effectively in many ways, offering a range of opportunities with street visibility for different types of businesses. Each unit in the building is separately metered, allowing tenants to pay their own utilities, helping to streamline the operational costs. Adding to the property's appeal is the rear building, which provides 2, 000 square feet of storage space divided into 15 units. This additional storage capacity enhances the property's value and rental potential, offering secure and accessible storage solutions. With three 10 x 10 units, seven 10 x 20 units, and an additional four 5 x 8 unit, tenants have a selection of storage spaces to choose from based on their requirements. This variation in sizes not only accommodates different storage needs but also enhances the property's rental potential by appealing to a broader market of potential tenants. Ensuring the security and peace of mind of tenants is a top priority at this property. The storage units are located within a fenced and gated area, adding an extra layer of safety and protection for stored belongings. The roll-up doors further streamline the moving-in and moving-out process, making it hassle-free for tenants to access their storage space. Seize the opportunity to own a property that not only combines office and storage facilities but also offers a highly functional and diverse storage solution with ease of access and maximizes rental income potential. This property is poised to be a valuable asset in the commercial real estate market.

Listing courtesy of COLLADO REAL ESTATE 386-427-0002



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Data last updated at: 2024-07-04 02:00 PM EDT