MLS® ID: O5726417
NEW SMYRNA BEACH, Florida, 32168 $637,000
Bank-owned REO “prime business location” on SR 44 maintaining a “B4C” zoning classification, which allows for many types of uses from restaurants, bars, salons, professional offices, general retail and more. This property has just completed a full environmental remediation project that is now awaiting a letter of “NO FURTHER ACTION” from the Florida Department of Environmental Protection (Orange and Alachua Counties) expected by September of 2019. Bank possesses all documentation and records from the initial SSAR reporting to the environmental contractor’s letter to the FDEP recommending the no further action on the property with the latest groundwater testing results. This building has had all of the underground storage tanks and piping removed with a formal tank closure report filed with the State of Florida and letter of acknowledgement received from the FDEP. The property in its entirety consists of a +/- .77 acre site right on SR 44 possessing good situs with a median cut directly in front of the property allowing for good ingress and egress and with ample parking for customers right on site. The building itself is free-standing and encompasses +/- 3,526 SF of concrete floor space with a new roof installed as of January 2017 by AWS Roofing. The building is constructed of painted concrete block with fixed pane storefront glass windows and aluminum shutters. The interior space of the subject is now readily staged for improvement and modifications to suit any prospect.