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Wade M. Berlin

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Broker IDX Sites Inc.
The Real Estate Professional You Deserve
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15 Hargrove Lane 5l
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PRICED AT ONLY: $215,000

Address: 15 Hargrove Lane 5l, PALM COAST, FL 32137

Description

Imagine the possibilities: perfect for a growing small business, an owner user looking for a permanent home, or a savvy investor seeking excellent rental income potential. Benefit from assigned parking and the vibrant business community around you, including auto mechanics, screened enclosure installers, painters, HVAC companies, pool supply businesses, and bakers. Don't miss this rare opportunity to secure a low maintenance, income producing asset in a well maintained complex. This is more than just a property; it's a strategic investment in your business's success. Located in the heart of Palm Coast's thriving commercial corridor, this light industrial unit offers the ideal blend of functionality and location. This is a real estate listing for the sale of two commercial units, 5K and 5L, located in Palm Coast, Florida. The seller is offering both units together for a total of $430,000. The units combined highlight 2,000 square foot space, plus a dedicated 400 sq. ft. office with 2 private bathroom, 12 foot overhead door for a seamless access and new wall A/C ! It is presented as a low maintenance, income producing property with a monthly HOA fee of $315 per unit and an average rental income of $1,500 per unit. The listing emphasizes the property's prime location within the commercial and industrial corridor of Palm Coast. Property details: Two units (5K and 5L) combined for a total of 2,000 sq ft Asking price: $430,000 Monthly HOA fee: $315 per unit ($941 quarterly) Average rental income: $1,500 per unit Location: Palm Coast, Florida, within a commercial and industrial corridor Assigned Parking: Convenient assigned parking spaces are included. Established Location: Situated in a well maintained complex, the property offers excellent visibility and access to major roadways. Thriving Network: Join a community of established businesses, including mechanics, painters, and HVAC companies, for valuable networking opportunities. Low Fees: The monthly HOA fee is $315 per unit, making it a cost effective investment. Versatile Space: The combined 2,000 sq. ft. offers flexibility for a wide range of business uses, including a combination of office, shop, and storage space. Functional Layout: The units include a total of 1,600 sq. ft. of shop area and 400 sq. ft. of office space, which features private bathrooms and a new wall A/C unit in one office. Easy Access: A 12 foot overhead door provides simple access for deliveries, equipment, and vehicles. Income Potential: This low maintenance property has strong rental income potential, with an average rental income of $1,500 per unit. Assigned Parking: Convenient assigned parking spaces are included.
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  • MLS#: FC313581 ( Commercial Sale )
  • Street Address: 15 Hargrove Lane 5l
  • Viewed: 15
  • Price: $215,000
  • Price sqft: $215
  • Waterfront: No
  • Year Built: 2006
  • Bldg sqft: 1000
  • Days On Market: 14
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 1000.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Wall/Window Unit(s)
  • Pets Allowed: No
  • Road Frontage Type: Business District, City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Association Name: Watson Association MAnagement
  • Association Phone: 386-246-9274
  • Country: US
  • Legal Description: PALM COAST COMMERCIAL & INDUSTRIAL CENTER CONDO PHASE 1 UNIT 5L & UNDIVIDED INTEREST IN COMMON ELEMNETS OR 1548/702 OR 1862/1949 OR 1883/622 OR 2159/517
  • Area Major: 32137 - Palm Coast
  • Parcel Number: 16-11-30-4915-00010-05L0
  • Unit Number: 5L
  • Views: 15
  • Zoning Code: IND-2

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin