302 Center StPierson, FL 32180
- Industrial properties
- 1,176 SF
Property Details for 302 Center St
- Year built
- 1984
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.23 AC
- Property size (Sq ft)
- 1,176 SF
- Property type
- Industrial properties
- Property subtype
- Manufacturing properties
- APN
- 4834-04-00-0580
- APU
- 483404000580
Description
This exceptional investment opportunity presents a thriving dual-purpose commercial property located at 302 S Center Street, Pierson, Florida. The property encompasses 2,630 square feet on a 1.23-acre lot and boasts a successful restaurant and a 24/7 self-service laundromat, ensuring consistent revenue streams. The restaurant, operating Monday-Friday from 8 AM to 8 PM, offers indoor seating for 40 and an enclosed patio for 12 additional guests. Its prime location on a busy highway attracts a steady flow of local customers and travelers. The laundromat features 18 washers and 15 dryers, with all but two units replaced four years ago. A new hot water heater was also installed four years ago. Its 24/7 operation provides a reliable income stream, serving residents of Pierson, neighboring towns, and travelers. The property benefits from its strategic location, just 20 minutes north of Deland and 30 minutes from both Ormond Beach and Ocala. Furthermore, the area is experiencing significant growth, with a large Bass Pro Shops resort under construction 20 minutes away and a new Dunkin' Donuts being built just 5 minutes south in Barberville. This development promises increased traffic and customer base, presenting significant potential for future expansion and increased profitability. This turnkey operation is ideal for both seasoned entrepreneurs and first-time business owners seeking a stable and rapidly appreciating asset in a high-growth area.
Valuation
by PT Realty methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $229,128
- Hospitality
- $209,880
- Educational
- $174,618
- Medical
- $180,623
- Retail
- $271,628
Location Insight
- City
- Pierson
- County
- Volusia
- State
- Florida
- Latitude
- 29.2313
- Longitude
- -81.4629
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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