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CONTACT US: 386-405-4411
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401 N Us Highway 1, Ormond Beach, FL

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$810,262

List Status: Pending
401 N Us Highway 1
Ormond Beach, FL 32174


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Top Features
  • Built in  1978
  • Retail
Description
Introducing a prime retail investment opportunity located at 401 U.S. 1, Ormond Beach, FL. This well-maintained 7,085 SF building, featuring 4 units, is ideally positioned for discerning retail investors. Built in 1978 and tastefully renovated in 2005, the property is 100% occupied, ensuring immediate rental income. The property has a 2024 roof, rebuilt and replaced backflows, new paint and sits on a large lot with expansion possibilities. Zoned B-8 and located in vibrant Ormond Beach, this property offers a lucrative proposition for those seeking a solid retail/street retail investment. With its strong occupancy and strategic location, this property represents a compelling asset in the thriving commercial real estate market. Contact Listing agents for financial information.
Property Details
Property Features
Property Sub Type
Retail
Parking
Parking Lot
County
Volusia
Building Name
Melrose Plaza
Additional Information
Area Major
S Tomoka River, E of US1, 44 - Ormond N of 40
Area Minor
S Tomoka River, E of US1, 44 - Ormond N of 40
Bathrooms Total Decimal
0.0
Building Features Development Name
Melrose Plaza
Business Type Other37
Retail
Construction Materials Other8
Block
Contract Status Change Date
2026-04-23
Cooling Other7
Central Air
Current Use Other10
Retail
Currently Not Used Building Area Total
6725.0
Documents Change Timestamp
2026-04-08T15:29:38Z
Existing Lease Type Other38
NNN
General Property Information Directions
Corner of N US Hwy 1 and Melrose Avenue
General Property Information List PriceSqFt
120.49
General Property Information Number Of Units Total2
4
General Property Information Stories Total
1
Listing Contract Date
2026-04-07
Listing Terms Other19
Cash, Conventional
Location Tax and Legal Country
US
Location Tax and Legal Parcel Number
4240-03-11-0120
Location Tax and Legal Tax Annual Amount
10789.2
Location Tax and Legal Tax Legal Description4
LOT 11 EXC E 10 FT & LOTS 12 TO 24 INC & W 15 FT ON N/L OF LOT 25 & PART OF LOT 26 BLK 11 & INC S 1/2 VAC GREENWOOD AVE ADJ PER RB 141 PG 164 EXC PT IN HWY ORMOND TERR ANNEX PER OR 4990 PG 2601-2608 INC
Location Tax and Legal Tax Year
2025
Location Tax and Legal Zoning Description
Retail
Lot Features Other18
Corner Lot, Irregular Lot
Lot Size Area
2.47
Lot Size Square Feet
107593.2
Lot Size Units
Acres
Major Change Timestamp
2026-04-23T18:21:54Z
Major Change Type
Status Change
Mls Status
Pending
Modification Timestamp
2026-04-23T18:22:14Z
Off Market Date
2026-04-21
On Market Date
2026-04-08
Possession Other22
Close Of Escrow
Purchase Contract Date
2026-04-21
Road Frontage Type Other25
Highway
Roof Other23
Membrane, Flat Tile
Sewer Unknown
Public Sewer
StatusChangeTimestamp
2026-04-23T18:21:50Z
Unit 1 Details # Units (This Type)
1
Unit 1 Details Annual Rent
0.0
Unit 1 Details Baths Total
1
Unit 1 Details Furnished3
Unfurnished
Unit 1 Details Unit ID
401
Unit 1 Details Unit Remarks
Convenience Store
Unit 1 Details Unit SqFt
2400.0
Unit 2 Details # Units (This Type)2
1
Unit 2 Details Annual Rent2
0.0
Unit 2 Details Baths Total2
1
Unit 2 Details Furnished4
Unfurnished
Unit 2 Details Unit ID2
403
Unit 2 Details Unit Remarks2
Restaurant
Unit 2 Details Unit SqFt2
2400.0
Unit 3 Details # Units (This Type)3
2
Unit 3 Details Annual Rent3
0.0
Unit 3 Details Baths Total3
1
Unit 3 Details Furnished5
Unfurnished
Unit 3 Details Unit ID3
409
Unit 3 Details Unit Remarks3
Nail Salon
Unit 3 Details Unit SqFt3
800.0
Unit 4 Details # Units (This Type)4
1
Unit 4 Details Annual Rent4
0.0
Unit 4 Details Baths Total4
1
Unit 4 Details Furnished6
Unfurnished
Unit 4 Details Unit ID4
411
Unit 4 Details Unit Remarks4
Class Act
Unit 4 Details Unit SqFt4
840.0
Water Source Other31
Public
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Property Photos
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MLS #1225011 Listing courtesy of Coldwell Banker Commercial Benchmark provided by Daytona Beach Area Association Of REALTORS.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: Daytona Beach Area Association Of REALTORS (updated 6/7/26 3:15 AM) |

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