1015 Ridgewood AVE, Edgewater, FL 32132
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1015 Ridgewood AVE, Edgewater, FL 32132
1015 Ridgewood AVE, Edgewater, FL 32132
1015 Ridgewood AVE, Edgewater, FL 32132
1015 Ridgewood AVE, Edgewater, FL 32132
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Lauren McPherson

Lauren McPherson

+1(386) 793-5112
$ 525,000
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1015 Ridgewood AVE Edgewater, FL 32132

1 Bath

1,957 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,957 sqft

Price per Sqft $268

Subdivision Not In Subdivision

MLS Listing ID 1225251

Year Built 1976

Annual Tax Amount $6,557

Lot Size 0.540 Acres

Lot Dimensions 0.54

Property Sub-Type Business

Source Daytona Beach Area Association of REALTORS®

Property Description

Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave - one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed. Measurements are approximate. Buyers and their agents must verify all information that is important to them.

Location

State FL

County Volusia

Community Not In Subdivision

Direction South on Ridgewood Ave. to address on the east side at the intersection of Turgot and S. Ridgewood Ave.

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Parking Features Attached, Parking Lot

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Concrete

Building

Lot Description Corner Lot

Water Public

Structure Type Block,Brick

Others

Senior Community No

Tax ID 7433-06-01-0010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by The Barnett Group Inc.
Nearby Locations
Lauren McPherson

Lauren McPherson

Broker | SlBK3448902

+1(386) 793-5112

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1015 Ridgewood AVE