1092 S RIDGEWOOD AVE, EDGEWATER, FL, 32132
$1,350,000
Commercial Sale
Living Area
7,435 Sqft
Lot Size
66,662 Sqft
Prime Commercial Assemblage - 1.53 Acres with 264 ft Frontage on US1 Notice: This listing includes two parcels that are currently in the process of being assembled. This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive-through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick-fil-A. Additionally, it is adjacent to a municipal park, enhancing its appeal. This prime location offers unparalleled business opportunities in a bustling area. Proximity: 1 hour from Orlando International Airport 2 miles from New Smyrna Beach Property Overview: This amazing commercial property is currently operating as a mechanic shop alongside automotive sales, with mobile homes located in the back part of the property. The land offers significant potential for redevelopment and expansion of commercial usage. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded. Features: •High Traffic Area: Located at the entrance of the busy YMCA, ensuring a steady flow of potential customers. •Versatile Usage: The land can be combined to increase commercial property usage. •Potential for Development: Building a retention pond in the back to meet retention requirements and enhance property appeal. 2Community Redevelopment Area: This property is also located within the Community Redevelopment Area (CRA), which emphasizes the importance of revitalizing and enhancing the community. Being part of the CRA provides additional opportunities for incentives and support for redevelopment projects, making this property an even more attractive investment.
Property Details
Property Features Property Features
MLS ID: MFRNS1082183 Year Built: 1961
Accessibility Features: Accessible Doors Building Features: Bathrooms, Drive-Through, Dumpsters
Construction Materials: Block, Brick, Concrete, Stucco Cooling: Office Only, None
Country: US Direction Faces: East
Flooring: Concrete Foundation Details: Block, Concrete Perimeter, Other, Slab
Listing Agreement: Exclusive Agency Listing Terms: Cash, Conventional, Trade, Other
Lot Features: Central Business District, Corner Lot, Curb and Gutters, City Limits, Other, Sidewalk Occupant Type: Tenant
Other Equipment: Compressor, Dehumidifier, Fuel Tank(s), Loading Pens Other Structures: Outbuilding, Storage, Workshop
Parking Features: Parking Spaces - 19 to 30, Ground Level, RV Parking Pets Allowed: Yes - See Condo Docs
Property Sub Type: Mixed Use Property Type: Commercial Sale
Road Frontage Type: Business District, City Street, Interstate Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt Roof: Membrane, Metal, Other
Showing Requirements: 24 Hour Notice, Call Listing Agent 2, Call Before Showing, Call Listing Agent, Do Not Contact Tenants, Listing Agent Must Accompany, Other, ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
Vegetation: Mature Landscaping, Oak Trees, Wooded
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