1015 S RIDGEWOOD AVE, EDGEWATER, FL, 32132
$525,000
Commercial Sale
|
Living Area
1,957 Sqft
|
Lot Size
23,900 Sqft
|
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.
Property Details
| Property Features | Property Features | |||
|---|---|---|---|---|
| MLS ID: | MFRNS1087926 | Year Built: | 1976 | |
| Construction Materials: | Brick, Concrete | Cooling: | Central Air | |
| Country: | US | County Or Parish: | Volusia | |
| Direction Faces: | West | Flooring: | Tile | |
| Foundation Details: | Slab | Heating: | Central, Electric | |
| Listing Agreement: | Exclusive Right To Sell | Lot Features: | Central Business District, Corner Lot, Oversized Lot | |
| Occupant Type: | Tenant | Parking Features: | Ground Level | |
| Possession: | Close Of Escrow | Property Condition: | Completed | |
| Property Sub Type: | Restaurant | Property Type: | Commercial Sale | |
| Road Frontage Type: | Business District, City Street, Divided Highway, Turn Lanes | Road Responsibility: | Public Maintained Road | |
| Road Surface Type: | Asphalt | Sewer: | Public Sewer | |
| Showing Requirements: | Appointment Only | Special Listing Conditions: | None | |
| Standard Status: | Active | State Or Province: | FL | |
| Water Source: | Public | |||
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