5310 S RIDGEWOOD AVE, PORT ORANGE, FL, 32127
$489,000
Commercial Sale
Living Area
2,478 Sqft
Lot Size
15,750 Sqft
Property is located within the Ridgewood Development District, which is designed to encourage the development and redevelopment of the Ridgewood Avenue corridor. It is intended to accommodate a mixture of office, commercial, warehouse/storage, and limited industrial uses. please see attached list of permitted uses. The property is currently leased as 3 apartments plus a large storage yard that has an RV pad with full water, electric, and sewer hookups. Commercial Zoning, Approved for Mixed-Use Including Hotel/Motel, Retail, Apartments, Storage, and Residential. Apt 1, featuring 1 bed/1 bath, is currently leased at $995. Apt 2, offering the same layout, commands $950/month. Apt 3, boasting 2 beds/2 baths is leased at $1,595 monthly. Storage yard was leased at $700 per month. Landlord pays water and tenants pay electric.
Property Details
Property Features Property Features
MLS ID: MFRO6275825 Year Built: 1950
Construction Materials: Block, Stucco Cooling: Central Air, Wall/Window Unit(s)
Country: US Foundation Details: Slab
Listing Agreement: Exclusive Right To Sell Listing Terms: Cash, Conventional
Property Sub Type: Hotel/Motel Property Type: Commercial Sale
Road Frontage Type: Highway, Main Throrughfare, State Road, Turn Lanes Road Surface Type: Asphalt
Showing Requirements: ShowingTime Special Listing Conditions: None
Standard Status: Active State Or Province: FL
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