5993 S RIDGEWOOD AVE, PORT ORANGE, FL, 32127
$3,500,000
Commercial Sale
Living Area
7,784 Sqft
Lot Size
50,785 Sqft
NOW THIS IS A HIDDEN TREASURE!! (; Located in a prime, high-traffic area off of U.S. 1 (approx 3,200 cars per hour) this commercial waterfront property, known as "Hidden Treasure" -- offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1.17 acres of land plus an additional 1+ acre of water access leased through DEP. In addition, 3 well-maintained buildings, each designed to accommodate a range of business operations, from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place.) This piece of real estate can accommodate up to 325 people at once! Alongside the buildings, there are 3 spacious docks and seawall with 16 boat slip(s) and power/water ... perfect for boat traffic, water sports rentals, or any maritime-based ventures. Imagine a second level ... or rooftop ... Imagine a fuel station for local boaters ... Imagine monthly rentals for boat slips ... THE ROI IS LIMITLESS WITH THIS OPPORTUNITY! With an ample parking lot and 95 parking spots, the property can easily accommodate high customer volumes, ensuring smooth operations year-round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility, making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water. The ample space allows for potential expansion or diversification, providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular Tiki Bar and Grille, a well-established hotspot for locals and tourists alike, offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid-back vibe, the Tiki Bar is a favorite spot to unwind, making it a lucrative business on its own. Additionally, the property also features a successful watercraft/jet ski rental business, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location. Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime Rose Bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait ... CALL TODAY FOR MORE INFO! ALL INFORMATION DEEMED TO BE TRUE BUT NOT GURANTEED.
Property Details
Property Features Property Features
MLS ID: MFRV4941625 Year Built: 1949
Accessibility Features: Accessible Doors, Accessible Entrance, Accessible Hallway(s) Building Features: Bathrooms, Dumpsters, Loading Dock, Outside Storage, Ramp, Seating, Service Stations, Solid Surface Counter
Construction Materials: Block, Concrete, Stucco Cooling: Other
Country: US Direction Faces: South
Electric: Separate Meters Flooring: Concrete, Other, Tile
Foundation Details: Block, Pillar/Post/Pier, Slab Heating: Central, Wall Units / Window Unit, Zoned
Levels: Two Listing Agreement: Exclusive Right To Sell
Listing Terms: Cash, Conventional, Owner Financing Lot Features: Corner Lot, City Limits, Near Public Transit, Oversized Lot, Sidewalk, Paved, Waterfront
Occupant Type: Tenant Other Structures: Outbuilding, Storage
Parking Features: Ground Level, Lighted, Other, Over 30 Spaces Possession: Close Of Escrow
Property Sub Type: Restaurant Property Type: Commercial Sale
Road Frontage Type: City Street, Divided Highway, Highway, Main Throrughfare, State Road, Turn Lanes Road Responsibility: Public Maintained Road
Road Surface Type: Asphalt, Dirt Roof: Concrete, Metal
Sewer: Public Sewer Showing Requirements: Call Listing Agent, No Lockbox, Other, See Remarks, ShowingTime
Special Listing Conditions: None Standard Status: Active
State Or Province: FL Utilities: Electricity Available, Public, Water Connected
Vegetation: Trees/Landscaped Water Source: Public
Waterfront Features: Bay/Harbor, Canal - Saltwater
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