$385,900

101 S Ridgewood Avenue

Edgewater FL, 32132

Description

GREAT LOCATION FOR YOUR INVESTMENT PORTFOLIO OR YOUR BUSINESS AT THE CORNER OF THE BUSIEST INTERSECTION IN EDGEWATER WITH AN ANNUAL AVERAGE DAILY TRAFFIC (AADT) OF 26,000. THIS B3 - HIGHWAY COMMERCIAL LOCATION IS ALSO IN THE HEART OF EDGEWATER’S COMMUNITY REDEVELOPMENT AREA (CRA) WHICH OFFERS GRANT OPPORTUNITIES THAT CAN ENHANCE AND PROTECT YOUR INVESTMENT. THE LOCATION IS ALSO WITHIN THE FEDERAL OPPORTUNITY ZONE WHICH IS A TOOL THAT PROVIDES TAX INCENTIVES, INCLUDING A TEMPORARY DEFERRAL ON CAPITAL GAINS TAXES, WHEN INVESTORS REINVEST THOSE GAINS IN QUALIFIED OPPORTUNITY FUNDS. ALSO LOCATED NEAR THE EAST CENTRAL FLORIDA RAIL TRAIL. THE 2,828 SQFT RETAIL/OFFICE SPACE HAS 1,350 SQFT OF OFFICE/DISPLAY AREA WITH A LARGE WALK-IN GLASS FRONTED REFRIGERATED DISPLAY COOLER. TWO SEPARATE ADA COMPLIANT RESTROOMS. BACK STORAGE AREA HAS COMMERCIAL SINK WITH COMMERCIAL GREASE TRAP AND A SECURED OFFICE AREA FOR PROTECTION OF VITAL PRODUCTS OR FILES. ONSITE PARKING WITH ADA SPACE AND 2 CANOPY PARKING SPACES IN THE REAR. LOCATED AT THE ENTRANCE OF THE PARK AVE. WHICH IS AN AREA THE COMMUNITY HAS ENVISIONED FOR A FUTURE MIXED-USE DOWNTOWN DEVELOPMENT. GREAT LOCATION AMONG MANY OTHER AREA BUSINESSES AND ON THE CORNER OF AN INTERSECTION WITH A TRAFFIC LIGHT MAKING FOR EASY INGRESS AND EGRESS. SOLID ATTRACTIVE BUILDING IN THE CENTER OF EDGEWATER. COMMERCIAL BUILDING COMPLETELY REMODELED IN 2010 AND NEW ROOF IN 2011.

Details

MLS#1058305
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1958
Days On Site19

Features

SQ Feet2,828
Story(s)1
ZoningB3

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Area Information

StateFL
CountyVolusia
CityEdgewater
Zip Code32132
AreaVolusia
Listing VS Median (in 32132)
Price:
$385,900
low | high
Med:
$315,000
68.372635397771% of Average
SqFt:
2,828
low | high
Med:
5,000
26.803394625177% of Average
$ / SqFt:
$136
low | high
Med:
$63
100% of Average
On Site:
19
low | high
Med:
148
12.837837837838% of Average
Listing Updated: 06/04/2020
MLS Number: 1058305
Listing Provided By:
Tracey T Barlow  of  The Barnett Group Inc.
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