101 S Ridgewood Avenue

Edgewater, FL 32132

About this property

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.

Date Listed
May 17, 2020
Listing Status
Active
Days On Site
18
MLS#
1058305

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Industrial
Sub-Type
Resale
Year
1958
Garage
0
Pool
No
Story(s)
1
Property View
No
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$385,900 Active
0 Beds
0 Baths
2,828 SQFT

Presented By Coldwell Banker Coast Realty

Get in touch today! Phone: (877) 748-7355
Brokerage
Port Orange
(386) 275-1000
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Area Information

Volusia | Volusia County |

$ 385,900
This listing is play_arrow 28.7% higher than the average in the area
$ 299,900 in the area
7,679 SqFt
This listing is play_arrow 339.10% larger than the average in the area
1,972 SqFt in the area
$ 231 $/SqFt
This listing is play_arrow 22% less than the average in the area
$ 295 $/SqFt in the area
18 days on site
This listing is play_arrow 98.4% below the average in the area
1,105 days on site in the area

Schools in the Area

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