Restaurant With Drive-Through
1216 S Ridgewood Avenue Daytona Beach, FL 32114
New
For Sale
$428,888
COMMERCIAL - Daytona Beach, FL
Property Size2,389 SF
Lot Size0.38 Acres
Price / SF$179.53
Days on Market1
Property Features for 1216 S Ridgewood Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 4, Bathroom 2
Parking features
Parking Lot, RV
Standard status
Active
APN
5340-03-03-0080
Size
2,389 SF
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
40-15-33 LOT 8 & LOT 9 EXC E 20 FT TO STATE WILDER & HOWE MB 6 PG 152 MB 20 PG 94 OF BETHUNE GRANT MB 1 PG 56 MB 12 PG 41 PER OR 4811 PG 2943 & OR 5569 PG 3769
Tax Annual Amount
2906
Building Details
Year built
1947
Floors in Building
2
Number of units
1
Listing Agency:
A.H. Stone & Associates Inc
(386) 673-3000
Listed By:
John Decarie
(386) 334-0996
Added: Jul 27
Last Checked: Jul 27 at 10:06PM
MLS# 1229048
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property is designed with both customer service and operational space. The building features ADA-compliant restrooms, a drive-through window, and prepared kitchen space including room for a kitchen area and preparation stations. A one-bedroom, one-bath apartment on the second floor provides living quarters on site. The property also has a pylon sign and includes 4 HVAC units in operation.
The site offers 20+ parking spaces and is described as highly visible from both sides via the pylon sign. The roof was redone recently, supporting the building’s ongoing functionality.
Beyond restaurant use, the listing notes other potential uses for the property may be considered. The offering is for sale in Daytona Beach, Florida.
The site offers 20+ parking spaces and is described as highly visible from both sides via the pylon sign. The roof was redone recently, supporting the building’s ongoing functionality.
Beyond restaurant use, the listing notes other potential uses for the property may be considered. The offering is for sale in Daytona Beach, Florida.
Key Highlights
- Highly visible restaurant with pylon sign and visibility from both sides
- 20+ parking spaces plus RV parking and a drive‑thru window
- Roof was redone recently; 4 HVAC units in operation
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.5k | $21.96 |
| − Vacancy | −$4.1k | −$1.71 |
| EGI | $48.4k | $20.25 |
| − OpEx | −$12.1k | −$5.06 |
| NOI | $36.3k | $15.19 |
2,389 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$518.3K
$453.5K – $604.6K
NOI $36,278 @ 7.0% cap · market cap 8.46%
Second Best
Office B
$511.4K
$447.5K – $596.7K
NOI $35,799 @ 7.0% cap · market cap 8.35%
Theoretical Best
Office A
$704.4K
$616.4K – $821.8K
NOI $49,309 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant building includes ADA restrooms, a drive-through window, and parking for 20+ vehicles.
Where is this drive through restaurant located?
The property is located at 1216 S Ridgewood Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $428,888.
What are key features of this property?
This property features: Highly visible restaurant with pylon sign and visibility from both sides; 20+ parking spaces plus RV parking and a drive‑thru window; Roof was redone recently; 4 HVAC units in operation
