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435 S Ridgewood Ave Daytona Beach, FL 32114

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Pending
$1,499,900

Turnkey office building in historic Daytona Beach with high ROI.

Lot size:
0.89 Acres

Property Features for 435 S Ridgewood Ave

General Information

Property type
Commercial
Standard status
Pending
Lot size
0.89 Acres

Building Details

Year built
2001

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Listing Contact
Tammy Narcho
Source: Elliman

Listing Agent: Tammy Narcho

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Daytona Beach Professional Office Building

Located on the east side of South Ridgewood Avenue (US Hwy 1), approximately one mile south of International Speedway Boulevard, this professional office building is situated in the historic district of Daytona Beach. The property features over 200 feet of frontage exposure. The building is in immaculate condition, with the roof replaced in 2020 and all eight HVAC systems replaced between 2014 and 2021. The parking lot, containing 43 spaces plus 4 handicap spaces, was resurfaced in August 2021, and the walkways received a miracote coating in December 2021. The office building includes 17 offices on the ground level and 13 office spaces on the second level, totaling 30 office spaces. There are also two reception areas, one on each floor. The property is located a few blocks from Beach Street in downtown Historic Daytona Beach, an area undergoing gentrification with new waterfront parks, restaurants, retail shops, and condos. A developer plans to construct a 307-unit apartment complex on the north end of Beach Street, between the Brown & Brown building and Michigan Avenue. The Brown & Brown Insurance 11-story headquarters, completed and opened in early 2021, has added value to the surrounding area. Across the street on the west side of Ridgewood, the city is constructing the Daytona Beach Fire Station & Administration Building, slated for completion in 2026. These improvements have further established the area as a hub for professional businesses and offices.
Location Intelligence

Current Use by Public Records

Embridge Counseling Services Counselor Goosehead Insurance - Kelvin ... Insurance Agency Buckley Financial Group Financial Advisor TCT Advantage LLC Business Networking Company Florida Document Specialists Law Firm

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Daytona Beach
County
Volusia
State
Florida
Longitude
-81.026952
Latitude
29.219536

FAQs

What type of property is this?
Office building - Turnkey office building in historic Daytona Beach with high ROI.
Where is this office building located?
The property is located at 435 S Ridgewood Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $1,499,900.
What are key features of this property?
This property features: - High-visibility location with over 200 feet of frontage on South Ridgewood (US Hwy 1) in the historic district of Daytona Beach.; - Turnkey, income-producing property in immaculate condition.; - Recent significant capital improvements: roof replaced in 2020, all 8 HVAC systems replaced (2014-2021), parking lot resurfaced (2021), and walkways coated (2021).
More about this property
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