Turn-Key Restaurant and
2017 S Ridgewood Avenue, South Daytona, FL 32119
New
COMMERCIAL - South Daytona, FL
Property size:
2,518 SFLot size:
0.30 AcresPrice / SF:
$178/SF- Added:
- Jun 26, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 2017 S Ridgewood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Parking Lot
- Security features
- Security System
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 5344-15-00-0021
- Size
- 2,518 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- LOT 2 EXC E 300 FT & EXC PART IN ST RD 5 BROWN & OWEN REPLAT MB 9 PG 267 BLAKE INC PER OR 4203 PG 833-834 PER OR 8059 PG 0525 PER OR 8751 PG 3671
- Tax Annual Amount
- 6970
Utilities
- Utilities
- Propane
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1955
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Laminate
- Building materials
- Cement Siding, Concrete
- Roof type
- Tar/Gravel
Listing agent Michael Buchanan (386) 516-3495
Listing office Florida Homes Realty & Mortgage 9191 R G Skinner Pkwy #102 #102, FL (904) 996-9115
Listing date Jun 26, 2026
MLS# 1227979
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.
HighLights
- Restaurant building with prime frontage on busy Rt. 1
- Fully equipped kitchen and tavern utilities with new POS system; all furniture, fixtures and equipment included
- Seating for about 70 patrons plus restrooms; on‑site parking for about 20 cars
- Handicapped‑accessible approach with ramp; accessible approach with ramp
- Central heating and central A/C; roof A/C system less than 4 years old; roof tar/gravel
- Utilities: propane with public water and public sewer; year built 1955; parking lot parking
Overview
This turn-key restaurant and tavern is offered as a ready-to-operate package, including a fully equipped kitchen, tavern utilities, and a new POS system. The sale also includes all furniture, fixtures, and equipment. The building provides seating for about 70 patrons and includes restrooms, along with an on-site handicapped access ramp.
The property is located on South Daytona’s South Ridgewood Avenue and features prime frontage on busy Route 1. On-site parking is available for about 20 cars. The current owner has completed repairs and refurbishment, including updates to the roof and floors, and the roof A/C system is less than 4 years old. The property is currently vacant.
For operators seeking a move-in-ready restaurant concept, the layout supports both dining and tavern-style service with an on-premises kitchen and existing utilities. The building’s recent roof, floor, and HVAC-related improvements may reduce near-term capital items. The City has prioritized the area for commercial, residential, and mixed-use development, including plans for a multi-tenant retail plaza, proposed riverfront residences with boat slips, and a zoning change to planned commercial development, along with major infrastructure improvements that have been approved by the city.
The property is located on South Daytona’s South Ridgewood Avenue and features prime frontage on busy Route 1. On-site parking is available for about 20 cars. The current owner has completed repairs and refurbishment, including updates to the roof and floors, and the roof A/C system is less than 4 years old. The property is currently vacant.
For operators seeking a move-in-ready restaurant concept, the layout supports both dining and tavern-style service with an on-premises kitchen and existing utilities. The building’s recent roof, floor, and HVAC-related improvements may reduce near-term capital items. The City has prioritized the area for commercial, residential, and mixed-use development, including plans for a multi-tenant retail plaza, proposed riverfront residences with boat slips, and a zoning change to planned commercial development, along with major infrastructure improvements that have been approved by the city.
Local 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 | $55.3k | $21.96 |
| − Vacancy | −$4.3k | −$1.71 |
| EGI | $51.0k | $20.25 |
| − OpEx | −$12.7k | −$5.06 |
| NOI | $38.2k | $15.19 |
2,518 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$546.2K
$478.0K – $637.3K
NOI $38,237 @ 7.0% cap · market cap 8.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$742.5K
$649.7K – $866.2K
NOI $51,972 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- South Daytona
- County
- Volusia
- State
- Florida
- Longitude
- -81.002723
- Latitude
- 29.174016
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Fully equipped restaurant with seating, restrooms, and on-site parking, offered turn-key with furniture, fixtures, and equipment included.
Where is this conventional restaurant located?
The property is located at 2017 S Ridgewood Avenue South Daytona, FL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Restaurant building with prime frontage on busy Rt. 1; Fully equipped kitchen and tavern utilities with new POS system; all furniture, fixtures and equipment included; Seating for about 70 patrons plus restrooms; on‑site parking for about 20 cars
