Edgewater Office/Warehouse Investment
328 N Ridgewood Avenue, Edgewater, FL 32132
Office/warehouse space in growing Edgewater, suitable for investors or owner-users.
Type:Commercial/Industrial
Property size:
7,800 SFLot size:
0.53 AcresPrice / SF:
$153/SF- Added:
- Mar 24, 2026
- Days on Market:
- 55
- Last Refresh:
- Apr 5 at 10:25 pm
Property Features for 328 N Ridgewood Avenue
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Lot size
- 0.53 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1982
Listing agent Carl Lentz License #3068067
Listing office SVN Alliance Commercial Real Estate Advisors (386) 310-7900
Listing date Mar 24, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SVN Alliance Commercial Real Estate Advisors
HighLights
- 8.5% Pro Forma Cap Rate: High potential return on investment.
- Prime Location on US‑1 in rapidly growing Edgewater: High visibility and accessibility.
- Owner/User Opportunity with Sublet Potential: Benefit from office and warehouse space, with income potential.
- B‑3 Highway Commercial Zoning: Offers a wide range of business possibilities.
- Additional Land Parcel Available: 1.3 acres for expansion or additional income.
- Recent Improvements: Including 2023 HVAC, gutters, and soffits, and a 2016 roof.
Overview
Located in the rapidly developing city of Edgewater, this office and warehouse space presents an opportunity for both investors and owner-users. The property is situated on a 0.53-acre parcel along the busy US-1 corridor and includes a 7800-square-foot warehouse and office building. The current owner is transitioning renewing tenants to NNN leases. Optimizing rents, leasing the owner-occupied warehouse and office space, and converting additional tenants to NNN leases could yield an 8.5% cap rate in the second year. An owner-user could benefit from 6000 square feet of office space and a small bay warehouse at the rear of the building, with the option to sublet unused space to office tenants. The property features over 20 parking spaces and a three-bay warehouse comprising 1,800 square feet, which is currently vacant and available for rent. Recent upgrades include a 2023 HVAC system, gutters, and soffits, along with a 2016 roof. The property is zoned B-3 Highway Commercial in Edgewater. An adjacent 1.3-acre parcel with prime road frontage on US-1 may be available separately and can be developed.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Pilot Aviation English, ...
Language School
Massage Therapy with ...
Alternative Medicine Practice
Workers Comp Inc
Insurance Agency
Walk-in Clinic New ...
Physician
Accent America Staff ...
Employment Agency
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- CubeSmart Self Storage — 200 N Ridgewood Ave, Edgewater, FL 32132
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.912138
- Latitude
- 28.997513
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Office/warehouse space in growing Edgewater, suitable for investors or owner-users.
Where is this warehouse located?
The property is located at 328 N Ridgewood Avenue Edgewater, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 8.5% Pro Forma Cap Rate: High potential return on investment.; Prime Location on US‑1 in rapidly growing Edgewater: High visibility and accessibility.; Owner/User Opportunity with Sublet Potential: Benefit from office and warehouse space, with income potential.
