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409 N Ridgewood Avenue Edgewater, FL 32132

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For Sale
$398,000

Strategically located mixed-use property with high visibility and accessibility.

Type:General Commercial
Added:
Mar 17, 2016
Days on Market:
3678
Last Refresh:
Apr 1 at 9:33 pm

Property Features for 409 N Ridgewood Avenue

General Information

Standard status
Active
Property subtype
General Commercial

Building Details

Year Built
1946

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Listing Contact
Tracey T Barlow

Listing agent Tracey T Barlow

Listing office The Barnett Group Inc.

Listing date Mar 17, 2016

Source Xome

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 The Barnett Group Inc.


Overview

Edgewater Corner Lot Mixed-Use Property

This mixed-use property is situated on a corner lot in the Highway Commercial District of Edgewater, benefiting from a traffic count of 25,000 AADT. The location offers exceptional visibility and accessibility, enhanced by a bi-directional median cut that facilitates traffic flow. The property is located within an Opportunity Zone, offering potential tax incentives and benefits, including the deferral and reduction of capital gains taxes. It is also located within a Community Redevelopment Agency district, which enhances the property's value and potential for community-driven projects, offering incentives and resources aimed at fostering economic growth and development. The property includes two rooms suitable for offices, conference rooms, or bedrooms, along with a large reception area or living room, a third office or dining room, and a full kitchen. It also features a bath and a half, a garage, and a large storage shed. The landscaped property provides curb appeal and includes a side yard. Additional features include an electric tankless insta-hot water system, a new roof installed in 2018, and a new A/C unit installed in 2022. The property is a short distance to the east of Riverside Dr. along the Indian River waterfront with many riverfront parks. It can be used for a professional office, home, or both.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Edgewater
County
Volusia
State
Florida
Longitude
-80.911711
Latitude
29.000334

FAQs

What type of property is this?
Mixed-use property - Strategically located mixed-use property with high visibility and accessibility.
Where is this mixed-use property located?
The property is located at 409 N Ridgewood Avenue Edgewater, FL.
What is the asking price?
The asking price for this property is $398,000.
What are key features of this property?
This property features: **Strategically positioned corner lot in Highway Commercial District with high traffic count (25,000 AADT) offering exceptional visibility and accessibility.**; Located in an Opportunity Zone, providing potential tax incentives and benefits for capital gains.; Located within a Community Redevelopment Agency district, enhancing property value and offering incentives for economic growth.
More about this property
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