Edgewater Corner Lot Mixed-Use
For Sale
$398,000
409 Ridgewood Avenue, Edgewater, FL 32132
Strategically located mixed-use property with high visibility and accessibility.
Property SizeContact for details
Days on Market2288
Property Features for 409 Ridgewood Avenue
General Information
Standard status
Active
Property subtype
General Commercial
Amenities
3
Concrete, Asphalt, Shingle
Corner Lot.
Corner, US Highway.
Building Details
Year Built
1946
Stories
1
Listing Agency:
The Barnett Group Inc.
(386) 426-7234
Listed By:
Tracey T Barlow · License #3438904
(386) 566-3715
Source:
Xome
Added: May 27, 2020
Changed: Aug 12
Last Checked: Aug 31 at 12:34PM
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.
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
413
Businesses Nearby
Explore this area
Business Placement
Demographics for 32132, FL
8,189
Population
4,266
Households
1.9
Avg Household Size
52
Median Age
19%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
1,170
Density / Sq Mi
$53,860
Median Household Income
$34,816
Median Earnings
$1,316
Median Rent
$234,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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 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.
