5110 S RIDGEWOOD Ave Port Orange, FL 32127

Building Details

Year Built

1976

Listing Agency LUXURY ORLANDO REAL ESTATE b***@hotmail.com Show Phone

Listed by Anthony Giuffrida, PA Show Phone

Source Elliman

Added: Apr 10 Checked: Jul 16 at 9:29 am

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Investment Insights

Based on property information with market context.

This five-unit commercial property is available for sale on US-1 in Port Orange. The sale encompasses the real estate, a marine parts, boat lift, and boat trailer parts business, along with over $175,000 in inventory. Constructed with concrete block, the building features a new roof installed in 2019. Each of the five commercial units includes a private bathroom and an individual electric meter. The business currently generates an average of $400,000 per year in sales. The business has been operating for 50 years. The business operates in the two front storefronts, allowing the new owner to rent the remaining three rear empty storefronts or open three additional businesses. Zoned RD, the property allows for multi-use, including offices, retail stores, and auto, boat, motorcycle, and trailer repair. The property is located near a boat ramp, marinas, and the intercoastal waterway. The location has a bike score of 65, indicating it is bikeable, and a walk score of 60, indicating it is somewhat walkable.

Key Highlights

• Established Business: Includes a 50‑year‑old marine parts and boat lift/trailer parts business with $175k+ inventory and $400k annual gross sales.
• Income Potential: Features 5 commercial units, with the opportunity to rent out 3 vacant units or establish additional businesses.
• Strategic Location: Situated on busy US‑1 in Port Orange, near boat ramps, marinas, and the intercoastal waterway.

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FAQs

What type of property is this?

Storefront property - Five-unit commercial property with business and inventory included in sale.

Where is this storefront property located?

The property is located at 5110 S RIDGEWOOD Ave Port Orange, FL.

What is the asking price?

The asking price for this property is $995,000.

What are key features of this property?

This property features: Established Business: Includes a 50‑year‑old marine parts and boat lift/trailer parts business with $175k+ inventory and $400k annual gross sales.; Income Potential: Features 5 commercial units, with the opportunity to rent out 3 vacant units or establish additional businesses.; Strategic Location: Situated on busy US‑1 in Port Orange, near boat ramps, marinas, and the intercoastal waterway.