Retail, Office & Warehouse
529 Ridgewood Avenue Daytona Beach, FL 32117
For Sale
$799,900
Concrete block corner building combines retail front, office facilities, and warehouse/workshop space with ADA-compliant restrooms.
Property Size7,172 SF
Lot Size0.33 Acres
Price / SF$111.53
Days on Market257
Property Features for 529 Ridgewood Avenue
General Information
- Standard status
- Active
- Size
- 7,172 SF
- Lot size
- 0.33 Acres
- Property subtype
- Commercial Sale / Mixed Use
Building Details
- Year Built
- 1940
Listing Agency:
Calnan Real Estate
(386) 675-1136
Listed By:
Colleen Calnan · License #3173311
(386) 675-1136
Source:
Compass
Added: Nov 9, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:02PM
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 Calnan Real Estate
Investment Insights
Based on property information with market context.
This concrete block building on a corner lot combines multiple functional areas, including a front retail space, a warehouse/workshop area, and office facilities. The retail area features a large bar top island and soundproof viewing elements that provide visibility into the warehouse while supporting quieter retail operations. The warehouse/workshop space includes an automatic 12’ x 12’ garage door installed in 2020 and an open layout suitable for production, storage, or distribution. Office amenities include an executive office with a private restroom, a kitchenette, and three additional restrooms for four total, along with ADA-compliant restrooms. The property also includes a separate music studio space with a private entrance.
The building is located on a high-traffic corridor along Ridgewood Avenue (U.S.-1). It is zoned for retail or mixed commercial use, and the improvements are stated to be permitted and up to code.
Recent upgrades referenced in the listing include a new roof (2020), new plumbing (2020), new HVAC (2022), new electric (2019), and new vinyl flooring throughout, along with an insulated attic and a large, highly visible monument sign. Measurements and square footage are approximate, and buyers are advised to verify zoning and any use restrictions.
The building is located on a high-traffic corridor along Ridgewood Avenue (U.S.-1). It is zoned for retail or mixed commercial use, and the improvements are stated to be permitted and up to code.
Recent upgrades referenced in the listing include a new roof (2020), new plumbing (2020), new HVAC (2022), new electric (2019), and new vinyl flooring throughout, along with an insulated attic and a large, highly visible monument sign. Measurements and square footage are approximate, and buyers are advised to verify zoning and any use restrictions.
Key Highlights
- 7,172 SF concrete block building on a 0.33‑acre corner lot on Ridgewood Ave (U.S.-1) in a high‑traffic corridor
- Zoned for retail or mixed commercial use; layout combines retail, office, and warehouse/workshop space and is easily dividable into revenue streams
- Front retail area approx. 4,500 SF with bar top island and soundproof viewing window/partial soundproof wall into warehouse for quieter operations
Financial Insights For 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 | $107.6k | $15.00 |
| − Vacancy | −$11.1k | −$1.55 |
| EGI | $96.5k | $13.46 |
| − OpEx | −$28.9k | −$4.04 |
| NOI | $67.5k | $9.42 |
7,172 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.54M
$1.34M – $1.79M
NOI $107,472 @ 7.0% cap · market cap 13.44%
Second Best
Flex RnD
$1.16M
$1.01M – $1.35M
NOI $80,875 @ 7.0% cap · market cap 10.11%
Theoretical Best
Office A
$2.11M
$1.85M – $2.47M
NOI $148,030 @ 7.0% cap · market cap 18.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Cook CNC
Industrial Manufacturer
Graphic Sign Design
Marketing & Advertising
Graze Charcuterie FL
Specialty Food Shop
Similar Off Market Nearby
- RPS Catering — 258 Riverside Dr, Holly Hill, FL 32117
FAQs
What type of property is this?
Flex space - Concrete block corner building combines retail front, office facilities, and warehouse/workshop space with ADA-compliant restrooms.
Where is this flex space located?
The property is located at 529 Ridgewood Avenue Daytona Beach, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 7,172 SF concrete block building on a 0.33‑acre corner lot on Ridgewood Ave (U.S.-1) in a high‑traffic corridor; Zoned for retail or mixed commercial use; layout combines retail, office, and warehouse/workshop space and is easily dividable into revenue streams; Front retail area approx. 4,500 SF with bar top island and soundproof viewing window/partial soundproof wall into warehouse for quieter operations
