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    Retail and Office Space Title is generated by Realmo AI

    5929 S RIDGEWOOD AVE, Port Orange, FL 32127

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    Versatile 1,440 SF shop and office setup suited for businesses needing both retail and workspace in one location.

    Type:Office, Mixed Use, Special Purpose
    Property size:
    1,440 SF
    Price / SF:
    $218/SF
    Added:
    Jun 8, 2026
    Days on Market:
    14
    Last Refresh:
    Jun 20 at 2:09 am

    Property Features for 5929 S RIDGEWOOD AVE

    General Information

    Standard status
    Active
    Size
    1,440 SF
    Property subtype
    Office, Mixed Use, Special Purpose

    Building Details

    Year Built
    1934

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    Listing Contact
    PETE KLIRONOMOS
    PETE KLIRONOMOS

    Listing agent PETE KLIRONOMOS License #BK3410351

    Listing office Salty City Realty

    Listing date Jun 8, 2026

    Source Crexi

    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 Salty City Realty

    HighLights

    • 1,440 SF shop and office space with room to support retail and business workspace needs
    • Year built: 1934
    • 2/2/2023 public remarks note potential for commercial use

    Overview

    This offering combines retail and office space in a total 1,440 SF configuration, described as a hobby shop and office environment. The property is listed for sale and presented as a commercial-use space with room to support both customer-facing activity and day-to-day work functions within the same footprint.

    The asset is located at 5929 S Ridgewood Ave in Port Orange, Florida. The listing does not provide additional details on frontage, access, or neighboring tenants, but the address situates the property on a Ridgewood Avenue corridor suitable for general commercial use.

    For tenants, buyers, or owner-operators, the mix of a shop area and an office portion can fit a range of small retail and service concepts that want dedicated workspace while still maintaining a retail presence. Because the remarks emphasize a hobby shop and office use, the space may be especially practical for businesses that benefit from having a customer area paired with functional office operations. The property is offered for sale with a stated listing price of $315,000.

    Local Financial Insights For Office B

    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 $31.1k $21.60
    − Vacancy −$2.3k −$1.62
    EGI $28.8k $19.98
    − OpEx −$7.2k −$5.00
    NOI $21.6k $14.99
    1,440 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $308.3K
    $269.7K – $359.6K (±1% cap)
    NOI $21,578 @ 7.0% cap · market cap 6.85%
    Second Best
    Retail
    $193.8K
    $169.5K – $226.1K (±1% cap)
    NOI $13,563 @ 7.0% cap · market cap 4.31%
    Theoretical Best
    Office A
    $424.6K
    $371.5K – $495.4K (±1% cap)
    NOI $29,722 @ 7.0% cap · market cap 9.44%
    Zoning and permitted uses should be independently verified with local authorities.
    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 Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Port Orange
    County
    Volusia
    State
    Florida
    Longitude
    -80.9725686
    Latitude
    29.1069523

    FAQs

    What type of property is this?
    Office units - Versatile 1,440 SF shop and office setup suited for businesses needing both retail and workspace in one location.
    Where is this office units located?
    The property is located at 5929 S RIDGEWOOD AVE Port Orange, FL.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: 1,440 SF shop and office space with room to support retail and business workspace needs; Year built: 1934; 2/2/2023 public remarks note potential for commercial use
    (386) 295-9299 Call to check price and availability
    More about this property
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