1092 Ridgewood Ave Edgewater, FL 32132
Property Features for 1092 Ridgewood Ave
General Information
- Property type
- Retail properties
- Square Feet
- 4,600 SF
- Lot Size
- 66,647 SF
Listing Agency: Collado Real Estate Listing Agent: Ignacio Barsottelli
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 1.53-acre commercial property in Edgewater, Florida, is listed at $1,500,000. Currently generating over $145,000 annually from various tenants, including a mechanic shop and automotive sales, with mobile homes situated at the rear. The property boasts 264 feet of frontage on US1 and is comprised of two parcels currently being assembled. Its 4,600-6,000 square foot building offers significant redevelopment potential, ideally suited for two drive-through establishments, ample parking, and major retail or medical uses. The location is highly advantageous, situated near a YMCA, Taco Bell, Little Caesars, Chick-fil-A, and a municipal park, ensuring high visibility and foot traffic. The property's location within a Community Redevelopment Area (CRA) provides access to potential incentives and support for redevelopment projects. A retention pond could be added to meet expansion requirements. The property is approximately one hour from Orlando International Airport and two miles from New Smyrna Beach, offering convenient access to major transportation hubs and tourist destinations. This prime location presents unparalleled business opportunities in a thriving area. The remaining lease term on the current tenants is two years.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
tropical auto air
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.9020385
- Latitude
- 28.9818781
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - High-growth area, multi-tenant retail
Where is this retail property located?
The property is located at 1092 Ridgewood Ave Edgewater, FL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: High-traffic location at the entrance to a busy YMCA, ensuring strong customer flow.; 1.53-acre commercial lot in Edgewater, FL, assembled from two parcels, offering versatile usage potential.; Development potential includes a new retention pond and redevelopment of a 4,600-6,000 sq ft building for drive-through businesses or retail/medical uses.