130 Ridgewood Ave Daytona Beach, FL 32114
- Investment properties
- 24,740 SF
- 2.77 lot acres
Current Use by Public Records
- LA Sauer Center / Atm
- Wells Fargo Bank / Atm / Bank
Property Details for 130 Ridgewood Ave
- Year built
- 1964
- Construction
- CONCRETE
- Lot size
- 2.77 lot acres
- Property size
- 24,740 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 5339-01-21-0030
- APU
- 533901210030
Description
This exceptional investment opportunity presents a former Wells Fargo bank branch in downtown Daytona Beach, Florida. The property, located at 130 N Ridgewood Ave, boasts a substantial 26,808 square feet of space across two stories within a single building, offering significant flexibility for various uses. The main building comprises 25,368 square feet, with 16,622 square feet on the main floor and 8,746 square feet downstairs. A separate 1,440 square foot maintenance building is also included. Built in 1964 and renovated in 2014, the property features a desirable Class B designation, high 12-foot ceilings, and is currently 50% occupied. The site encompasses 2.773 acres and provides ample parking with 152 spaces, including covered areas. Active drive-through lanes and existing vaults are valuable assets. The property is zoned RDD & M-1, allowing for diverse development options. Its prime downtown location offers easy access to Interstate highways, making it highly accessible. The space is easily divisible for multi-tenant occupancy. Asking price is $3,250,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0241
- Latitude
- 29.2117
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
