613 N Ridgewood Ave, Edgewater, FL 32132
- Turn key restaurants
- 1,485 SF
- 0.16 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 613 N Ridgewood Ave
- Year built
- 1961
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Zone code
- B3
- Property type
- Turn key restaurants
- APN
- 7450-05-00-0290
- APU
- 745005000290
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 26, 2024 | $565,000 | Lilly Rose Holdings LLC | Tenfold Collective LLC | Warranty Deed | $452k · Addition Financial Cu |
| Mar 22, 2019 | $225,000 | Tenfold Collective LLC | Stone Mtg Hldgs LLC | Warranty Deed | $225k · Stone Mortgage Holdings LLC |
| Mar 14, 2019 | — | Stone Mtg Hldgs LLC | — | Deed · related | $2.5M · Florida Cap Bk |
| Mar 10, 2017 | — | Stone Mtg Hldgs LLC | — | Deed · related | $1.1M · Florida Cap Bk |
| Mar 26, 2014 | — | Stone Mtg Hldgs LLC | Stone,stephen M | Quit Claim Deed · related | — |
| Aug 26, 2010 | — | Stephen M Stone | — | Trustees Deed · related | $800k · Florida Capital Bank NA |
| Jul 16, 2009 | — | Stephen M Stone | — | Trustees Deed · related | $1.3M · Florida Capital Bank NA |
| Feb 5, 2009 | $264,282 | Stephen M Stone | Sundance LLC | Quit Claim Deed · related | — |
| Jan 13, 2006 | $275,000 | Sundance LLC | Stone,stephen M | Warranty Deed | $265k · Stephen M Stone |
| Jun 7, 2004 | $229,700 | Stephen M Stone | Kathys Wings & Subs INC | Quit Claim Deed · related | — |
| Jun 11, 2003 | $235,000 | Kathys Wings & Subs INC | Stone,stephen M | Grant Deed | $232k · Stephen M Stone |
| Oct 30, 2002 | — | Stephen M Stone | Shelton,allen F & Carol R | Trustees Deed · related | — |
| — | — | Stone Mtg Hldgs LLC | — | Loan Modification · related | $2.5M · Florida Cap Bk |
| — | — | Stephen M Stone | — | Loan Modification · related | $1.1M · Florida Cap Bk |
| — | — | Stone Mtg Hldgs LLC | — | Loan Modification · related | $1.1M · Florida Cap Bk |
| — | — | Stephen M Stone | — | Deed Of Trust · related | $1M · First National Bank Florida |
| — | — | Stephen M Stone | — | Deed Of Trust · related | $800k · Florida Capital Bank NA |
Description
This exceptional commercial property, situated at 613 N Ridgewood Avenue in Edgewater, Florida, presents a unique investment opportunity. Boasting a prime location on busy US Highway 1, directly on the city line between New Smyrna Beach and Edgewater, this 0.14-acre lot benefits from an impressive average daily traffic count of 27,500 vehicles (based on 2022 FDOT statistics). The property's B-3 Highway Commercial zoning allows for a wide range of business uses, offering significant flexibility for potential buyers. Previously operating as a successful restaurant, the property is being sold "as-is" and includes existing inventory. This inventory encompasses a comprehensive commercial kitchen setup, featuring a gas stove/burners, griddle, fryers, three deep freezers, three coolers, a 500-pound ice machine, and ample prep tables. The existing furniture and fixtures are also included in the sale, providing a head start for new ventures. This property's high visibility, substantial traffic flow, and versatile zoning make it an ideal location for a variety of commercial enterprises. The asking price is $625,000. Don't miss this chance to acquire a well-positioned commercial property with significant potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $565,000
- ML approach
- $565,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $751,000
Market price range: $213k - $989k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Edgewater
- County
- Volusia
- State
- Florida
- Longitude
- -80.9136
- Latitude
- 29.004
- CBSA code
- 19660
- CBSA name
- DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
