1092 South Ridgewood Avenue
Description
Notice: This listing includes two parcels that are currently in the process of being assembled. This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive-through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and...Prime Commercial Assemblage - 1.53 Acres with 264 ft Frontage on US1
Notice: This listing includes two parcels that are currently in the process of being assembled. This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive-through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick-fil-A. Additionally, it is adjacent to a municipal park, enhancing its appeal. This prime location offers unparalleled business opportunities in a bustling area. Proximity: 1 hour from Orlando International Airport 2 miles from New Smyrna Beach
Property Overview:
This amazing commercial property is currently operating as a mechanic shop alongside automotive sales, with mobile homes located in the back part of the property. The land offers significant potential for redevelopment and expansion of commercial usage. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded. Features:
•High Traffic Area: Located at the entrance of the busy YMCA, ensuring a steady flow of potential customers. •Versatile Usage: The land can be combined to increase commercial property usage. •Potential for Development: Building a retention pond in the back to meet retention requirements and enhance property appeal.
2Community Redevelopment Area:
This property is also located within the Community Redevelopment Area (CRA), which emphasizes the importance of revitalizing and enhancing the community. Being part of the CRA provides additional opportunities for incentives and support for redevelopment projects, making this property an even more attractive investment.
- Listed by Ignacio Barsottelli • COLLADO REAL ESTATE
Property Details for 1092 South Ridgewood Avenue
Property Details for 1092 South Ridgewood Avenue
| Status | Active |
|---|---|
| MLS # | NS1082183 |
| Days on Market | 120 |
| Taxes | $3,556 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Mixed Use |
| MLS Type | Commercial Sale / Mixed Use |
| Year Built | 1961 |
| Lot Size | 1.53 AC / 66,662 SF |
| County | Volusia County |
Building Information for 1092 South Ridgewood Avenue
Property Information for 1092 South Ridgewood Avenue
- Building Area Source: Estimated
- Building Area Total: 7600.0
- Building Area Units: Square Feet
- Direction Faces: East
- Directions: Head south on S Dixie Fwy toward Andrews St, pass by Beef 'O' Brady's-New Smyrna Beach on the right in 1.2 miles, continue for 1.4 miles, continue onto N Ridgewood Ave, your destination will be on the right after 1.7 miles at 1092 S Ridgewood Ave, Edgewater, FL 32132.
- Other Equipment: Compressor, Dehumidifier, Fuel Tank(s), Loading Pens
- Mls Major Change Type: New Listing
- Major Change Type: New Listing
- Listing Service: Full Service
- Road Frontage Type: Business District, City Street, Interstate
- Unit Number: No
- Street Number: 1092
- Street Direction Prefix: S
- Street Name: RIDGEWOOD
- Street Suffix: AVENUE
- State: FL
- City: EDGEWATER
- Between US 1 River YN: No
- Geolocation: Edgewater N:442-NSB City Limit
- Parking Features: 19 to 30 Spaces, Ground Level, RV Parking
- Tax Block: 1
- Tax Book Number: 3-73
- Tax Legal Description: E 200 FT OF N 60 FT OF LOT 31 & S 69 FT OF E 200 FT OF LOT 32 MENDALL HOMESTEAD & LOTS 1 TO 5 INC EXC PART IN RD BLK 1 ROSS & NEWELL SUB MB 3 PG 73 & MB 8 PG 53 PER OR 4555 PG 2552 PER OR 6188 PGS 3452-3453
- Tax Lot: 31
- Tax Year: 2023
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/stellar/NS1082183
- Additional Parcels Description: 7433-07-01-0060
- Additional Parcels: Yes
- Lot Features: Central Business District, Corner Lot, Curb and Gutters, In City Limits, Other, Sidewalk
- Parcel Number: 743301000320
- Total Acreage: 1 to less than 2
- Total Num Buildings: 1
- Water Access: No
- Water Extras: No
- Zoning: 07B3
- Living Area: 7435
- Year Built Numeric: 1961
- Accessibility Features: Accessible Doors
- Adjoining Property: Church, Commercial, Multi-Family
- Flood Zone Code: X
- New Construction: No
- Number Of Lots: 2
- Public Survey Range: 34E
- Public Survey Section: 33
- Construction Materials: Block, Brick, Concrete, Stucco
- Foundation Details: Block, Concrete Perimeter, Other, Slab
- Other Structures: Outbuilding, Storage, Workshop
- Pool: None
- Pool Private: No
- Roof: Membrane, Metal, Other
- Vegetation: Mature Landscaping, Oak Trees, Wooded
- Waterfront Feet Total: 0
- Number Of Stories: 1
- Ceiling Height: 10 to 15 Feet
- Cooling: A/C - Office Only, None
- Flooring: Concrete
- Freezer Space: No
- Living Area Source: Estimated
- Living Area Units: Square Feet
- Water View: No
- Pets Allowed: Yes - See Condo Docs
Property History for 1092 South Ridgewood Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1092 South Ridgewood Avenue
Schools near 1092 South Ridgewood Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 12 |
Rating | School | Distance |
|---|---|---|
Edgewater Public School PublicPK to 5 | ||
New Smyrna Beach Middle School Public6 to 8 | ||
New Smyrna Beach High School Public9 to 12 | ||
Burns Science And Technology Charter School CharterK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of COLLADO REAL ESTATE, Ignacio Barsottelli
The information being provided by MFRMLS and Daytona Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of MFRMLS or Daytona Multiple Listing Service. Real estate listings held by brokerage firms other than this site owner are marked with the IDX/MLS logo. Information deemed reliable but is not guaranteed accurate by MFRMLS or Daytona Multiple Listing Service. Last updated: 07/25/2024 10:11 PM
