2001 Ridgewood AVE Active Save Request In-Person Tour Request Virtual Tour
Edgewater,FL 32141
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 81,021 sqft
Price per Sqft $22
MLS Listing ID 1119337
Originating Board Daytona Beach Area Association of REALTORS®
Year Built 1945
Annual Tax Amount $7,976
Lot Size 1.860 Acres
Lot Dimensions 1.86
Property Description
The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8,200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new national chain retail. It has right in and left in ingress and over 300' Ridgewood frontage with FDOT permitted driveway cut. The AADT count is 22,500 and elevations range from 15'-17' without suspected wetlands. Presently, the city of Edgewater has ~15,000+ residential permits either approved and and/or in the pipeline for approval. The property is also located in the CRA district which provides grant opportunities as well as commitment that a portion of the taxes will be used to enhance the property values in the area. Property has a clean Phase I environmental study. Since the properties presently have structures, there may impact fee credits available if structures are demolished. Immediately adjacent to this property is an additional 1.837 acres that may be considered as possible assemblage opportunity for a total of 3.674 acres. All parcels would provide approximately 604 linear feet of Ridgewood frontage. There are also several existing FDOT access points with these parcels.
Location
State FL
County Volusia
Direction South on Ridgewood/US 1 in Edgewater 1 block south of SR442/Indian River Blvd.
Interior
Heating Central
Cooling Central Air
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 8402-37-03-0220