2794 Ridgewood AveEdgewater, FL 32141

Property Details for 2794 Ridgewood Ave

Year built

1956

Lot size

2.80 AC

Property size (Sq ft)

937 SF

Property type

Other mixed-use properties

Property subtype

Mixed-use properties

Description

This exceptional 2.8-acre mixed-use property at 2794 S Ridgewood Avenue in Edgewater, Florida, presents a unique investment opportunity. The 937 square foot existing home on the site has only impact fee value, offering significant redevelopment potential. The property boasts prime frontage on US Highway 1/Ridgewood Avenue, ensuring high visibility and accessibility. Its strategic location provides proximity to numerous amenities, including Walgreens, Publix, Dollar General, Winn-Dixie, Dunkin' Donuts, Taco Bell, and Aldi's, guaranteeing a strong customer base for any commercial venture. The property's zoning is a blend of commercial (front) and residential (rear acreage), allowing for diverse development options. This flexibility allows for the creation of a thriving business with ample space for residential development in the rear, or the construction of apartments or smaller homes. Located in Volusia County, the property is eligible for annexation into the City of Edgewater. City water and sewer services are readily available. The seller is open to financing for qualified buyers, making this an attractive proposition for investors seeking a versatile and strategically located property with significant upside.

Location Insight

City

Edgewater

County

Volusia

State

Florida

Latitude

28.9539

Longitude

-80.8864

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