613 Ridgewood AveEdgewater, FL 32132

  • Retail properties
  • 1,485 SF
For Sale
$625,000 View listing

Property Details for 613 Ridgewood Ave

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 AC
Property size (Sq ft)
1,485 SF
Zone code
B3
Property type
Retail properties
Property subtype
Turn key restaurants
APN
7450-05-00-0290
APU
745005000290

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.

613 Ridgewood Ave, Edgewater, Florida

Location Insight

City
Edgewater
County
Volusia
State
Florida
Latitude
29.004
Longitude
-80.9136
CBSA code
19660
CBSA name
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,340
$101,063
$135,866
$236,929
-
$101,063
$135,866
$236,929

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