Edgewater, FL 32141,2001 Ridgewood AVE
Edgewater, FL 32141,2001 Ridgewood AVE
Edgewater, FL 32141,2001 Ridgewood AVE
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$1,800,000
Est. payment /mo
81,021 SqFt
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UPDATED:

10/31/2024 01:58 PM

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

Exterior

Waterfront No

Building

Water Public

Structure Type Block,Concrete

Others

Senior Community No

Tax ID 8402-37-03-0220


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Listed by The Barnett Group Inc.

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Mike Andrews

+1(386) 864-9900

Florida Real Estate Sales

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2001 Ridgewood AVE