501 Ridgewood Avenue, DAYTONA BEACH, FL 32117
- MLS#: V4943993 ( Commercial Sale )
- Street Address: 501 Ridgewood Avenue
- Viewed: 5
- Price: $1,750,000
- Price sqft: $164
- Waterfront: No
- Year Built: 1969
- Bldg sqft: 10677
- Days On Market: 9
- Additional Information
- Geolocation: 29.2348 / -81.035
- County: VOLUSIA
- City: DAYTONA BEACH
- Zipcode: 32117
- Subdivision: Oakridge Park
- Provided by: RE/MAX SIGNATURE
- Contact: Walter Borgen
- 386-236-0760
- DMCA Notice
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DescriptionIncredible opportunity on US 1, this high visibility commercial property offers over 1.78 acres of land with excellent signage and frontage along Ridgewood Avenue in Holly Hill. Located in a designated Opportunity Zone and zoned CC 1 Commercial, the site allows for a wide range of uses including retail, professional or medical offices, multifamily development, and community based services. The property includes four separate structures: a nearly 10,000 sq ft two story building, a 1,600 sq ft single family residence with a detached 2 car garage, a 550 sq ft standalone caf/retail building fronting US 1, and additional land with room for future development or expansion. With ample parking, quality construction, and space to build, this property is ideal for redevelopment, owner occupant use, or investment. While the structures are solidly built, they are ready for modern updates. With approximately 28,000 vehicles daily, strong visibility, and a prominent location on one of Holly Hill's busiest corridors, this is a rare and valuable acquisition opportunity.
Property Location and Similar Properties
Features
Building and Construction
- Covered Spaces: 0.00
- Living Area: 2999.00
Property Information
- Property Condition: Completed
Garage and Parking
- Garage Spaces: 0.00
- Open Parking Spaces: 0.00
Utilities
- Carport Spaces: 0.00
- Cooling: Central Air
- Road Frontage Type: City Street
Finance and Tax Information
- Home Owners Association Fee: 0.00
- Insurance Expense: 0.00
- Net Operating Income: 0.00
- Other Expense: 0.00
- Tax Year: 2024
Other Features
- Country: US
- Legal Description: 14-32-44 LOTS 1 & 2 EXC ST & LOTS 3 THRU 8 BLK A OAK RIDGE PARK HOLLY HILL MB 7 PG 18 PER OR 6036 PGS 4099-4100 PER OR 6300 PGS 1211-1212 & LOT 5 EXC RD BLK 23 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 2 PG 90 MB 12 PGS 3-4 INC MB 14 PG 21 PER OR 8 111 P
- Area Major: 32117 - Daytona Beach
- Parcel Number: 5337-33-01-0010
- Possession: Close Of Escrow
- Zoning Code: 09B4
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- Property Tax $
- Home Insurance $
- HOA Fees $
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