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5993 S RIDGEWOOD AVENUE

Commercial For Sale
$3,500,000

BTC: 116.66666667

ETH: 1,750.00000000

241 days
Waterfront
0 room(s)
7,784 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

NOW THIS IS A HIDDEN TREASURE!! (; Located in a prime, high-traffic area off of U.S. 1 (approx 3,200 cars per hour) this commercial waterfront property, known as "Hidden Treasure" -- offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1.17 acres of land plus an additional 1+ acre of water access leased through DEP. In addition, 3 well-maintained buildings, each designed to accommodate a range of business operations, from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place.) This piece of real estate can accommodate up to 325 people at once! Alongside the buildings, there are 3 spacious docks and seawall with 16 boat slip(s) and power/water ... perfect for boat traffic, water sports rentals, or any maritime-based ventures. Imagine a second level ... or rooftop ... Imagine a fuel station for local boaters ... Imagine monthly rentals for boat slips ... THE ROI IS LIMITLESS WITH THIS OPPORTUNITY! With an ample parking lot and 95 parking spots, the property can easily accommodate high customer volumes, ensuring smooth operations year-round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility, making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water. The ample space allows for potential expansion or diversification, providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular Tiki Bar and Grille, a well-established hotspot for locals and tourists alike, offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid-back vibe, the Tiki Bar is a favorite spot to unwind, making it a lucrative business on its own. Additionally, the property also features a successful watercraft/jet ski rental business, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location. Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime Rose Bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait ... CALL TODAY FOR MORE INFO! ALL INFORMATION DEEMED TO BE TRUE BUT NOT GURANTEED.

Location

Facts and features

Type:
Commercial Sale
Parking:
Ground Level / Lighted / Other / Over 30 Spaces
Year Built:
1949
Lot:
1.17 Acres
Heating:
Central / Wall Units / Window Unit / Zoned
Price/sqft:
$450
Cooling:
Other
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    • Other

    • Tile

    Heating

    • Central

    • Wall Units / Window Unit

    • Zoned

    Cooling

    • Other

  • Parking

    • Ground Level

    • Lighted

    • Other

    • Over 30 Spaces

    Property

    • Levels: Two

    Lot

    • Lot: 1.17 Acres

    Other Property Information

    • Parcel Number: 631403170010

    • Zoning: RC

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Restaurant

  • Utility

    • Electricity Available

    • Public

    • Water Connected

  • Other financial information

    • Annual tax amount: $5,900

  • Source details

    • MLS ID: V4941625

    Other facts

    • Construction Materials: Block / Concrete / Stucco

    • Foundation Details: Block / Pillar/Post/Pier / Slab

    • Lot Features: Corner Lot / City Lot / Near Public Transit / Oversized Lot / Sidewalk / Waterfront

    • Direction Faces: South

    • Other Structures: Outbuilding / Storage

    • Waterfront: Yes

    • Water Body Name: ROSE BAY, HALIFAX RIVER/CANAL

    • Living Area: 7784

    • Water Source: Public

    • Lot Size Dimensions: 188 x 103

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LPT REALTY, LLC