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5840 S RIDGEWOOD AVENUE

Commercial For Sale
$850,000

BTC: 28.33333333

ETH: 425.00000000

63 days
0 room(s)
3,504 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. Excellent CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .9 ACRE Land with Two-Three Income Centers. Presently all leased. N/N/N Leases. Property owned by same family for 50 years. Very flexible income producing property. Building 1 3,000sf leased. Building 2 & Parking Lot Leased. Room for additional tenants Private Remarks: All tenant leases N/N/N Total income $7K/mo /$84K/yr. Building 1 recently remodeled and updated. Potential for development in high traffic area., Being sold in ''AS IS'' condition. Buyers must have proof of funds or show 1031 Exchange funds. Tenant leases have new property owner termination clauses, if required.

Location

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1973
Lot:
0.71 Acres
Heating:
No Data
Price/sqft:
$243
Cooling:
Central Air / Zoned
HOA:
No Data
All facts and features
  • Cooling

    • Central Air

    • Zoned

  • Lot

    • Lot: 0.71 Acres

    Other Property Information

    • Parcel Number: 3689551

    • Zoning: AUTO SALES

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Business

  • Other financial information

    • Annual tax amount: $6,019

  • Source details

    • MLS ID: V4945217

    Other facts

    • Construction Materials: Block

    • Foundation Details: Slab

    • Direction Faces: North

    • Living Area: 3504

    • Water Source: Public

    • Subdivision Name: BAYWOOD

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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: WATSON REALTY CORP.