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1092 S RIDGEWOOD AVENUE

Commercial For Sale
$1,500,000

BTC: 21.93815721

ETH: 626.39111026

102 days
0 room(s)
7,435 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Prime Commercial Assemblage - 1.53 Acres with 264 ft Frontage on US1 Notice: This listing includes two parcels that are currently in the process of being assembled. This lucrative commercial property generates over $145,000 annually from various tenants. The site is ideal for development, with excellent potential for two drive-through establishments and ample parking space. It is also perfect for major retail or medical industry use, given its proximity to the YMCA, Taco Bell, Little Caesars, and Chick-fil-A. Additionally, it is adjacent to a municipal park, enhancing its appeal. This prime location offers unparalleled business opportunities in a bustling area. Proximity: 1 hour from Orlando International Airport 2 miles from New Smyrna Beach Property Overview: This amazing commercial property is currently operating as a mechanic shop alongside automotive sales, with mobile homes located in the back part of the property. The land offers significant potential for redevelopment and expansion of commercial usage. Adding a retention pond in the back can comply with necessary retention requirements if the property is expanded. Features: •High Traffic Area: Located at the entrance of the busy YMCA, ensuring a steady flow of potential customers. •Versatile Usage: The land can be combined to increase commercial property usage. •Potential for Development: Building a retention pond in the back to meet retention requirements and enhance property appeal. 2Community Redevelopment Area: This property is also located within the Community Redevelopment Area (CRA), which emphasizes the importance of revitalizing and enhancing the community. Being part of the CRA provides additional opportunities for incentives and support for redevelopment projects, making this property an even more attractive investment.

Location

Facts and features

Type:
Commercial Sale
Parking:
19 to 30 Spaces / Ground Level / RV Parking
Year Built:
1961
Lot:
1.53 Acres
Heating:
No Data
Price/sqft:
$202
Cooling:
A/C - Office Only / None
HOA:
No Data
All facts and features
  • Flooring

    • Concrete

    Cooling

    • A/C - Office Only

    • None

  • Parking

    • 19 to 30 Spaces

    • Ground Level

    • RV Parking

    Lot

    • Lot: 1.53 Acres

    Other Property Information

    • Parcel Number: 743301000320

    • Zoning: 07B3

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $3,556

  • Source details

    • MLS ID: NS1082183

    Other facts

    • Construction Materials: Block / Brick / Concrete / Stucco

    • Foundation Details: Block / Concrete Perimeter / Other / Slab

    • Lot Features: Central Business District / Corner Lot / Curb and Gutters / City Lot / Other / Sidewalk

    • Direction Faces: East

    • Other Structures: Outbuilding / Storage / Workshop

    • Living Area: 7435

    • Subdivision Name: MENDALL HOMESTEAD

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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 ©2024-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: COLLADO REAL ESTATE