1015 S Ridgewood Avenue , Edgewater, FL 32132

$525,000
  • 1015 S Ridgewood Avenue , Edgewater, FL 32132 Main Photo

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New to the Market Active
SQUARE FEET2,009 MLS#NS1087926
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONTURGOT TERRACE MENDALL HOMESTEAD

Property Description

Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave - one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed. Measurements are approximate. Buyers and their agents must verify all information that is important to them.

1015 S Ridgewood Avenue | MLS# NS1087926

This commercial property located at 1015 S Ridgewood Avenue , Edgewater, FL 32132 is currently listed for sale with an asking price of $525,000. Search Edgewater real estate on www.floridaexecutiverealty.com today.

Property Features

Property Type: Commercial -
Cooling: Central Air
Heating: Central, Electric
Lot Size: 0.66 Acres
Stories: 1.0
Taxes: $6,557
Year Built: 1976

Feature Descriptions

Days on Site: 1
Directions: South on Ridgewood Ave. to address on the east side at the intersection of Turgot and S. Ridgewood Ave.
Exterior: Brick, Concrete
Flood Zone Code: X
Flooring: Tile
Foundation: Slab
Home Warranty Y/N: No
Lot: Central Business District, Corner Lot, Oversized Lot
Lot Dimensions: 0.66
Ownership: Fee Simple
Parking: Ground Level
Parking Notes: Ground Level
Property Attached Y/N: No
Property Sub-Type: Restaurant
Road Frontage: 200
Sewer: Public Sewer
Showing Instructions: Appointment Only
Special Sale Provisions: None
Water: Public
Water Access Y/N: No
Zoning: COMM. - B3

Listed By / Shown By

Listed By

Agency Name: THE BARNETT GROUP, INC.
Agency Contact: 386-426-7234

Shown By

Agency Title: Florida Executive Realty
Agency Phone: 813-908-8500

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