For Sale - Commercial Sale For Sale - - - - Price $1,800,000 - NS10805
2001 RIDGEWOOD
4,842 Sqft
QR Code
Property Description

The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8,200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new national chain retail. It has right in and left in ingress and over 300’ Ridgewood frontage with FDOT permitted driveway cut. The AADT count is 22,500 and elevations range from 15’-17’ without suspected wetlands. Presently, the city of Edgewater has ~15,000+ residential permits either approved and/or in the pipeline for approval. The property is also located in the CRA district which provides grant opportunities as well as commitment that a portion of the taxes will be used to enhance the property values in the area. Property has a clean Phase I environmental study. Since the properties presently have structures, there may impact fee credits available if structures are demolished. Immediately adjacent to this property is an additional 1.837 acres that may be considered as possible assemblage opportunity for a total of 3.674 acres. All parcels would provide approximately 604 linear feet of Ridgewood frontage. There are also several existing FDOT access points with these parcels.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
NS1080576
Price:
$1,800,000
Bedrooms:
Half Bathrooms:
Square Footage:
4,842 Sqft
Year Built:
1945
Lot Area:
1.86 Acre
Address Map
Country:
US
State:
FL
County:
Volusia
City:
EDGEWATER
Subdivision:
RIVER EDGE ACRES
Zipcode:
32141
Street:
RIDGEWOOD
Street Number:
2001
Floor Number:
Longitude:
W81° 6' 23.5''
Latitude:
N28° 58' 10.8''
Agent Info
Blue Sun Team
https://BlueSunRealty.com
1-813-365-3370
1-813-365-3370
angie@bluesunrealty.com
813-365-3370 - 909 E. Parker Street Lakeland, FL 33801 -