Active

2001 S RIDGEWOOD AVE

EDGEWATER FL, 32141

$1,800,000


$371.75 per sqft

Active

4,842 sqft

Commercial

Built in 1945

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.

NS1080576

MLS ID

February 9, 2024

Listed

August 23, 2024

Updated

Map

2001 S RIDGEWOOD AVE
EDGEWATER FL, 32141

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

1.86 Acres

Other Property Details

Area Name

32141 - Edgewater


Taxes

$7,976


Tax Frequency

Annually


Garage

No


View

No


County

Volusia


Municipality

18S


Pool

No


Zoning

07B3

Listed by THE BARNETT GROUP, INC.
Listing Contact: 386-426-7234 

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Data last updated 8/23/2024, 12:06 PM UTC

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