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