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.
Property Details
Price:
$1,800,000
MLS #:
NS1080576
Status:
Active
Beds:
0
Baths:
0
Address:
2001 S RIDGEWOOD AVENUE
Type:
Commercial
Subtype:
Mixed Use
Subdivision:
RIVER EDGE ACRES
Neighborhood:
32141 – Edgewater
City:
EDGEWATER
Listed Date:
Feb 9, 2024
State:
FL
Finished Sq Ft:
8,285
Total Sq Ft:
8,285
ZIP:
32141
Lot Size:
81,116 sqft / 1.86 acres (approx)
Year Built:
1945
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Block, Concrete, Wood Frame
Financial
Tax Year
2023
Taxes
$7,976
Map
Community
- Address2001 S RIDGEWOOD AVENUE EDGEWATER FL
- SubdivisionRIVER EDGE ACRES
- CityEDGEWATER
- CountyVolusia
- Zip Code32141
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Courtesy of THE BARNETT GROUP, INC.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Stellar MLS. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Stellar MLS. All rights reserved.
2001 S RIDGEWOOD AVENUE
EDGEWATER, FL
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