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5901 S Ridgewood Avenue

Port Orange, FL 32127
  • $825,000
  • STATUS: Active
  • ON SITE: 602 days
  • MLS #: 1063725
UPDATED: 31 min ago
$825,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1946
County:

School Ratings & Info

Description

EXCELLENT LOCATION TWO BUILDINGS & LAND (the restaurant $3K/mo & house $1.6K/mo are leased). ALL REFURBISHED with new roofs, plumbing, electrical, floors, etc. Major updating completed to property. New HVAC units. This property sits at intersection of US Hwy 1 & FL-5A (Nova Road) with vehicle count 25,000+/day. Investors take notice, RD Zoning. Approved for any combination of offices and residential in second building. House completely redone for offices or single family. Lease $1500/mo. Restaurant Lease is $3.5K/mo. CAP RATE 6.0% Note: Three (3) property tax ID's in sale 631403140160, 631403140150, & 631403140161. Watson Realty Corp will hold Escrow. Watson Title Services will do title workl.This perfect location in high growth area within very popular Port Orange near Inter-coastal and Atlantic Ocean.Near beaches, shopping, services, etc. Property being sold ready for business. No present income. Seller may offer financing for up to maximum 25% depending on offer and buyer qualifications. Three property ID's included in sale (1) 631403140160 (2) 631403140150 (3) 631403140161

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© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach II. Data last updated: 2021-06-18T19:24:14.957.
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5901 S Ridgewood Avenue Port Orange, FL 32127

  • Price: $825,000
  • Status: Active
  • Updated: 31 min ago
  • MLS #: 1063725
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1946
Built
Neighborhood:
Port Orange S of Dunlawton, E of 95
County:
Volusia
Area:
Port Orange S of Dunlawton, E of 95
Property Description
EXCELLENT LOCATION TWO BUILDINGS & LAND (the restaurant $3K/mo & house $1.6K/mo are leased). ALL REFURBISHED with new roofs, plumbing, electrical, floors, etc. Major updating completed to property. New HVAC units. This property sits at intersection of US Hwy 1 & FL-5A (Nova Road) with vehicle count 25,000+/day. Investors take notice, RD Zoning. Approved for any combination of offices and residential in second building. House completely redone for offices or single family. Lease $1500/mo. Restaurant Lease is $3.5K/mo. CAP RATE 6.0% Note: Three (3) property tax ID's in sale 631403140160, 631403140150, & 631403140161. Watson Realty Corp will hold Escrow. Watson Title Services will do title workl.This perfect location in high growth area within very popular Port Orange near Inter-coastal and Atlantic Ocean.Near beaches, shopping, services, etc. Property being sold ready for business. No present income. Seller may offer financing for up to maximum 25% depending on offer and buyer qualifications. Three property ID's included in sale (1) 631403140160 (2) 631403140150 (3) 631403140161
Exterior Features

Construction Concrete BlockMetalStucco Depth 144.00 Highway Access Yes Parking LightedLot Parking Spaces 30 Rail Access No Road Frontage 115.00 Road Type Us Hwy Roof Metal Site Improvements Cleared OnlyCurb/SidewalksOutbuildingPole SignSecurity Fencing

Interior Features

Air Conditioning Central Heating Central Interior Improvement Kitchen FacilityPrivate RestroomsPublic Restrooms Retail 2180.00 Sq Ft Vacant 3900.00

Property Features

Access Transport 4 LaneDividedSee RemarksState HighwayUs Highway As Is Condition No Base Lease 3.00 Building Type Location CommercialFree StandingMixed UseOffice BuildingSee Remarks Business Income Opportunity Restaurant Business Type Retail Commercial Property Name Chicken Coop Commercial Style Comm-Land & Bldg Incl Current Number Of Tenants 0.0000 Current Use Vacant Electric Meters 2 Financial Package No Franchise Opt In No Gas Meters 0 Homestead Exemption No Includedin Sale Business NameFixturesGood WillLandSigns - Owned Lease Type Triple Net Nrr Req No Per Month 5000.00 Possible Use Bar/TavernGeneral OfficeProfessionalRestaurant Sewer Public Sewer Special Contingency No Sq Ft Source Property Appraiser Tax Year 2018 Taxes 1959.00 Utilities On Site 440 Volt SvcThree Phase Water Meters 2 Zoning Text Rest/Pkg Lt/Comm

Listing courtesy of Robert Brewster of Watson Realty Corp..


© 2021 Daytona Beach Area Association of Realtors®, Inc.All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NextHome At The Beach II. Data last updated: 2021-06-18T19:24:14.957.
 
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