2001 S Ridgewood Ave, Edgewater, FL

$1,800,000

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1.86

Acres

About 2001 S Ridgewood Ave

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 andand/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.

Features of 2001 S Ridgewood Ave

MLS® # 1119337
Price $1,800,000
Acres 1.86
Year Built 1945
Type Commercial/Industrial
Sub-Type Comm-Land & Bldg Incl
Status Active

Community Information

Address 2001 S Ridgewood Ave
Area 80 - Edgewater
City Edgewater
County Volusia
State FL
Zip Code 32141

Amenities

Features Curb/Sidewalks
Is Waterfront No

Interior

Heating Central
Cooling Central

Exterior

Lot Description 300x300
Construction Concrete Block

Additional Information

Zoning B-3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Barnett Group Inc.

Listing Map

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