$2,300,000

740 N Ridgewood Avenue, Daytona Beach, FL 32114

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$2,300,000

740 N Ridgewood Avenue Daytona Beach, FL 32114

For Sale MLS# V4932230

Commercial

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Data current as of 19/04/2024 21:39:49

Details for 740 N Ridgewood Avenue

MLS# V4932230

Description for 740 N Ridgewood Avenue, Daytona Beach, FL, 32114


Nested in the heart of the city, this unique investment opportunity is a once of a lifetime find! This business arrangement is made up of an acre of income producing properties and 300 sqft of frontage on US-1 with approximately 60,000+ vehicles driving by daily. On this property you will find a brand new restaurant/bar, a set of storage units or offices and a vacant lot next door. Cleared and ready to build on; The seller didn't hold back building this turn-key fully furnished restaurant. The restaurant offers an exquisite space where design, top of the line furnishings, and appliances are in place. Upon entering you are instantly greeted by an awe-inspiring ambiance that marries contemporary elegance with a touch of rustic charm! The restaurant/bar boasts an open concept layout featuring 4 drive thru windows. The interior design is a testament to modern sophistication, tasteful decor and a harmonious blend of wood, metal and marble accents. The restaurant is 1925 sq ft with a 1250-gallon grease trap and an extra 600+ sq ft of outside dining. The parking lot is fully landscaped with beautiful plants and lighting. The back building was built in 1986 and has many upgrades including a 2021 roof. Let your mind run wild and make this space creative. This 6300 sq ft building has 4 units and 8 bathrooms and is currently being used as office space and storage. Recent upgrades are roof, gutters, soffit doors, LED lighting, and bathroom upgrades. 3 of the units are 1400 sq ft and the last one is 2000 sq ft. Parcel 2 is a 0.3 acre vacant-cleared lot zoned BA. This could be used as additional parking or its ready to build (utilities already at site). This property is AS-IS only and by appointment only. Don't miss the opportunity to be NEXT BEST THING! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.

Listing Information


Property Type: Commercial

Status: Active

Lot Size: 1 Acres

Year Built: 1949

Construction: Block,Concrete

Foundation: Slab

County: Volusia

Utilities


Cooling: Central Air

Exterior / Lot Features


Roof: Other

Driving Directions


Head east on W Granada Blvd toward N Thompson Creek Rd; to right on S Yonge St; Destination will be on the right

Financial Considerations


Tax/Property ID: 533810000030

Tax Amount: 5832

Tax Year: 2022

Price Changes


$2,300,000 Original Price
$2,300,000 Current Price
$0Total Change
Date Price Change
02/27/2024 08.09 PM $2,300,000
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The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
Currently not available.

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Schools nearby 740 N Ridgewood Avenue

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Schools nearby Grades Distance SchoolDigger® Rating i
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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