MLS # NS1080576,
Listed by THE BARNETT GROUP, INC.|386-426-7234
2001 S Ridgewood Avenue is a $1,800,000, 8,285 square foot home on a 1.86 acre lot located in Edgewater, FL.
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.
| Interior Features | Slab |
| Cooling Types | Central Air |
| Exterior Features | West Vacant City Street Divided Highway Highway Main Throrughfare Turn Lanes Asphalt None exteriorfeature2265 |
| Construction Types | Block Concrete Wood Frame |
| Property Type | Commercial Sale |
| Property Sub Type | Mixed Use |
| Year Built | 1945 |
| HOA Fee | $0.00 |
| Taxes | $7,976.00 |
| County | volusia |
| Neighborhood | River Edge Acres |
Based on information from Stellar MLS, last updated 07/27/2024 at 04:25am MDT. Listing 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 deemed reliable but not guaranteed by the MLS or this website.
