Property Attributes
- MLS#NS1080576
- TypeCommercial
- CountyVOLUSIA
- CityEDGEWATER
- AreaEdgewater
- NeighborhoodRiver Edge Acres
- Zip32141
- StyleMixed Use
- Year Built1945
- Taxes$ 7976
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4842
- Lot Size1.86 Acres
Data Source:
Stellar MLS
Property Description
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.
Price History | |
---|---|
2/9/2024 | Listed $1,800,000 |
General Features
Cooling | Central Air |
---|---|
Zoning | 07B3 |
Construction Materials | Block,Concrete,Wood Frame |
Year Built | 1945 |
Property SubType | Mixed Use |
Tax Year | 2023 |
Percent Ownership | Corporation |
County | Volusia |
New Construction | No |
Property Type | Commercial Sale |
Subdivision Name | RIVER EDGE ACRES |
Facing Direction | West |
Status | Active |
Directions | South on Ridgewood/US 1 in Edgewater 1 block south of SR442/Indian River Blvd. |
City | EDGEWATER |
Buyer Agent Compensation | 3.00 |
MLS Area | 32141 - Edgewater |
Lot Size Square Feet | 81116 |
Waterfront Y/N | No |
Street Name | Ridgewood |
Tax Annual Amount | 7976.12 |
Public Remarks | 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 w |
Virtual Tour | https://www.propertypanorama.com/instaview/stellar/NS1080576 |
Days on Market | 1 |
Standard Status | Active |
Tax Lot | 21 |
Legal Description | W 125 FT OF LOTS 21 & 22 BLK 3 RIVER EDGE ACRES MB 9 PG 260 PER OR 4596 PG 1002 PER OR 5571 PG 2044 PER OR 5585 PG 1441 PER OR 6054 PGS 2634-2635 PER OR 6060 PGS 4167-4168 PER OR 7306 PG 2152 |
Interior Features
Total Stories | 1 |
---|---|
Air Conditioning Y/N | Yes |
Street Suffix | AVENUE |
Living Area Units | Square Feet |
Exterior Features
Lot Size Area | 1.8622 |
---|---|
Foundation Details | Slab |
Number of Buildings | 5 |
Building Area Total | 8285 |
Lot Dimensions | 300 x 300 |
Lot Size Acres | 1.86 |
Road Surface Type | Asphalt |
Lot Size Units | Acres |
Road Frontage Type | City Street,Divided Highway,Highway,Main Throrughfare,Turn Lanes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool