EDGEWATER, FL 32132 1015 S RIDGEWOOD AVENUE
$525,000



25 more

























Presented By: THE BARNETT GROUP, INC. with 386-426-7234. - 386-426-7234
Home Details
Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you’re an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave – one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200’ of Ridgewood Ave. frontage. The property is located in the CRA District as well as the Opportunity Zone. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed.
Presented By: THE BARNETT GROUP, INC. with 386-426-7234. - 386-426-7234
Interior Features for 1015 S RIDGEWOOD AVENUE
Bathrooms
Total Baths
Other Interior Features
LivingAreaSourcePublic Records
Air Conditioning Y/NYes
FlooringTile
Heating Y/NYes
Total Stories1
General for 1015 S RIDGEWOOD AVENUE
Additional Parcels Description743306010040
Additional Parcels Y/NYes
Building Area UnitsSquare Feet
CityEDGEWATER
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyVolusia
DirectionsSouth on Ridgewood Ave. to address on the east side at the intersection of Turgot and S. Ridgewood Ave.
Facing DirectionWest
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral, Electric
Legal DescriptionLOTS 1 2 & 3 EXC W 34 FT IN RD & LOT 5 BLK A TURGOT TERRACE MENDALL HOMESTEAD PER OR 4413 PG 2682 PER OR 5625 PG 3080
Living Area UnitsSquare Feet
Lot Size Square Feet23900
Lot Size UnitsSquare Feet
MLS Area32132 - Edgewater
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
PossessionClose Of Escrow
Property ConditionCompleted
Property SubtypeRestaurant
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameTURGOT TERRACE MENDALL HOMESTEAD
Tax Annual Amount6557.4
Tax Lot1
Tax Year2025
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1976
ZoningCOMM. - B3
Exterior for 1015 S RIDGEWOOD AVENUE
Building Area Total2009
Foundation DetailsSlab
Lot Dimensions200 x 145
Lot FeaturesCentral Business District, Corner Lot, Oversized Lot
Lot Size Acres0.66
Lot Size Area23900
Number of Buildings1
Number of Lots2
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Parking FeaturesGround Level
Road Frontage TypeBusiness District, City Street, Divided Highway, Turn Lanes
Road ResponsibilityPublic Maintained Road
Road Surface TypeAsphalt
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Lori Maya Sharabani
Realtor®
SQFT • 1,957