1635 Ridgewood AVE Pending

South Daytona,FL 32119

$ 1695000

- Bed

0 Bath

15171 SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Pending

Purchase Type For Sale

Square Footage 15,171 sqft

Price per Sqft $111

MLS Listing ID 1117888

Originating Board Daytona Beach Area Association of REALTORS®

Year Built 1987

Annual Tax Amount $19,768

Lot Size 0.840 Acres

Lot Dimensions 0.84

Property Description

Fully stabilized, concrete block construction office building for sale in high traffic, growing area.
Currently 95% occupied with upside to continue to increase rents to market rate.
The property consists of 8 first floor office spaces with 26 small, executive suites on the second floor.
Just minutes from Daytona Beach, Daytona International Speedway, and Daytona Beach International Airport.
Take advantage of an opportunity to purchase a property that is performing, has upside, and no looming deferred maintenance. Foam roof (top of the building) is 10 years old. Silicone coating applied in 2023 rated for 15 years.
Steel roof is 10 years old. Sure-Cril Acrylic coating applied in 2023.
10/12 air conditioning units have been replaced in the past two years.
The property is equipped with a commercial elevator.

Location

State FL

County Volusia

Direction Located on busy S. Ridgewood Avenue (US-1) in South Daytona just south of Beville Road.

Others

Senior Community No

Tax ID 5344-16-00-0588

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