Active
740 N RIDGEWOOD AVE
DAYTONA BEACH FL, 32114
$2,300,000
$283.53 per sqft
Active
8,112 sqft
Commercial
Built in 1949
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.
V4932230
MLSⓇ ID
September 12, 2023
Listed
September 18, 2024
Updated
Map
740 N RIDGEWOOD AVE
DAYTONA BEACH FL, 32114
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
1 Acre
Roof
Other
Other Property Details
Area Name
32114 - Daytona Beach
Taxes
$5,832
Tax Frequency
Annually
Days on Market
230
Garage
No
View
No
County
Volusia
Municipality
15
Pool
No
Listed by REALTY PROS ASSURED
Listing Contact: 386-677-7653
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Stellar MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Loretta Burn participates in the Stellar MLS Internet Data Exchange (IDX) program, allowing display of other Stellar MLS broker's listings on this site. However, may not include all listings currently available. Information is deemed reliable but not guaranteed. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
©2024 Stellar MLS. All rights reserved.
Data last updated 9/18/2024, 9:58 PM UTC