Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    1.78

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $1,750,000

  • Tax Amount

    1966.0

  • Sq. Footage

    2, 999

  • Price/SqFt

    $583

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Foundation Details

    Slab

  • Ownership

    Corporation

  • Tax Lot

    5

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Location

County

Volusia

Elementary School

Middle School

High School

Listing Courtesy of Walter Borgen , RE/MAX SIGNATURE

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Incredible opportunity on US-1, this high visibility commercial property offers over 1.78 acres of land with excellent signage and frontage along Ridgewood Avenue in Holly Hill. Located in a designated Opportunity Zone and zoned CC-1 Commercial, the site allows for a wide range of uses including retail, professional or medical offices, multifamily development, and community-based services. The property includes four separate structures: a nearly 10,000 sq ft two-story building, a 1,600 sq ft single-family residence with a detached 2-car garage, a 550 sq ft standalone café/retail building fronting US-1, and additional land with room for future development or expansion. With ample parking, quality construction, and space to build, this property is ideal for redevelopment, owner-occupant use, or investment. While the structures are solidly built, they are ready for modern updates. With approximately 28,000 vehicles daily, strong visibility, and a prominent location on one of
Holly Hill's busiest corridors, this is a rare and valuable acquisition opportunity.

501 RIDGEWOOD AVENUE

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With over 200 feet of front exposure located on the east side of South Ridgewood (US. Hwy1) and just about a mile south of International Speedway Blvd, this professional office building is located in the historic district of Daytona Beach. Get a high ROI and have a turn key income producing property in a fabulous location, being in immaculate condition with the roof replaced in 2020, all 8 HVAC systems/units have been replaced starting from 2014 to 2021. The parking lot (43 spaces plus 4 handicap) was also resurfaced in August of 2021, with the walkways having a miracote coating in December of 2021. The office building features 17 offices on the ground level and 13 office spaces on the 2nd level for a total of 30 office spaces.There are also 2 reception areas, one on the ground floor and the other on the 2nd floor. Your new investment is just a few blocks away from Beach St (downtown Historic Daytona Beach) where the area has been gentrified with new waterfront parks, restaurants, retail shops and condos being built as well. (developer plans to build a 307-unit apartment complex on the north end of Beach Street, between the new Brown & Brown building and Michigan Avenue) In recent years the Brown & Brown Insurance 11-story headquarters in Daytona Beach, Florida, was completed and opened in early 2021, adding even more value to the surrounding area! Across the street from your new investment on the west side of Ridgewood, the city is building the Daytona Beach Fire Station & Administration Building, to be completed in 2026. These improvements in the City of Daytona Beach have further established the area being a hub for professional businesses and offices. All information recorded in the MLS intended to be accurate but cannot be guaranteed.
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None Beds

None Baths

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$1,499,900

MLS#: FC307994

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Description: E 115 FT OF LOT 1 & S 10 FT OF E 115 FT OF LOT 2 EXC HIWAY B LK 21 DAYTONA  OR 4431 PGS 4691-4730  OR 6032 PG 1597 OR 6365 PGS 0877-0878  OR 6818 PG 3269  OR 8392 PG
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