5901 S Ridgewood Avenue, Port Orange, FL

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$850,000

($189/sqft)

List Status: Active
5901 S Ridgewood Avenue
Port Orange, FL 32127


4504 living sqft
Top Features
  • Built in  1946
  • Style: Comm-Land & Bldg Incl
Description
GREAT 1031 EXCHANGE PROPERTY - This is a very Productive Income Producing Property with Restauant Lease (3yr+) and Residence (SFR or Duplex). Property is located on very busy US Hwy 1 (Ridgewood) at Intersection 4-way traffic light. High Visibility. Good parking on site and on Palm Ave side street. Rest, Bldg has new roof, New HVAC, New Plumbing, New Electric Panels. Residence bldg has New Roof, New HVAC, New Plumbing, New Electric. (Can be converted back to Duplex). Excellent Income. Go Visit!
Property Details

Property Information

# Parking15
# Units2
Access/transport4 Lane, City, Interchange, See Remarks, US Highway
Acreage0.37
Air ConditioningCentral, Mixed
Area21 - Port Orange S of Dunlawton, E of 95
Bldg Type/locationCommercial, Free Standing, Mixed Use, See Remarks
Ceiling Height11 - 14 Feet High
ConstructionConcrete Block, See Remarks, Stucco
CountyVolusia
Current # Tenant2.0000
Depth140.00
DirectionsDnlawton Ave, RT on Nova Rd to End at Intersection with Ridgewood Ave
Facility NamePaved
HeatingCentral, Mixed
Interior ImprovementDisplay Window, Kitchen Facility, Private Restrooms, Public Restrooms, See Remarks
Lot Size138X112X140X119
Meters: # Electric Meters2
Meters: # Gas Meters1
Meters: # Water Meters2
ParkingGuest, Lighted, On Street
Possible UseBar/Tavern, Food Store, General Office, General Retail, Office/Showroom, Professional, Professional Service, Restaurant, Wholesale
Road Frontage119.00
RoofAsphalt, Metal, Pitched/Sloped, Rolled
SewerPublic Sewer
Site ImprovementsCleared Only, Curb/Sidewalks, Pole Sign
Sqft - Bldg16117.00
Sqft - Total4504.00
Sqft SourceProperty Appraiser
Sqft: Largest Contiguous1744.00
Sqft: Occupied Sqft3464.00
State/provinceFL
StyleComm-Land & Bldg Incl
Utilities On Site400 Amp, Three Phase
WaterCity
Year Built1946
Zip Code32127
ZoningOther

Financial / Legal Info

As Is CondYes
Base Lease100.00
Document Timestamp2023-11-20T21:12:13
Governing BodyRestaurant & Residen
Included In SaleBuilding, Good Will, Land, Signs - Owned
Income/operating Inc: Gross Income61200.00
Income/operating Inc: Noi55989.00
Lease Provisions3 - 5 Years, Less than 1 Year, Renewal Option
List Price850000.00
List Price/sqft188.72
Special ConditionsNone
Tax Id6314-03-14-0160
Neighborhood Map
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MLS #1116446 Listing courtesy of Watson Realty Corp. provided by Daytona Beach Area Association of REALTORS.

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