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3090 Ridgewood Dr

10,500 SF 100% Leased Retail Building Daytona Beach, FL 32119 $1,990,000 ($190/SF)

Investment Highlights

  • The best traffic area of US-1.
  • Open plan with room for growth on the second floor. Solid masonry structure.
  • Great visibility from any point of view.
  • Full renovations underway, due to complete July 2024

Executive Summary

Looking for an exciting investment opportunity? Standing on a busy corner lot by US-1, this incredible commercial property presents endless potential! Through glass-inlaid doors, enter this two-level concrete building and discover an extensive interior with two-story ceilings, a generous loft area, an elevator, a private office, and large display windows for marketing. A versatile open-concept layout offers a blank canvas for creative imaginations - picture a trendy boutique, an an ample warehouse with a storefront, a toys rental store, or even a comfortable co-working or event space, or an upscale gym. A side access door opens to a gated 4.5 ft. deep pool and a sun-kissed deck at the back. With ample room for expansion on the upper floor this property offers flexibility for any setup. Other notables are the rear entry to facilitate deliveries, abundant storage areas, and 23 front parking spaces for convenience. Its fantastic location ensures exposure, with local shopping, dining, riverfront promenade, 2 miles away from the beach, and endless entertainment nearby. Come grab this one-of-a-kind chance before it passes you by! ***Only the land and building are for sale***

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,500 SF
Building Class
B
Year Built
2007
Price
$1,990,000
Price Per SF
$190
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
2 Exterior
Building FAR
0.37
Land Acres
0.65 AC
Opportunity Zone
Yes
Zoning
Retail - Retail, warehouse, manufacturing
Parking
23 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
150 FT on US-1

Amenities

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5334-07-00-0031
Land Assessment
$142,500 (2024)
Improvements Assessment
$997,571 (2024)
Total Assessment
$1,140,071 (2024)
  • Listing ID: 31728114

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 3090 Ridgewood Dr, Daytona Beach, FL 32119

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