SQUARE FEET3,504
MLS#V4945217
STATUSActive
PROPERTY TYPECommercial -
SUBDIVISIONBAYWOOD
Property Description
WOW! EXCELLENT 1031 EXCHANGE PROPERTY WITH MAJOR POTENTIALS FOR INCOME OR DEVELOPMENT. Excellent CAP RATE!! INVESTOR ALERT! Great location on High Traffic US Hwy 1/S Ridgewood. . 0 .9 ACRE Land with Two-Three Income Centers. Presently all leased. N/N/N Leases. Property owned by same family for 50 years. Very flexible income producing property. Building 1 3,000sf leased. Building 2 & Parking Lot Leased. Room for additional tenantsPrivate Remarks: All tenant leases N/N/N Total income $7K/mo /$84K/yr. Building 1 recently remodeled and updated. Potential for development in high traffic area., Being sold in ''AS IS'' condition. Buyers must have proof of funds or show 1031 Exchange funds. Tenant leases have new property owner termination clauses, if required.
Property Features
Property Type: Commercial -
Cooling: Central Air, Zoned
Lot Size: 0.71 Acres
Taxes: $6,019
Year Built: 1973
Feature Descriptions
Days on Site: 153
Directions: I-95 exit to US 92 East to 1/2 Mile past Nova Road.
Exterior: Block
Flood Zone Code: X
Foundation: Slab
Home Warranty Y/N: No
Lot Dimensions: 0.71
Ownership: Sole Proprietor
Property Attached Y/N: No
Property Sub-Type: Business
Sale Includes: Building(s) and Land, Leases, Other
Sewer: Public Sewer
Showing Instructions: Call Listing Agent
Special Sale Provisions: None
Water: Public
Water Access Y/N: No
Zoning: AUTO SALES
Listed By / Shown By
Listed By
Agency Name: WATSON REALTY CORP.
Agency Contact: 386-767-2890
Shown By
Agency Title: Adams Cameron & Co. REALTORS - Commercial
Agency Phone: (386) 252-3120
5840 S Ridgewood Avenue | MLS# V4945217
This commercial property located at 5840 S Ridgewood Avenue, Port Orange, FL 32127 is currently listed for sale with an asking price of $850,000. Search Port Orange real estate on www.adamscameroncommercial.com today.