For Sale
$385,000

2309 Ridgewood AveSouth Daytona, FL 32119

Prime Restaurant Space, US-1 Frontage

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 2,170-square-foot restaurant building situated on a 0.916-acre lot in South Daytona, Florida. Located at 2309 S Ridgewood Avenue, the property boasts a highly visible corner location fronting both US-1 (S Ridgewood Avenue) and South Palmetto Avenue, ensuring significant exposure. Built in 1954, the single-story building previously housed an 80-seat restaurant and includes all existing restaurant equipment, including kitchen equipment and a walk-in cooler. The property is being sold "As Is" with no warranties. However, significant redevelopment potential exists. Should the existing structure be demolished, the site offers credits for both County Road Impact Fees and City Water/Sewer Impact Fees, streamlining the construction of a new building. Furthermore, a pre-approved curb cut to US-1 is already in place. The lot size is a generous 39,900.96 square feet, offering ample space for various uses. This property presents a unique chance to acquire a well-located commercial space in a thriving area, ideal for either continued restaurant operation or complete redevelopment. The asking price is $385,000. The property is zoned for commercial use and is located in Volusia County, Florida, zip code 32119.

Highlights

  • $385,000 asking price for a 2,170 SF retail building in South Daytona, FL.
  • 1-story, 1-unit building on a 0.916-acre lot (39,900.96 sq ft).
  • Built in 1954, previously housed an 80-seat restaurant; all restaurant equipment included.
  • Sold "As Is" with no warranties; potential for new construction with impact fee credits.
  • Located on the corner of US-1 (S Ridgewood Ave) and South Palmetto Ave, with an existing DOT-approved curb cut.

Property Details for 2309 Ridgewood Ave

Property type
Specialty properties, Retail properties
Square Feet
2,170 SF
Year Built
1954
Stories
1
Units
1

Location Insight

City
South Daytona
County
Volusia
State
Florida
Latitude
29.1685019
Longitude
-80.99981
2309 Ridgewood Ave, South Daytona, Florida

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2309 Ridgewood Ave
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