For Sale
$695,000

2323 Ridgewood AveSouth Daytona, FL 32119

High-Traffic Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional South Daytona, Florida commercial property presents a lucrative investment opportunity. Located at 2323 S Ridgewood Avenue, this 2,407 square foot retail building sits on a prominent corner lot with high visibility and exceptional traffic counts, boasting 28,500 AADT. Currently operating as a convenience store under a triple net (NNN) lease extending until 2035, this property offers immediate income potential. The building, constructed in 1962, is ideally situated across from Publix and Sunshine Park Mall, ensuring consistent customer flow. The property's zoning allows for a variety of uses, including restaurants, retail shops, or offices, providing flexibility for future development. The asking price is $695,000. This is a turnkey operation with a long-term lease, making it an attractive investment for those seeking a stable, income-generating asset. Note that gas stations and automotive uses are prohibited per the lease agreement. The property is situated in Volusia County, Florida, zip code 32119. This prime location offers significant potential for growth and return on investment. The property is offered as-is. Serious inquiries only.

Highlights

  • 2,407 SF retail building on a prominent corner lot in South Daytona, FL.
  • High visibility location with 28,500 AADT, situated across from Publix and Sunshine Park Mall.
  • NNN lease in place until 2035, generating immediate income.
  • Zoned for various uses including retail, restaurants, and offices.
  • Asking price: $695,000.

Property Details for 2323 Ridgewood Ave

Property type
Retail properties, Land
Square Feet
2,407 SF
Year Built
1962

Location Insight

City
South Daytona
County
Volusia
State
Florida
Latitude
29.1681508
Longitude
-80.9995172
2323 Ridgewood Ave, South Daytona, Florida

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2323 Ridgewood Ave
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