468 Ridgewood Avenue
Holly Hill, FL 32117

Listed at $1,300,000

Details

  • MLS# 1214269
  • Commercial - Business
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 1.030 acres
  • Built in 1947
  • Local Schools

Description

**Unique Investment Opportunity in Holly Hill's Redevelopment Area**Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage along US1 and spans 1.03 acres, making it an ideal investment for developers, business owners, or investors seeking income and growth opportunities.**Property Highlights:**- **Prime Location:** Just 4 miles from Halifax Hospital, Daytona International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry Riddle. Easy access to the Beachside A1A Corridor (5 miles), I-95 (6 miles),...read more and I-4 (8 miles).- **Flexible Spaces:** Comprising three stand-alone block buildings totaling over 12,000 sq ft, all featuring new galvanized metal roofs (installed in 2014 and 2017).- **Building 1:** Approximately 10,250 sq ft, two-story structure with two commercial units, seven storage units, an owners suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control.- **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes.- **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options.- **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities.**Redevelopment & Investment Potential:**This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects.**Dont miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**

Features

  • Central Air, Electric, Multi Units, Separate Meters, C
  • Carpet
  • Concrete
  • Laminate
  • Tile
  • Central, Electric, Varies by Unit
  • $9,911 Taxes
  • Public
  • Built in 1947
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All Property Features

  • Property Type: Commercial - Business
  • Business Type: Commercial, Mixed, Residential, Storage
  • Cooling: Central Air, Electric, Multi Units, Separate Meters, C
  • Days on Site: 274
  • Directions: From Ridgewood (US 1) & Mason, go north on Ridgewood property on left after 3st
  • Exterior: Block, Stucco
  • Flooring: Carpet, Concrete, Laminate, Tile
  • Fuel Type: Electric
  • Heating: Central, Electric, Varies by Unit
  • Listing Terms: Cash, Conventional
  • Lot Description: Split Possible
  • Lot Size: 1.03 Acres
  • Parcel #: 4244-01-22-0310
  • Parking: Additional Parking, Attached, Garage, Gated, Off Street, Parking Lot, RV Access/Parking, Secured, Varies by Unit
  • Property Attached Y/N: No
  • Property Sub-Type: Mixed Use
  • Road Frontage: City Street, Highway
  • Roof Type: Metal
  • Security Features: Closed Circuit Camera(s)
  • Sewer: Public Sewer
  • SQFT Total: 12518
  • Taxes: $9,911
  • Utilities: Electricity Connected, Water Connected
  • Water: Public
  • Year Built: 1947