5840 S Ridgewood Avenue
Port Orange, FL 32127

Listed at $850,000

Details

  • MLS# V4945217
  • Commercial -
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 3,504 Square Feet
  • 0.710 acres
  • Built in 1973
  • Local Schools

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...read more proof of funds or show 1031 Exchange funds. Tenant leases have new property owner termination clauses, if required.

Features

  • Central Air, Zoned
  • $6,019 Taxes
  • Public
  • Built in 1973
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Cooling: Central Air, Zoned
  • Days on Site: 156
  • 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
  • Lot Size: 0.71 Acres
  • 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
  • Taxes: $6,019
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1973
  • Zoning: AUTO SALES