619 N Ridgewood Avenue
Daytona Beach, FL 32114

Listed at $2,600,000

Details

  • MLS# O6383052
  • Commercial -
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 9,806 Square Feet
  • 0.790 acres
  • Built in 1946
  • Local Schools

Description

Exceptional investment opportunity in the heart of Daytona Beach. This 23-room income producing hotel is ideally positioned along highly trafficked N Ridgewood Avenue (US-1), offering outstanding visibility and consistent drive-by exposure. The property is located just minutes from the area's world-famous beaches, providing strong year-round tourism demand, and offers convenient access to Daytona International Speedway and International Speedway Blvd, placing it in one of the region's most active hospitality corridors. Daytona Beach draws significant annual tourism supported by major events including the Daytona 500, Rolex 24 at Daytona,...read more Coke Zero Sugar 400, Daytona Beach Bike Week, and Biketoberfest, all of which bring substantial visitor traffic and lodging demand to the market.The property presents a strong value-add opportunity with the potential to add up to five additional guest rooms within the existing structure. The rear portion of the property also offers space for possible expansion, allowing investors the opportunity to further increase room count and revenue potential. This asset is well suited for investors seeking a strategically located hospitality property with upside potential in a high-traffic, tourism-driven market.

Features

  • Wall/Window Unit(s)
  • 1.0 Story
  • $6,239 Taxes
  • Public
  • Built in 1946
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Cooling: Wall/Window Unit(s)
  • Days on Site: 17
  • Directions: From I-95, take Exit 261 for International Speedway Blvd (US-92) toward Daytona Beach. Head east on International Speedway Blvd for approximately 5 miles. Turn left onto N Ridgewood Ave (US-1). Continue north on N Ridgewood Ave. Property will be located a
  • Exterior: Block, Concrete
  • Flood Zone Code: X
  • Foundation: Slab
  • Home Warranty Y/N: No
  • Lot Dimensions: 0.79
  • Lot Size: 0.79 Acres
  • Number of Offices: 1
  • Number of Restrooms: 23
  • Ownership: Sole Proprietor
  • Parking: Parking Spaces - 19 to 30
  • Parking Notes: Parking Spaces - 19 to 30
  • Property Attached Y/N: No
  • Property Sub-Type: Hotel/Motel
  • Sale Includes: Building(s) and Land, Furniture/Fixtures
  • Security: Fire Alarm, Security System, Smoke Detector(s)
  • Sewer: Public Sewer
  • Showing Instructions: Call Listing Agent
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $6,239
  • Water: Public
  • Water Access Y/N: No
  • Year Built: 1946