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1015 S RIDGEWOOD Ave

edgewater, FL 32132

$525,000

    Interested? Let's Connect

    Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you’re an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave – one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200’ of Ridgewood Ave. frontage. The property is located in the CRA District as well as the Opportunity Zone. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed.

    Details

    1,957 Sq Ft

    0.66 Private Acres Lot Size

    commercial

    $546 Monthly Tax

    Built in 1976

    MLS/Listing ID NS1087926

    1 Stories

    Amenities & Features

    Cooling - Central Air

    Construction - Brick

    Construction - Concrete

    Public Water

    Public Sewer

    Parking - Ground Level

    Lot - Central Business District

    Lot - Corner Lot

    Lot - Oversized Lot

    Heating - Electric

    Slab

    Tile

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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