740 N RIDGEWOOD AVENUE
Daytona Beach, FL 32114
0.70 acres | #V4940703
Description
740 N Ridgewood Ave, Daytona Beach, FL: Investment property opportunity this parcel includes 4 storages/retail/offices spaces and fully equipped turnkey modern restaurant. Also available, 0 N Ridgewood Ave, Daytona Beach, FL (Land Lot - Acres: 0.2975) at additional cost, this land lot will be an ideal addition for extra parking or to build. (Vacant Lot MLS: 1201333). Call for land pricing.
Prime Investment Opportunity in the Heart of the City!
This exceptional investment opportunity is truly a once-in-a-lifetime find! Situated on a full acre of income-producing property, this site boasts 300 feet of frontage on US-1, offering maximum exposure with approximately 60,000+ vehicles passing by daily.
At the heart of this property is a brand-new, turn-key restaurant/bar, meticulously designed with top-of-the-line furnishings and appliances. Upon entry, guests are welcomed by an awe-inspiring ambiance that seamlessly blends contemporary elegance with rustic charm. The 1,925 sq. ft. restaurant features a modern open-concept layout with four drive-thru windows, stylish décor, and high-end finishes, including a harmonious mix of wood, metal, and marble accents. Additionally, there is 600+ sq. ft. of outdoor dining space, providing an inviting atmosphere for patrons. The restaurant is equipped with a 1,250-gallon grease trap and is fully furnished, making it a true turn-key operation. The landscaped parking lot is beautifully designed with lush greenery and lighting, enhancing the property's curb appeal.
Beyond the restaurant, the property includes a 6,300 sq. ft. commercial building, originally built in 1986 and thoughtfully updated with modern enhancements, including a new roof (2021), gutters, soffits, LED lighting, and bathroom renovations. This versatile building features four units, each with its own bathroom, and is currently utilized as office space and storage. The three smaller units are 1,400 sq. ft. each, while the largest is 2,000 sq. ft., offering ample flexibility for various business needs.
This property is being sold AS-IS and by appointment only. Don't miss your chance to invest in what could be the next big thing!
All information is sourced from tax records and, while deemed reliable, is not guaranteed.
Property Details
- Utility FeaturesSewer Connected, Water Connected
- SubdivisionJ W RAWLINGS INC
- Sewer InformationPublic Sewer
- Original List Price$1,950,000
- Property TypePurchase
- MLS #V4940703
- MLS #V4940703
- CountyVolusia
- Cost1950000
- Utility SourcePublic
- Taxes Annual$7,640
- Property SubtypeLand
- Acres0.7
- Days on Market (Cumulative)1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Darren Greene
Last Updated: . Source: SMLS
Listing Courtesy
Listing Agent: Cheryl Gray (#MFR253010409)
Listing Office: OCEANS LUXURY REALTY FULL SVC (#MFR253002345)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.