$445,000

101 N Ridgewood Avenue

Edgewater FL, 32132

Description

Zoned Edgewater B-3 Highway Commercial. This property is located on high traffic US #1 and Park Avenue, one block from City Hall and the Indian River. Currently, there are 3 businesses located in this retail center. Total lot SF (from the survey) 13,739 SF. Current rental income $3,462 monthly. Blue Mule just began a new 5-year lease, other two businesses are month to month but wish to remain and have been there for decades. Blue Mule Deli is also listed for sale, (business only) for $125,000.

Details

MLS#1050895
StyleIndustrial
Sub-TypeResale
StatusActive
Year1957
Days On Site37

Features

SQ Feet4,615
Story(s)1
ZoningCommercial

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Area Information

StateFL
CountyVolusia
CityEdgewater
Zip Code32132
AreaVolusia
Listing VS Median (in 32132)
Price:
$445,000
low | high
Med:
$234,500
97.303370786517% of Average
SqFt:
4,615
low | high
Med:
651
100% of Average
$ / SqFt:
$96
low | high
Med:
$92
54.343245040548% of Average
On Site:
37
low | high
Med:
28
100% of Average
Listing Updated: 09/19/2019
MLS Number: 1050895
Listing Provided By:
Tom Alcorn  of  Ocean Properties and Management