$675,000
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148 Ridgewood AVE Daytona Beach, FL 32114
6,296 SqFt
Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 6,296 sqft
Price per Sqft $107
MLS Listing ID 1118300
Sold Date 07/30/24
Year Built 1923
Annual Tax Amount $9,349
Lot Size 0.450 Acres
Lot Dimensions 0.45
Property Sub-Type Business
Source Daytona Beach Area Association of REALTORS®
Property Description
Gorgeous income producing office building. Needs nothing but a new owner! Historic office tenant building located on high and dry parcel, on high-visibility corner, with long-term lease that includes 2.5% base rent adjustment annually through 2027 and includes 2 optional renewal terms through 2031. Building was extensively renovated to include new HVAC and interiors in 2019 & 2023. Paved parking with 12 lots striped with new stops & additional concrete slab. There is no deferred maintenance or issues. 904 sq ft walk-in basement has additional storage for owner use. Showings must be minimum 24 hours in advance due to nature of tenant's business.
Location
State FL
County Volusia
Direction Follow US-92 E/W International Speedway Blvd towards beach to S Ridgewood Ave; turn right on S Ridgewood; corner lot.
Interior
Heating Central
Cooling Central Air
Exterior
Roof Type Shingle
Building
Water Public
Structure Type Block,Concrete
Others
Senior Community No
Tax ID 5339-17-00-0010
Acceptable Financing Lease Option, Other
Listing Terms Lease Option, Other
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