Address
148 S Ridgewood AVENUE, DAYTONA BEACH, FL
Price
$ 775,000
Property Attributes
- MLS#V4934068
- TypeCommercial
- CountyVOLUSIA
- CityDAYTONA BEACH
- AreaDaytona Beach
- NeighborhoodLuther Lt 01 Blk 20 Daytona
- Zip32114
- StyleOffice
- Year Built1923
- Taxes$ 9349
- Price$ 775,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4888
- Lot Size0.45 Acres
Data Source:
Stellar MLS
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.
| Price History | |
|---|---|
| 1/18/2024 | Listed $825,000 |
| 4/5/2024 | 7% - $775,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Roof | Shingle |
| Appliances | Microwave,Refrigerator |
| Zoning | 02BR2 |
| Security Features | Security System |
| Construction Materials | Block |
| Year Built | 1923 |
| Levels | Two |
| Property SubType | Office |
| Tax Year | 2023 |
| Percent Ownership | Partnership |
| Accessibility | Accessible Approach with Ramp,Accessible Doors,Accessible Elevator Installed |
| County | Volusia |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | LUTHER LT 01 BLK 20 DAYTONA |
| Building Features | Bathrooms,Elevator,Kitchen Facility,Reception |
| Status | Active |
| Directions | Follow US-92 E/W International Speedway Blvd towards beach to S Ridgewood Ave; turn right on S Ridgewood; Property is on the corner of Magnolia & Ridgewood; parking in back. |
| City | DAYTONA BEACH |
| Buyer Agent Compensation | 2.5% |
| MLS Area | 32114 - Daytona Beach |
| Lot Size Square Feet | 19800 |
| Waterfront Y/N | No |
| Street Name | Ridgewood |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 9349 |
| Public Remarks | 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 |
| Virtual Tour | https://www.propertypanorama.com/instaview/stellar/V4934068 |
| Days on Market | 109 |
| Standard Status | Active |
| Tax Lot | 1 |
| Legal Description | LOT 1 EXC HIWAY JAMES LUTHER SUB LOT 1 BLK 20 HODGEMANS MAP OF DAYTONA MB 12 PG 163 PER OR 2206 PG 1354 PER OR 4335 PG 3572 PER OR 6632 PG 1802 PER OR 7663 PG 1723 |
| Water Access Y/N | No |
| Water View Y/N | No |
Interior Features
| Basement | Exterior Entry,Full |
|---|---|
| Flooring | Luxury Vinyl,Tile |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| LivingAreaSource | Public Records |
| Living Area Units | Square Feet |
Exterior Features
| Lot Features | Corner Lot,City Lot |
|---|---|
| Water Source | Public |
| Lot Size Area | 19800 |
| Foundation Details | Basement |
| Number of Buildings | 1 |
| Building Area Total | 6296 |
| Lot Size Acres | 0.45 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32114
Price
Taxes
Visits
Year Built
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on May 21, 2024 11:33 AM UTC
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© 2024 Florida Gulf Coast MLS (FGCMLS) Information deemed reliable, but not guaranteed. The IDX data relating to real estate for sale on this web site comes in part from the Florida Gulf Coast Multiple Listing Service. The information being provided is for consumers' 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.
