1015 S Ridgewood Ave - Office FOR SALE


Edgewater, FL 32132
$525,000 USD
386-426-7234
1015 S Ridgewood Ave, Edgewater, FL for Sale
$525,000 USD
Office - FOR SALE
1/33
null | Request Cap Rate

Aug '27


1015 S Ridgewood Ave
Edgewater, FL 32132


HIGHLIGHTS

  • Located on high traffic corridor of US Highway 1
  • Located within a Community Redevelopment Area (CRA) & Opportunity Zone
  • Currently Leased - income producing with opportunity

OVERVIEW

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. Measurements are approximate. Buyers and their agents must verify all information that is important to them.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,900 SF

ZONING

B3

APN/PARCEL ID

7433-06-01-0010,7433-06-01-0040

ASK ABOUT THIS PROPERTY

Tracey BarlowThe Barnett Group IncMore Info
386-426-7234

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Tracey BarlowThe Barnett Group IncMore Info
386-426-7234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.