1701 S Ridgewood Ave - Auto Repair FOR SALE


Edgewater, FL 32132
$2,500,000 USD
925-431-9508
1701 S Ridgewood Ave, Edgewater, FL for Sale
$2,500,000 USD
Auto Repair - FOR SALE
1/1
null | 5.31% Cap Rate

1701 S Ridgewood Ave
Edgewater, FL 32132


HIGHLIGHTS

  • Established Automotive Tenant
  • Fresh Long-Term Lease Commitment
  • Immediate Residential Value-Add Opportunity
  • Diversified Income Profile
  • Excellent Capital Improvements
  • Essential Service Retail Use

OVERVIEW

Presenting a unique Retail Automotive Repair & mixed-use investment opportunity located along the high-traffic corridor of South Ridgewood Avenue in Edgewater, Florida. This versatile property seamlessly blends a robust retail automotive repair facility with residential apartments, offering an investor multiple diverse income streams, immediate cash flow, and strong long-term value retention. The commercial component features a fully equipped, 6-bay retail auto repair building spanning 9,835 SF, situated on an expansive 39,285 SF lot. Positioned in a market with strong comparable profiles. The Boulevard Tire Center features Bridgestone/Michelin and Valvoline brands, this location is well-established for automotive services and retail success minutes from The Indian River and Mosquito Lagoon Aquatic Reserve and a short drive to several beaches and the ocean.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$906 USD /SF

CAP RATE

5.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,285 SF

ZONING

07B3

APN/PARCEL ID

8402-33-00-0010

ASK ABOUT THIS PROPERTY

Brian SanchezAiCRE PartnersMore Info
925-431-9508

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Brian SanchezAiCRE PartnersMore Info
925-431-9508

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