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
1/3
null | 6.24% 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 highly versatile Commercial Automotive, Office, & Industrial Flex investment opportunity located along the high-traffic corridor of South Ridgewood Avenue in Edgewater, Florida. This unique offering consists of two adjacent parcels that seamlessly combine an established, income-producing retail automotive repair facility with a premium second-story office and warehouse component: • 1701 South Ridgewood Ave: Features a fully equipped, 6-bay retail auto repair building spanning 9,835 SF (originally built in 1985) situated on an expansive 39,285 SF lot. • 1707 S Ridgewood Ave: An adjacent 11,050 SF vacant lot utilized for additional parking, fleet storage, or future development. The retail portion is anchored by Boulevard Tire Center, a dominant regional brand. Complementing the retail automotive component is the remainder of the building, which features a highly functional second-story office and warehouse layout. Spanning three separate spaces—Unit #204 (1,000 SF office with kitchenette), Unit #205 (1,000 SF office with kitchenette), and Unit #206 (1,625 SF warehouse)—this portion is currently owner-occupied, offering immediate upside for lease-up or an owner-user.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$906 USD /SF

CAP RATE

6.24%

% 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

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

Brian SanchezAiCRE PartnersMore Info
925-431-9508

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