Land - Real Estate in Daytona Beach
Listing Price: $1,950,000
Description of Property
740 N Ridgewood Ave, Daytona Beach, FL: Investment property opportunity this parcel includes 4 storages/retail/offices spaces and fully equipped turnkey modern restaurant. Also available, 0 N Ridgewood Ave, Daytona Beach, FL (Land Lot - Acres: 0.2975) at additional cost, this land lot will be an ideal addition for extra parking or to build. (Vacant Lot MLS: 1201333). Call for land pricing. Prime Investment Opportunity in the Heart of the City! This exceptional investment opportunity is truly a once-in-a-lifetime find! Situated on a full acre of income-producing property, this site boasts 300 feet of frontage on US-1, offering maximum exposure with approximately 60,000+ vehicles passing by daily. At the heart of this property is a brand-new, turn-key restaurant/bar, meticulously designed with top-of-the-line furnishings and appliances. Upon entry, guests are welcomed by an awe-inspiring ambiance that seamlessly blends contemporary elegance with rustic charm. The 1,925 sq. ft. restaurant features a modern open-concept layout with four drive-thru windows, stylish décor, and high-end finishes, including a harmonious mix of wood, metal, and marble accents. Additionally, there is 600+ sq. ft. of outdoor dining space, providing an inviting atmosphere for patrons. The restaurant is equipped with a 1,250-gallon grease trap and is fully furnished, making it a true turn-key operation. The landscaped parking lot is beautifully designed with lush greenery and lighting, enhancing the property's curb appeal. Beyond the restaurant, the property includes a 6,300 sq. ft. commercial building, originally built in 1986 and thoughtfully updated with modern enhancements, including a new roof (2021), gutters, soffits, LED lighting, and bathroom renovations. This versatile building features four units, each with its own bathroom, and is currently utilized as office space and storage. The three smaller units are 1,400 sq. ft. each, while the largest is 2,000 sq. ft., offering ample flexibility for various business needs. This property is being sold AS-IS and by appointment only. Don't miss your chance to invest in what could be the next big thing! All information is sourced from tax records and, while deemed reliable, is not guaranteed.
Property Details At A Glance
Property Type: Land
City: Daytona Beach
County: Volusia
Subdivision: J W Rawlings Inc
Annual Tax: $7,640
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Lot Information
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Lot Size (acres): 0.7
Lot Size (sq. ft.): 30,684 square feet
Lot Dimensions: 30,684
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Legal Description & Other Information
Financing Available: Cash, Conventional
Parcel Number: 533810000030
Zoning: LAND
Tax Legal Desc.: 38-15-33 LOTS 3 4 5 6 7 & 8 EXC HWY RAWLINGS RESUB RIDGEWOOD PARK KINGSTON MB 6 PG 179 PER OR 6827 PG 2197
Section: 38
Range: 33
Listing courtesy of OCEANS LUXURY REALTY FULL SVC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
