Pending

1635 S Ridgewood Avenue

South Daytona FL, 32119

$1,695,000


$111.73 per sqft

Pending

15,171 sqft

Commercial

Built in 1987

Fully stabilized, concrete block construction office building for sale in high traffic, growing area.
Currently 95% occupied with upside to continue to increase rents to market rate.
The property consists of 8 first floor office spaces with 26 small, executive suites on the second floor.
Just minutes from Daytona Beach, Daytona International Speedway, and Daytona Beach International Airport.
Take advantage of an opportunity to purchase a property that is performing, has upside, and no looming deferred maintenance. Foam roof (top of the building) is 10 years old. Silicone coating applied in 2023 rated for 15 years.
Steel roof is 10 years old. Sure-Cril Acrylic coating applied in 2023.
10/12 air conditioning units have been replaced in the past two years.
The property is equipped with a commercial elevator.

1117888

MLS ID

January 9, 2024

Listed

November 22, 2024

Updated

Map

1635 S Ridgewood Avenue
South Daytona FL, 32119

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.84 Acres

Other Property Details

Area Name

25 - Daytona S of Beville, E of Nova


Taxes

$19,768


Tax Frequency

Annually


Days on Market

301


Garage

No


View

No


County

Volusia


Pool

No

Listing History

Date

Event

Price

11/5/2024

Pending

8/13/2024

Price change

$1,695,000

-6%

 

Courtesy of SVN Alliance Commercial Real Estate Advisors, Carl Lentz,
Listing Contact:  

Information is deemed reliable but not guaranteed. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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