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$ 449,000

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921 S RIDGEWOOD AVE Edgewater, FL 32132

1,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $374

Subdivision Mendall Homestead

MLS Listing ID NS1085681

HOA Y/N No

Year Built 1958

Annual Tax Amount $3,748

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 65x205

Property Sub-Type Business

Source Stellar MLS

Property Description

Excellent investment opportunity! This profitable and well-maintained commercial property features a fully equipped laundromat with 22 washers and dryers, PLUS a three-bay self-serve car wash with two high-powered vacuums with loyal clientele. Endless potential for additional revenue streams or redevelopment. Convenient customer access with multiple parking spots. Situated on a major corridor through Edgewater, close to residential but within the growing business district and this location benefits from high visibility, consistent drive-by traffic with Annual Average Daily Trips (AADT) at 29,000, and easy accessibility for local customers with convenient ingress and egress from either US1/Ridgewood or city street parallel to the east. This is located in a growing community and located within the CRA District and Opportunity Zone. Whether you're an investor seeking cash flow or an owner-operator looking to be hands-on, this is a rare dual-business opportunity in a growing coastal Florida market.

Location

State FL

County Volusia

Community Mendall Homestead

Area 32132 - Edgewater

Zoning 07B3

Interior

Cooling Office Only

Appliance Dryer, Washer

Exterior

Parking Features Parking Spaces - 6 to 12

Utilities Available Electricity Available, Natural Gas Available, Public, Water Connected

Building

Story 1

Foundation Slab

Lot Size Range 1/4 to less than 1/2

Sewer Public Sewer

Water None

Structure Type Block

New Construction false

Others

Ownership Sole Proprietor

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/NS1085681

Listed by THE BARNETT GROUP, INC.