1701 S Ridgewood Ave - For Sale

Property Overview:

Positioned in Edgewater, FL, this 9,835 SF commercial automotive, office, and industrial flex asset offers an established income-producing retail auto repair facility combined with a premium office and warehouse component on two adjacent parcels totaling approximately 1.15 acres. The asset provides immediate operational utility and investment upside with a diverse functional layout including 6 service bays and multiple second-story office/warehouse units.

Property Highlights:

- 9,835 SF retail auto repair building with 6 interior bays and 4 exterior open-air bays
- Adjacent 11,050 SF vacant lot for additional parking, fleet storage, or future development
- Second-story office units #204 and #205 (each 1,000 SF) with kitchenettes, plus unit #206 warehouse (1,625 SF)
- Individually metered utilities reducing landlord expenses
- New roof installed on top in 2007 and bottom in 2022
- Fresh 5-year NNN lease with Boulevard Tire Center including 2% annual rent escalations
- Two powered exterior signs along high-visibility South Ridgewood Avenue corridor

Location & Connectivity:

Located along the high-traffic South Ridgewood Avenue corridor (29,000 VPD) in Edgewater, FL, with convenient access to U.S. Highway 1 and Interstate 95. The property benefits from strong regional connectivity to major Central Florida employment hubs including Daytona Beach, Orlando, and the Space Coast, situated in a growing commercial and residential market within Volusia County.

Usage:

The asset is well-suited for investors seeking diverse income through long-term leases anchored by an established automotive tenant. Owner-users and tenants can leverage the flexible office and warehouse components with immediate lease-up potential for additional income. The combined retail, office, and industrial capacities accommodate multiple commercial uses and operational needs.