Address: 501 Ridgewood Avenue, DAYTONA BEACH, FL 32117
Description
Incredible opportunity on US 1, this high visibility commercial property offers over 1.78 acres of land with excellent signage and frontage along Ridgewood Avenue in Holly Hill. Located in a designated Opportunity Zone and zoned CC 1 Commercial, the site allows for a wide range of uses including retail, professional or medical offices, multifamily development, and community based services. The property includes four separate structures: a nearly 10,000 sq ft two story building, a 1,600 sq ft single family residence with a detached 2 car garage, a 550 sq ft standalone caf/retail building fronting US 1, and additional land with room for future development or expansion. With ample parking, quality construction, and space to build, this property is ideal for redevelopment, owner occupant use, or investment. While the structures are solidly built, they are ready for modern updates. With approximately 28,000 vehicles daily, strong visibility, and a prominent location on one of
Holly Hill's busiest corridors, this is a rare and valuable acquisition opportunity.
Incredible opportunity on US 1, this high visibility commercial property offers over 1.78 acres of land with excellent signage and frontage along Ridgewood Avenue in Holly Hill. Located in a designated Opportunity Zone and zoned CC 1 Commercial, the site allows for a wide range of uses including retail, professional or medical offices, multifamily development, and community based services. The property includes four separate structures: a nearly 10,000 sq ft two story building, a 1,600 sq ft single family residence with a detached 2 car garage, a 550 sq ft standalone caf/retail building fronting US 1, and additional land with room for future development or expansion. With ample parking, quality construction, and space to build, this property is ideal for redevelopment, owner occupant use, or investment. While the structures are solidly built, they are ready for modern updates. With approximately 28,000 vehicles daily, strong visibility, and a prominent location on one of
Holly Hill's busiest corridors, this is a rare and valuable acquisition opportunity.
Features
Building and Construction
Covered Spaces: 0.00
Living Area: 2999.00
Property Information
Property Condition: Completed
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Road Frontage Type: City Street
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2024
Other Features
Country: US
Legal Description: 14-32-44 LOTS 1 & 2 EXC ST & LOTS 3 THRU 8 BLK A OAK RIDGE PARK HOLLY HILL MB 7 PG 18 PER OR 6036 PGS 4099-4100 PER OR 6300 PGS 1211-1212 & LOT 5 EXC RD BLK 23 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 2 PG 90 MB 12 PGS 3-4 INC MB 14 PG 21 PER OR 8 111 P
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