Edgewater, FL 32132,124 S Ridgewood AVE
Edgewater, FL 32132,124 S Ridgewood AVE
Edgewater, FL 32132,124 S Ridgewood AVE
56
$1,000,000
$1,100,000
9.1%
Est.Price: ?

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3,872 SqFt

124 S Ridgewood AVE Edgewater, FL 32132

Est. payment /mo
SOLD DATE : 12/29/2023

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Key Details

Sold Price $1,000,000

Property Type Commercial

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 3,872 sqft

Price per Sqft $258

Subdivision Fuller & Settle Alvarez Grant

MLS Listing ID NS1076582

Sold Date 12/29/23

HOA Y/N No

Originating Board New Smyrna Beach Board of Realtors

Year Built 1950

Property Description

Profitable 16+ year well established solid successful retail flooring business offered with property AND adjacent property with storefront to expand or sublease to another user and located in a high traffic area of Ridgewood Ave./US1 in Edgewater. This retail flooring store has been owned by current owner since the beginning and he is ready to retire and is seeking a new owner to continue the business growth. Owner has operated the business as a sole owner operator and has great relationships with independent installers/contractors. Included in the sale is goodwill, business name, showroom samples and displays, all equipment, warehouse equipment, inventory and office equipment. This is truly a “turn-key” profitable business opportunity with Seller willing to assist with business transition. The sale includes both parcels. 124 S. Ridgewood Ave which includes the flooring retail office, showroom and warehouse on corner lot with storefront fronting high traffic area of Ridgewood Ave./US1 with AADT of 27,500. 108 S. Ridgewood Ave. presents with a showroom/office with storefront and a 2-bedroom 1.5 bath with single car garage. This property can be used as owner/employee residency or can be leased for additional residential and/or business income. The property is located in the CRA District as well as the Opportunity Zone. Edgewater is a growing community with over 30 non-residential projects in the pipeline and 21 residential developments with over 11,000 homes in process. ;Water: City

Location

State FL

County Volusia

Community Fuller & Settle Alvarez Grant

Zoning B-3

Interior

Heating Central, Electric

Cooling Central Air

Appliance Gas Water Heater

Exterior

Utilities Available Natural Gas Available

Roof Type Flat,Metal,Other

Building

Lot Description City Limits

Entry Level One

Sewer Public Sewer

Water See Remarks

Structure Type Concrete

Others

Special Listing Condition None

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Stellar MLS
Listed by THE BARNETT GROUP, INC.
Bought with THE BARNETT GROUP, INC.

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Tonna Gruber

Agent | License ID: 3146072

+1(941) 232-8950

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