S 2001 Ridgewood Avenue, Edgewater, FL

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$1,800,000

($372/sqft)

List Status: Active
S 2001 Ridgewood Avenue
Edgewater, FL 32141


4842 living sqft
Top Features
  • Subdivision: River Edge Acres
  • Lot SQFT: 81116 sqft (7536m²)
  • Built in  1945
  • Mixed Use
Description
The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8, 200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new national chain retail. It has right in and left in ingress and over 300’ Ridgewood frontage with FDOT permitted driveway cut. The AADT count is 22, 500 and elevations range from 15’-17’ without suspected wetlands. Presently, the city of Edgewater has ~15, 000+ residential permits either approved and/or in the pipeline for approval. The property is also located in the CRA district which provides grant opportunities as well as commitment that a portion of the taxes will be used to enhance the property values in the area. Property has a clean Phase I environmental study. Since the properties presently have structures, there may impact fee credits available if structures are demolished. Immediately adjacent to this property is an additional 1.837 acres that may be considered as possible assemblage opportunity for a total of 3.674 acres. All parcels would provide approximately 604 linear feet of Ridgewood frontage. There are also several existing FDOT access points with these parcels.
Property Details

Interior Information

Total Num Buildings5
Building Area Total Srch Sq M769.70
List Office Head Office Key Nume1044811
Living Area4842

Exterior Information

Stories Total1

Additional Information

Lot Size Dimensions300 x 300
DirectionsSouth on Ridgewood/US 1 in Edgewater 1 block south of SR442/Indian River Blvd.
Occupant TypeVacant
Property TypeCommercial Sale
Special Listing ConditionsNone
State Or ProvinceFL
Neighborhood Map
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MLS #MFRNS1080576 Listing courtesy of THE BARNETT GROUP, INC. provided by Stellar MLS.

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