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5993 Ridgewood Avenue, PORT ORANGE, FL 32127
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5993 Ridgewood Avenue
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  • MLS#: V4941625 ( Commercial Sale )
  • Street Address: 5993 Ridgewood Avenue
  • Viewed: 7
  • Price: $3,500,000
  • Price sqft: $220
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Bay/Harbor,Canal - Saltwater
  • Year Built: 1949
  • Bldg sqft: 15900
  • Days On Market: 83
  • Additional Information
  • Geolocation: 29.1052 / -80.9721
  • County: VOLUSIA
  • City: PORT ORANGE
  • Zipcode: 32127
  • Provided by: LPT REALTY, LLC
  • Contact: Matthew Buckley
  • 877-366-2213
  • mfrmls
  • DMCA Notice
  • Description
    Now this is a hidden treasure!! (; located in a prime, high traffic area off of u. S. 1 (approx 3,200 cars per hour) this commercial waterfront property, known as "hidden treasure" offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1. 17 acres of land plus an additional 1+ acre of water access leased through dep. In addition, 3 well maintained buildings, each designed to accommodate a range of business operations, from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place. ) this piece of real estate can accommodate up to 325 people at once! Alongside the buildings, there are 3 spacious docks and seawall with 16 boat slip(s) and power/water... Perfect for boat traffic, water sports rentals, or any maritime based ventures. Imagine a second level... Or rooftop... Imagine a fuel station for local boaters... Imagine monthly rentals for boat slips... The roi is limitless with this opportunity! With an ample parking lot and 95 parking spots, the property can easily accommodate high customer volumes, ensuring smooth operations year round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility, making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water. The ample space allows for potential expansion or diversification, providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular tiki bar and grille, a well established hotspot for locals and tourists alike, offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid back vibe, the tiki bar is a favorite spot to unwind, making it a lucrative business on its own. Additionally, the property also features a successful watercraft/jet ski rental business, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location. Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime rose bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait... Call today for more info! All information deemed to be true but not guranteed.
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Features
Waterfront Description
  1. Bay/Harbor
  2. Canal - Saltwater
Accessibility Features
  1. Accessible Doors
  2. Accessible Entrance
  3. Accessible Hallway(s)
Home Owners Association Fee
  1. 0.00
Carport Spaces
  1. 0.00
Close Date
  1. 0000-00-00
Cooling
  1. Other
Country
  1. US
Covered Spaces
  1. 0.00
Electric
  1. Separate Meters
Flooring
  1. Concrete
  2. Other
  3. Tile
Garage Spaces
  1. 0.00
Heating
  1. Central
  2. Ductless
  3. Zoned
Insurance Expense
  1. 0.00
Legal Description
  1. LOTS 1 & 2 BLK 17 HARBOR OAKS UNIT 1 MB 10 PGS 145-146 INC PER OR 5062 PG 1172 PER OR 8117 PG 1787 PER OR 8148 PG 1735 PER OR 8148 PG 1738
Levels
  1. Two
Living Area
  1. 7784.00
Lot Features
  1. Corner Lot
  2. City Limits
  3. Near Public Transit
  4. Oversized Lot
  5. Sidewalk
  6. Paved
  7. Waterfront
Area Major
  1. 32127 - Port Orange/Ponce Inlet/Daytona Beach
Net Operating Income
  1. 2500000.00
Occupant Type
  1. Tenant
Open Parking Spaces
  1. 0.00
Other Expense
  1. 0.00
Other Structures
  1. Outbuilding
  2. Storage
Parcel Number
  1. 63-14-03-17-0010
Parking Features
  1. Ground Level
  2. Lighted
  3. Other
  4. Over 30 Spaces
Possession
  1. Close Of Escrow
Property Type
  1. Commercial Sale
Road Frontage Type
  1. City Street
  2. Divided Highway
  3. Highway
  4. Main Throrughfare
  5. State Road
  6. Turn Lanes
Roof
  1. Concrete
  2. Metal
Sewer
  1. Public Sewer
Tax Year
  1. 2024
Township
  1. 16S
Utilities
  1. Electricity Available
  2. Public
  3. Water Connected
Virtual Tour Url
  1. https://show.tours/v/xPZt9yc
Water Source
  1. Public
Year Built
  1. 1949
Zoning Code
  1. RC
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