1501 Ridgewood Avenue Holly Hill, FL $ 1,400,000
1501 Ridgewood Avenue
$ 1,400,000
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1501 Ridgewood Avenue

Holly Hill, FL, 32117
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 9,305

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Studio

Commercial Property for sale in Holly Hill, FL

for $1,400,000. This building was built in 1987 on a lot size of 1.07.

Only $97 per square foot! Concrete block construction with enormous upside located minutes from Daytona International Speedway and the ''World's Most Famous Beach.'' Add value by raising rents and renovating. Small office/retail spaces are in high demand in this market. Excellent fit for an investor, or a user looking to occupy office space and collect income. First floor compromised of eight separate units and second floor small offices with common restrooms, and shared conference room. Large parking lot in the rear of the property. Property includes solar panels to reduce operation costs. Excellent signage/visibility from high-traffic US-1 (24,000 ADT). Building has an elevator for ADA compliancy and many long standing tenants. Roof installed 2005. Building has a large, electronic sign ideal for advertisement.

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Commercial Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,187

Style

Business

Lot Size

1.07

Year Built

1987

Town/City

Holly Hill

County/Region

Volusia

MLS | Web ID

1114352

Features
Exterior
Inclusions {u'Building & Land': True}
Lot Size Area 1.07
Spa N
Street Suffix Avenue
Lot Size Acres 1.07
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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General
Year Built 1987
Property SubType Business
Tax Year 2022
Current Use Retail
Business Type Commercial Professional Service Professional/Office Retail
County Volusia
Property Type Commercial Sale
HOA / Comm Assn N
Building Features Showroom
Status Active
Directions Located on Ridgewood Avenue (US-1) in Holly Hill FL
City Holly Hill
Buyer Agent Compensation 3.00
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 25
MLS Area 32 - Daytona Beville to ISB E of 95
Lot Size Units Acres
Lot Size Square Feet 46609.2
Waterfront Y/N N
Street Name Ridgewood
Land Lease Y/N N
Tax Annual Amount 16187.0
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 32 - Daytona Beville to ISB E of 95
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 257
Standard Status Active
Legal Description PART OF LOTS 1 TO 4 INC & OF 35 TO 38 INC BLK 3 & PART OF 1 TO 4 INC & PART OF LOTS 40 TO 42 INC BLK 4 & VACATED ST BETWEEN SAME BEING S 200 FT ON US I OF W 235.9 FT E OF HWY ON S/L & W 230.2 FT E OF
New Construction None
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1501
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* Excluded Features
List By
Carl Lentz

Listing Agent

Svn Alliance Commercial Real Estate Advisors

Broker

Affordability Calculator

$10,654
Per Month
87%
13%
0%
Monthly Principal & Interest
$9,305
Monthly Property Taxes
$1,349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1330097 Elementary School
1330098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2023$1,400,000 Listed Price

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1501 Ridgewood Avenue, Holly Hill, FL, 32117 is a Commercial Property for sale at $1,400,000 with a lot size of 1.07. 1501 Ridgewood Avenue is a studio with 0.0 baths and was built in 1987. The property's zip code is 32117 which is in Holly Hill, FL