Listing by: Amanda Sarnes, LPT REALTY, 386-888-9080
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0 Beds
n/a Full bath
4,888 SqFt
Active
Gorgeous income producing office building. Needs nothing but a new owner! Historic office tenant building located on high and dry parcel, on high-visibility corner, with long-term lease that includes 2.5% base rent adjustment annually through 2027 and includes 2 optional renewal terms through 2031. Building was extensively renovated to include new HVAC and interiors in 2019 & 2023. Paved parking with 12 lots striped with new stops & additional concrete slab. There is no deferred maintenance or issues. 904 sq ft walk-in basement has additional storage for owner use. Showings must be minimum 24 hours in advance due to nature of tenant’s business.
Property Details | ||
|---|---|---|
| Price | $775,000 | |
| Lot Size Area | 19800 | |
| Lot Size Area Units | Square Feet | |
| Acres | 0.45 | |
| Property Type | Commercial | |
| Sub type | OfficeSpace | |
| MLS Sub type | Office | |
| Year Built | 1923 | |
| Subdivision | LUTHER LT 01 BLK 20 DAYTONA | |
| Roof | Shingle | |
| Heating | Central | |
| Foundation | Basement | |
| Accessibility | Accessible Approach with Ramp, Accessible Doors, Accessible Elevator Installed | |
| Lot Description | Corner Lot, City Lot | |
Geographic Data | ||
| Directions | Follow US-92 E/W International Speedway Blvd towards beach to S Ridgewood Ave; turn right on S Ridgewood; Property is on the corner of Magnolia & Ridgewood; parking in back. | |
| County | Volusia | |
| Latitude | 29.209038 | |
| Longitude | -81.022338 | |
| Market Area | 32114 - Daytona Beach | |
Address Information | ||
| Address | 148 S Ridgewood AVENUE, DAYTONA BEACH, FL 32114 | |
| Postal Code | 32114 | |
| City | DAYTONA BEACH | |
| State | FL | |
| Country | United States | |
Listing Information | ||
| Listing Office | LPT REALTY | |
| Listing Office Phone | 877-366-2213 | |
| Listing Agent | Amanda Sarnes | |
| Listing Agent Phone | 386-888-9080 | |
| Buyer Agency Compensation | 2.5% | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Ownership | Partnership | |
| Terms | Cash, Conventional | |
| Virtual Tour URL | https://www.propertypanorama.com/instaview/stellar/V4934068 | |
MLS® Information | ||
| Days on market | 109 | |
| MLS® Status | Active | |
| Listing Date | Jan 18, 2024 | |
| Listing Last Modified | May 15, 2024 | |
| Tax ID | 533917000010 | |
| Tax Year | 2023 | |
| Tax Annual Amount | 9349 | |
| MLS® Area | 32114 - Daytona Beach | |
| MLS® # | V4934068 | |
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This information is believed to be accurate, but without any warranty.