Homes for sale - 740 N RIDGEWOOD AVE, Daytona Beach, FL 32114

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KIRK & STACY WEINGARTEN

stacy.weingarten@joinreal.com +1(941) 432-4141

$1,950,000

Est. payment - /mo

0.7 Acres Lot

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UPDATED:

02/04/2025 10:02 AM

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision J W Rawlings Inc

MLS Listing ID V4940703

HOA Y/N No

Originating Board Stellar MLS

Annual Tax Amount $7,640

Lot Size 0.700 Acres

Acres 0.7

Lot Dimensions 30,684

Property Description

740 N Ridgewood Ave, Daytona Beach, FL: Investment property opportunity this parcel includes 4 storages/retail/offices spaces and fully equipped turnkey modern restaurant. Also available, 0 N Ridgewood Ave, Daytona Beach, FL (Land Lot - Acres: 0.2975) at additional cost, this land lot will be an ideal addition for extra parking or to build. (Vacant Lot MLS: 1201333). Call for land pricing.

Prime Investment Opportunity in the Heart of the City!

This exceptional investment opportunity is truly a once-in-a-lifetime find! Situated on a full acre of income-producing property, this site boasts 300 feet of frontage on US-1, offering maximum exposure with approximately 60,000+ vehicles passing by daily.

At the heart of this property is a brand-new, turn-key restaurant/bar, meticulously designed with top-of-the-line furnishings and appliances. Upon entry, guests are welcomed by an awe-inspiring ambiance that seamlessly blends contemporary elegance with rustic charm. The 1,925 sq. ft. restaurant features a modern open-concept layout with four drive-thru windows, stylish décor, and high-end finishes, including a harmonious mix of wood, metal, and marble accents. Additionally, there is 600+ sq. ft. of outdoor dining space, providing an inviting atmosphere for patrons. The restaurant is equipped with a 1,250-gallon grease trap and is fully furnished, making it a true turn-key operation. The landscaped parking lot is beautifully designed with lush greenery and lighting, enhancing the property's curb appeal.

Beyond the restaurant, the property includes a 6,300 sq. ft. commercial building, originally built in 1986 and thoughtfully updated with modern enhancements, including a new roof (2021), gutters, soffits, LED lighting, and bathroom renovations. This versatile building features four units, each with its own bathroom, and is currently utilized as office space and storage. The three smaller units are 1,400 sq. ft. each, while the largest is 2,000 sq. ft., offering ample flexibility for various business needs.

This property is being sold AS-IS and by appointment only. Don't miss your chance to invest in what could be the next big thing!

All information is sourced from tax records and, while deemed reliable, is not guaranteed.

Location

State FL

County Volusia

Community J W Rawlings Inc

Zoning LAND

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Size Range 1/2 to less than 1

Sewer Public Sewer

Water Public

Others

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by OCEANS LUXURY REALTY FULL SVC

740 N RIDGEWOOD AVE Daytona Beach, FL 32114