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228 N Ridgewood Ave 20,822 SF Office Building Daytona Beach, FL 32114 $2,093,880 CAD ($100.56 CAD/SF)



INVESTMENT HIGHLIGHTS
- Very Convinient Location for the office space, retail or for the Restaurants or the industrial warehouse or Distribution.
- few Miles away from the daytona Beach area
- Very open floor plan to split into as many sq.ft as per your requirements.
- Total two story building includes 10 sq.ft on each floor available.
- Truck loading facilities on the premises
- Exterior has a very solid concrete blocks constructions.
EXECUTIVE SUMMARY
**Prime Investment Opportunity in Daytona Beach, Florida**
Welcome to 228 N Ridgewood Ave, a premier commercial property strategically located in the heart of Daytona Beach, Florida. This property offers an exceptional opportunity for investors seeking to capitalize on the burgeoning local economy and vibrant commercial landscape.
**Key Features:**
1. **Location:** Situated on the busy street of N Ridgewood Ave, this property enjoys high visibility and easy access, making it ideal for a wide range of commercial ventures.
2. **Property Type:** Currently configured as a mixed-use office or retail, this versatile property can accommodate various businesses including retail stores, and professional offices.
3. **Size:** The property encompasses over 20,000 sqft providing ample space for operations and potential expansion.
4. **Parking:** Ample parking space is available, ensuring convenience for customers and employees alike.
**Investment Highlights:**
- **High Growth Area:** Daytona Beach is experiencing rapid economic growth, bolstered by tourism, local businesses, and ongoing development projects.
- **Proximity to Amenities:** Close to nearby amenities such as hotels, beaches, retail centers, and apartments, enhancing customer foot traffic and visibility.
- **Strong Rental Potential:** With the increasing demand for commercial space in Daytona Beach, this property offers robust rental income potential and attractive ROI for investors.
- **Development Opportunities:** The property’s zoning allows for flexible development options, presenting additional opportunities for expansion or redevelopment.
Welcome to 228 N Ridgewood Ave, a premier commercial property strategically located in the heart of Daytona Beach, Florida. This property offers an exceptional opportunity for investors seeking to capitalize on the burgeoning local economy and vibrant commercial landscape.
**Key Features:**
1. **Location:** Situated on the busy street of N Ridgewood Ave, this property enjoys high visibility and easy access, making it ideal for a wide range of commercial ventures.
2. **Property Type:** Currently configured as a mixed-use office or retail, this versatile property can accommodate various businesses including retail stores, and professional offices.
3. **Size:** The property encompasses over 20,000 sqft providing ample space for operations and potential expansion.
4. **Parking:** Ample parking space is available, ensuring convenience for customers and employees alike.
**Investment Highlights:**
- **High Growth Area:** Daytona Beach is experiencing rapid economic growth, bolstered by tourism, local businesses, and ongoing development projects.
- **Proximity to Amenities:** Close to nearby amenities such as hotels, beaches, retail centers, and apartments, enhancing customer foot traffic and visibility.
- **Strong Rental Potential:** With the increasing demand for commercial space in Daytona Beach, this property offers robust rental income potential and attractive ROI for investors.
- **Development Opportunities:** The property’s zoning allows for flexible development options, presenting additional opportunities for expansion or redevelopment.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
20,822 SF
Building Class
C
Year Built/Renovated
1957/2024
Price
$2,093,880 CAD
Price Per SF
$100.56 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,411 SF
Slab To Slab
12’
Building FAR
0.45
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
RDD3 - Redevelopment Downtown Commercial
Parking
90 Spaces (4.32 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Air Conditioning
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 5339-02-53-0071 | Improvements Assessment | $488,158 CAD |
| Land Assessment | $287,529 CAD | Total Assessment | $775,687 CAD |
PROPERTY TAXES
Parcel Number
5339-02-53-0071
Land Assessment
$287,529 CAD
Improvements Assessment
$488,158 CAD
Total Assessment
$775,687 CAD
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228 N Ridgewood Ave
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