639 N Ridgewood Ave
Daytona Beach, FL 32114 Greater Daytona

$1,450,000 USD

General Retail For Sale • 2,282 SF

Property Details

Property Type General Retail
Total Building Size 14,200 SF
Lot Size 1.07 AC
Building Class C
Year Built 1949
Zoning BR-1 (Business Retail)

45 Transit Score

68 Walk Score

                
                    Highlights
                
                                14,200 SF Mixed SFR + Retail Portfolio - Consisting of one retail building with 7 commercial units plus 7 single-family rentals on a 1.07-acre parcel
                            
                                Prime Daytona Beach Frontage - Located along N Ridgewood Ave with ˜26,500 vehicles/day
                            
                                Attractive Income Profile - Projected Gross Rent: $19,238/mo and NOI: $163,650/yr
                            
                                OWNER FINANCING Available! - Seller is offering financing at 6% interest, 30-year amortization, 6-year balloon, and NO prepayment penalty
                            
                                Flexible BR-1 Zoning - Supports a mix of retail, business services, residential, and commercial uses
                            
                                Located in an Opportunity Zone - Enables potential tax incentives and strategic investment benefits for qualifying buyers.