$2,750,000

737-747 S Ridgewood Avenue

Daytona Beach FL, 32114

Description

Professional office buildings Solid Brick and Concrete Block, well maintained with Private 71 space concrete parking lot. High quality dependable tenants. Please Do not disturb tenants.Repurposed from Historic School, rec'd multiple awards for project20 yr warranty on both roofs2 buildings 85% occupied, 6.5% rate of return as leased. At 100% occupancy rate of return 8%. Buildings are 2 stories large windows in all offices, sec cams and fire sprinks.747 bldg solid brick with 11ft-12ft ceilings & elevator/LULA- 15,803sq ft. ADA ramp,ADA restrooms, common conf & kitchen. The 737 bldg is concrete block-5,863sq ft, 10 ft Ceilings. Land-*325 ft on South Ridgewood Ave*2.19 acres*PUD includes 2 adj parcels (see docs)*full irrigation system*extra land for more building-

Details

MLS#1055649
Sub-TypeResale
StatusActive
Year1916
Days On Site172

Features

SQ Feet21,139
Story(s)1
Units10
ZoningProfessional

Market Activity 32114

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Area Information

StateFL
CountyVolusia
CityDaytona Beach
Zip Code32114
Area32 - Daytona Beville to ISB, E of 95
Listing VS Median (in 32114)
Price:
$2,750,000
low | high
Med:
$117,400
100% of Average
SqFt:
21,139
low | high
Med:
1,040
100% of Average
$ / SqFt:
$130
low | high
Med:
$146
37.833613450522% of Average
On Site:
172
low | high
Med:
81
100% of Average
Listing Updated: 09/15/2019
MLS Number: 1055649
Listing Provided By:
Susan Holmes  of  Country Club Properties of Spruce Creek