1015 S Ridgewood Avenue, Edgewater, FL 32132 (MLS# 1225251)

1015 S Ridgewood Avenue, Edgewater, FL 32132

$525,000

Property Type: Commercial Sale Baths: 1 Square Footage: 1,957 Lot Size (sq. ft.): 23,522 Status: Active

Current Price: $525,000 List Date: 4/15/2026 Last Modified: 5/14/2026

Overview

Description

Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave - one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The property is located in the CRA District as well as the Opportunity Zone. The active lease is fully transferable, providing income cash flow

Supplements: with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed.

Listing Details MLS# 1225251

General Property Information

Number Of Units Total: Yes
Bathrooms Total: Yes
Building Area Total: 1957
Building Area Source: Public Records
Year Built: 1976
Lot Size Acres: 0.54
Land Lease YN: No
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: Yes
Senior Community YN: No
Directions: South on Ridgewood Ave. to address on the east side at the intersection of Turgot and S. Ridgewood Ave.
Public Remarks: Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave - one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The property is located in the CRA District as well as the Opportunity Zone. The active lease is fully transferable, providing income cash flow
List Price/SqFt: 268.27

Property Features

Building Features: Restaurant Business Type: Accounting; Administrative and Support; Animal Grooming; Bakery; Barber/Beauty; Books/Cards/Stationary; Butcher; Carpet/Tile; Commercial; Dental; Fast Food; Florist/Nursery; Gift Shop; Health Food; Ice Cream/Frozen Yogurt; Jewelry; Medical; Photographer; Pizza; Printing; Professional/Office; Real Estate; Restaurant; Retail; Wallpaper Ceiling Type: Acoustic Construction Materials: Block; Brick Cooling: Central Air; Electric Current Use: Commercial; Other Existing Lease Type: NN Flooring: Concrete Heating: Central; Electric Listing Terms: Cash; Conventional Location: Central Business District Lock Box Type: None Lot Features: Corner Lot Owner Pays: Exterior Maintenance Parking Features: Attached; Parking Lot Possession: Close Of Escrow Road Frontage Type: City Street; Highway Roof: Concrete Sale Includes: Building & Land Sewer: Public Sewer Tenant Pays: All Utilities; Repairs; Trash Collection Utilities: Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Listing Contract Date: 2026-04-14
Property Sub Type: Business

Location Tax and Legal

Street Number: 1015
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32132
Subdivision Name: Not In Subdivision
MLS Area Major: 80 - Edgewater

Status Change Information

Major Change Timestamp: 2026-04-15T01:13:41Z
Major Change Type: New Listing

Building Features

% Air Conditioned or Heated: 100
Building Class: B
Restaurant: Yes

More Information

Unit 1 Details

Unit ID: Yes
Annual Rent: 45000
Unit SqFt: 1957
# Units (This Type): Yes
Furnished: Unfurnished
Unit Remarks: Leased

Location, Tax, and Legal

Country: US
Parcel Number: 7433-06-01-0010
Tax Annual Amount: 6557.4
Tax Year: 2025
Tax Legal Description: LOTS 1 2 & 3 EXC W 34 FT IN RD & LOT 5 BLK A TURGOT TERRACE MENDALL HOMESTEAD PER OR 4413 PG 2682 PER OR 5625 PG 3080
Zoning Description: Commercial

Currently Not Used

Additional Parcels YN: Yes
Additional Parcels Description: 743306010040
Bathrooms Total: 1
Year Built: 1976
Accessibility Features YN: No

Lock Box Type

None: Yes

Construction Materials

Block: Yes
Brick: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Commercial: Yes
Other: Yes

Flooring

Concrete: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lot Features

Corner Lot: Yes

Owner Pays

Exterior Maintenance: Yes

Parking Features

Attached: Yes
Parking Lot: Yes

Possession

Close Of Escrow: Yes

Road Frontage Type

City Street: Yes
Highway: Yes

Roof

Concrete: Yes

Sewer

Public Sewer: Yes

Tenant Pays

All Utilities: Yes
Repairs: Yes
Trash Collection: Yes

Utilities

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Business Type

Accounting: Yes
Administrative and Support: Yes
Animal Grooming: Yes
Bakery: Yes
Barber/Beauty: Yes
Books/Cards/Stationary: Yes
Butcher: Yes
Carpet/Tile: Yes
Commercial: Yes
Dental: Yes
Fast Food: Yes
Florist/Nursery: Yes
Gift Shop: Yes
Health Food: Yes
Ice Cream/Frozen Yogurt: Yes
Jewelry: Yes
Medical: Yes
Photographer: Yes
Pizza: Yes
Printing: Yes
Professional/Office: Yes
Real Estate: Yes
Restaurant: Yes
Retail: Yes
Wallpaper: Yes

Ceiling Type

Acoustic: Yes

Existing Lease Type

NN: Yes

Location

Central Business District: Yes
City: Yes

Sale Includes

Building & Land: Yes

Listing Office: The Barnett Group Inc.

Last Updated: May - 14 - 2026

Information deemed reliable but not guaranteed.

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