148 S Ridgewood Avenue, Daytona Beach, FL 32114
$675,000
Property Type:
Commercial Sale
Square Footage:
6,296
Lot Size (sq. ft.):
19,602
Status:
Closed
Current Price:
$675,000
List Date:
5/15/2024
Last Modified:
9/28/2024
Overview
Description
Listing Details MLS# 1118300
General Property Information
- Building Area Total
- 6296
- Year Built
- 1923
- Lot Size Acres
- 0.45
- Lot Size Dimensions
- 110x180
- Association YN
- No
- Water Body Access YN
- No
- Waterfront YN
- No
- Directions
- Follow US-92 E/W International Speedway Blvd towards beach to S Ridgewood Ave; turn right on S Ridgewood; corner lot.
- Public Remarks
- Gorgeous income producing office building. Needs nothing but a new owner! Historic office tenant building located on high and dry parcel, on high-visibility corner, with long-term lease that includes 2.5% base rent adjustment annually through 2027 and includes 2 optional renewal terms through 2031. Building was extensively renovated to include new HVAC and interiors in 2019 & 2023. Paved parking with 12 lots striped with new stops & additional concrete slab. There is no deferred maintenance or issues. 904 sq ft walk-in basement has additional storage for owner use. Showings must be minimum 24 hours in advance due to nature of tenant's business.
- List Price/SqFt
- 123.09
- Sold Price/SqFt
- 107.21
Property Features
Building Features:
Kitchen Facilities; Private Restroom; Public Restroom; Showroom
Business Type:
Professional Service; Professional/Office
Construction Materials:
Block; Concrete
Cooling:
Central Air
Existing Lease Type:
Gross
Heating:
Central
Listing Terms:
Lease Option; Other
Owner Pays:
Grounds Care; Insurance; Taxes
Road Frontage Type:
City Street
Roof:
Shingle
Sale Includes:
Building & Land
Security Features:
Security Fence
Sewer:
Public Sewer
Water Source:
Public
Contract Information
- Listing Contract Date
- 2024-01-18
- Property Sub Type
- Business
Location Tax and Legal
- Street Number
- 148
- Street Direction Prefix
- S
- Street Name
- Ridgewood
- Street Suffix
- Avenue
- County
- Volusia
- State
- FL
- Postal Code
- 32114
- MLS Area Major
- 32 - Daytona Beville to ISB, E of 95
Status Change Information
- Major Change Timestamp
- 2024-07-30T18:15:03Z
- Major Change Type
- Status Change
- Price Change Timestamp
- 2024-04-04T18:43:11Z
- Contingent Date
- 2024-05-06
- Purchase Contract Date
- 2024-06-24
- Close Date
- 2024-07-30
- Close Price
- 675000
Building Features
- Ceiling Eve Height
- 11 - 14 Feet High
- Vac Off/Retail SqFt
- 4888
- Kitchen Facilities
- Yes
- Private Restroom
- Yes
- Public Restroom
- Yes
- Showroom
- Yes
More Information
Historical Information
- Public Historical Remarks 1
- Zoning (Text): B2; Bldg Type/Location: Free Standing; # Parking: 13; Included in Sale: Signs - Owned; Lease Provisions: 3 - 5 Years, Renewal Option; Parking: Lighted, Paved; SqFt - Total: 4888.00; Confidential Listing: N; % Occupancy: 100.00; Financial Package: Yes; Franchise Opt In: Yes; Current # Tenant: 1.0000
Location, Tax, and Legal
- Country
- US
- Parcel Number
- 5339-17-00-0010
- Tax Annual Amount
- 9349
- Tax Year
- 2023
- Tax Legal Description
- LOT 1 EXC HIWAY JAMES LUTHER SUB LOT 1 BLK 20 HODGEMANS MAP OF DAYTONA MB 12 PG 163 PER OR 2206 PG 1354 PER OR 4335 PG 3572 PER OR 6632 PG 1802 PER OR 7663 PG 1723
Currently Not Used
- Year Built
- 1923
- Accessibility Features YN
- Yes
Construction Materials
- Block
- Yes
- Concrete
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Listing Terms
- Lease Option
- Yes
- Other
- Yes
Owner Pays
- Grounds Care
- Yes
- Insurance
- Yes
- Taxes
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Shingle
- Yes
Security Features
- Security Fence
- Yes
Sewer
- Public Sewer
- Yes
Water Source
- Public
- Yes
Business Type
- Professional Service
- Yes
- Professional/Office
- Yes
Existing Lease Type
- Gross
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
LPT Realty, LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.