2111-2146 S Ridgewood Avenue, Edgewater, FL 32141
$2,375,000
Property Type:
Commercial Sale
Square Footage:
38,977
Lot Size (sq. ft.):
218,236
Status:
Closed
Current Price:
$2,375,000
List Date:
3/22/2022
Last Modified:
9/28/2024
Description
SUBJECT PROPERTY CONSISTS OF FOUR COMMERCIAL RENTAL BUILDINGS COLLECTIVELY ENTAILING 38,977 SF OF LEASED SPACE (32 UNITS IN ALL) WITH AMPLE PARKING AREA BETWEEN ALL OF THE STRUCTURES. THE ENTIRE PROPERTY IS COMPRISED OF TWO MAIN PARCELS BETTER KNOWN AS THE ''RIVERSIDE VILLAGE'' (PARCEL A) AND THE ''RIVERSIDE PLAZA'' (PARCEL B), EACH OF WHICH BEING SITUATED UPON A TOTAL AREA OF ~5.01 ACRES OF LAND AT A SIGNALIZED INTERSECTION WITH AN AADT VOLUME OF ~25,000. THE BUILDINGS ON PARCEL ''A'' WERE EACH CONSTRUCTED IN 1996 & 1998, RESPECTIVELY, WHEREAS THE BUILDINGS LOCATED ON PARCEL ''B'' WERE EACH CONSTRUCTED SIMULTANEOUSLY IN 2008. ANY AND ALL INTERESTED PARTIES MUST EXECUTE AN NDA (NON-DISCLOSURE AGREEMENT) PRIOR TO OBTAINING ANY FINANCIAL INFORMATION, AND OTHER RELEVANT INFORMATION ON HAND.
More Information MLS# 1094599
General Property Information
Lot Size Acres: 5.01
Number Of Units Total: 32
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: HEADING SOUTH ON US 1 SOUTH OF SR 442, GO TO S RIVERSIDE DRIVE INTERSECTION AND THEN LEFT TO THE PROPERTY.
Public Remarks: SUBJECT PROPERTY CONSISTS OF FOUR COMMERCIAL RENTAL BUILDINGS COLLECTIVELY ENTAILING 38,977 SF OF LEASED SPACE (32 UNITS IN ALL) WITH AMPLE PARKING AREA BETWEEN ALL OF THE STRUCTURES. THE ENTIRE PROPERTY IS COMPRISED OF TWO MAIN PARCELS BETTER KNOWN AS THE ''RIVERSIDE VILLAGE'' (PARCEL A) AND THE ''RIVERSIDE PLAZA'' (PARCEL B), EACH OF WHICH BEING SITUATED UPON A TOTAL AREA OF ~5.01 ACRES OF LAND AT A SIGNALIZED INTERSECTION WITH AN AADT VOLUME OF ~25,000. THE BUILDINGS ON PARCEL ''A'' WERE EACH CONSTRUCTED IN 1996 & 1998, RESPECTIVELY, WHEREAS THE BUILDINGS LOCATED ON PARCEL ''B'' WERE EACH CONSTRUCTED SIMULTANEOUSLY IN 2008. ANY AND ALL INTERESTED PARTIES MUST EXECUTE AN NDA (NON-DISCLOSURE AGREEMENT) PRIOR TO OBTAINING ANY FINANCIAL INFORMATION, AND OTHER RELEVANT INFORMATION ON HAND.
Building Area Total: 38977
Lot Size Dimensions: ~479 FT WIDE BY ~500 FT AVG DEPTH
List Price/SqFt: 72.58
Sold Price/SqFt: 60.93
Year Built: 1996
Location, Tax, and Legal
Country: US
Parcel Number: 8402-00-00-0135, 8402-00-00-0131
Tax Annual Amount: 38355
Tax Year: 2021
Tax Legal Description: See Lengthy Legals Attached In Documents.
Currently Not Used
Year Built: 1996
Status Change Information
Contingent Date: 2022-04-19
Major Change Timestamp: 2022-06-21T16:17:11Z
Major Change Type: Status Change
Purchase Contract Date: 2022-04-19
Close Date: 2022-06-21
Close Price: 2375000
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Current Use
Retail: 1
Shopping Center: 1
Heating
Central: 1
Road Frontage Type
City Street: 1
Highway: 1
Other: 1
Roof
Other: 1
Sewer
Public Sewer: 1
Utilities
Separate Electric Meters: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 7 - 10 Feet High
Maximum Ceiling Height: 94
Showroom: 1
Vac Off/Retail SqFt: 38977
Business Type
Commercial: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Retail: 1
Wholesale: 1
Location
Shopping Center: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Road Type: Asphalt; Zoning (Text): B-3, HWY COMMERCIAL; # Parking: 80; Included in Sale: Signs - Owned; Lease Provisions: Less than 1 Year; Meters: # Electric Meters: 32; Parking: Paved; SqFt - Total: 38977.00; Utilities at Site: Single Phase; Confidential Listing: N; Highway Access: Yes; % Occupancy: 97.00; Road Frontage: 479.00; Depth: 500.00; Commercial Property Name: RIVERSIDE VILLAGE; Financial Package: Yes; Franchise Opt In: No; Current # Tenant: 32.0000
Contract Information
Current Price: $2,375,000
Sold Price: $2,375,000
Status: Closed
Listing Contract Date: 2022-03-18
Property Sub Type: Business
Location Tax and Legal
Street Number: 2111-2146
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32141
MLS Area Major: 80 - Edgewater
Property Features
Building Features: Showroom
Business Type: Commercial; Professional Service; Professional/Office; Recreation; Retail; Wholesale
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Current Use: Retail; Shopping Center
Heating: Central
Location: Shopping Center
Road Frontage Type: City Street; Highway; Other
Roof: Other
Sale Includes: Building & Land
Sewer: Public Sewer
Utilities: Separate Electric Meters
Water Source: Public
Listing Office:
NSB Homes LLC
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.