2141 S Ridgewood Avenue, South Daytona, FL 32119
$1,175,000
Property Type:
Commercial Sale
Square Footage:
8,350
Lot Size (sq. ft.):
44,867
Status:
Active
Current Price:
$1,175,000
List Date:
3/24/2026
Last Modified:
3/24/2026
Description
Value-Add Opportunity! Neighborhood strip center for sale in high-traffic location with excellent parking.
Concrete block construction. New TPO roof in 2018 (as per the owner).
The list price is well below replacement cost ($140/SF).
Center needs to be leased up (currently only 67% occupied with many current tenants paying below market rents).
Supplements: Currently 67% occupied. A city code lien is preventing the owner from leasing any of the vacant units. The building is in code compliance, but the fines will be paid at closing. Once the fines are paid, the new owner will be free to rent the vacant spaces. After renovation/clean-up, projected income is comfortably $13 per square foot net ($17/SF modified gross). or $100,200-$116,900/year NET income.
More Information MLS# 1224449
General Property Information
Lot Size Acres: 1.03
Waterfront YN: No
Directions: xx
Public Remarks: Value-Add Opportunity! Neighborhood strip center for sale in high-traffic location with excellent parking.
Concrete block construction. New TPO roof in 2018 (as per the owner).
The list price is well below replacement cost ($140/SF).
Center needs to be leased up (currently only 67% occupied with many current tenants paying below market rents).
Building Area Total: 8350
Year Built: 1978
Location, Tax, and Legal
Country: US
Parcel Number: 5344-16-00-0230
Tax Annual Amount: 9474.61
Tax Year: 2025
Tax Legal Description: LOTS 22A & 23A EXC E 225 FT & EXC PART IN ST RD 5 BLAKE MB 1 PG 38 PER OR 2603 PG 1006 PER OR 5362 PG 1596 PER OR 7532 PG 4086
Zoning Description: Commercial
Currently Not Used
Year Built: 1978
Lot Features
Other: 1
Parking Features
Other: 1
Sale Includes
Building & Land: 1
Contract Information
Current Price: $1,175,000
List Price: $1,175,000
Status: Active
Listing Contract Date: 2026-03-24
Property Sub Type: Retail
Location Tax and Legal
Street Number: 2141
Street Direction Prefix: S
Street Name: Ridgewood
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32119
MLS Area Major: 25 - Daytona S of Beville, E of Nova
Status Change Information
Major Change Timestamp: 2026-03-24T13:59:38Z
Major Change Type: New Listing
Property Features
Lot Features: Other
Parking Features: Other
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: March - 24 - 2026
Information deemed reliable but not guaranteed.