747 S Ridgewood Avenue, Daytona Beach, FL 32114
$2,050,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
91,476
Status:
Closed
Current Price:
$2,050,000
List Date:
12/03/2021
Last Modified:
9/28/2024
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 project 20 yr warranty on both roofs 2 buildings 85% occupied, 7% 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 *extra land for more building-5 resid units prev approved
More Information MLS# 1091143
General Property Information
Lot Size Acres: 2.1
Number Of Units Total: 12
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Public Remarks: 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 project 20 yr warranty on both roofs 2 buildings 85% occupied, 7% 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 *extra land for more building-5 resid units prev approved
Year Built: 1916
Location, Tax, and Legal
Country: US
Parcel Number: 5339-03-65-0020
Tax Annual Amount: 12166
Tax Year: 2020
Tax Legal Description: W 1/2 OF LOTS 2 & 3 S OF CENTERLINE OF VACATED SOUTH CANAL PER ORD #92-479 & LOT 4 & N 90 FT OF W 185 FT OF LOT 5 BLK 65 DAYTONA PER OR 5336 PG 4428 PER OR 5575 PGS 0045-0046
Zoning Description: Other
Currently Not Used
Year Built: 1916
Accessibility Features YN: Yes
Status Change Information
Contingent Date: 2022-09-14
Major Change Timestamp: 2022-10-19T00:47:25Z
Major Change Type: Status Change
Price Change Timestamp: 2022-06-07T20:20:06Z
Purchase Contract Date: 2022-08-03
Close Date: 2022-10-18
Close Price: 2050000
Construction Materials
Block: 1
Brick: 1
Concrete: 1
Cooling
Central Air: 1
Zoned: 1
Current Use
Mixed Use: 1
Electric
200+ Amp Service: 1
Heating
Electric: 1
Zoned: 1
Roof
Other: 1
Security Features
Fire Sprinkler System: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Building Features
Ceiling Eve Height: 11 - 14 Feet High
Elevator: 1
Public Restroom: 1
Showroom: 1
Business Type
Business Park: 1
Church: 1
Mixed: 1
Professional Service: 1
Professional/Office: 1
Location
Commerce Park: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): Pcd; Financing: OWC - 1st; # Parking: 71; Interior Improvement: Ground Level Door; Included in Sale: Business Name, Good Will, Signs - Owned; Lease Provisions: Year - Year; Parking: Lighted, Paved; Utilities at Site: Three Phase; Confidential Listing: N; % Occupancy: 85.00; Commercial Property Name: 747 Office Suites; Franchise Opt In: No
Contract Information
Current Price: $2,050,000
Sold Price: $2,050,000
Status: Closed
Listing Contract Date: 2021-12-03
Property Sub Type: Business
Location Tax and Legal
Street Number: 747
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
Property Features
Building Features: Elevator; Public Restroom; Showroom
Business Type: Business Park; Church; Mixed; Professional Service; Professional/Office
Construction Materials: Block; Brick; Concrete
Cooling: Central Air; Zoned
Current Use: Mixed Use
Electric: 200+ Amp Service
Heating: Electric; Zoned
Location: Commerce Park
Roof: Other
Sale Includes: Building & Land
Security Features: Fire Sprinkler System
Sewer: Public Sewer
Water Source: Public
Listing Office:
Country Club Properties of Spruce Creek
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.