5110 S Ridgewood Avenue, Port Orange, FL 32127

$995,000
5,136
SqFt

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List Price
$995,000
Status
Active
Days on Market
111
MLS#
S5147526
Property Style
Business
Year Built
1976
Living Area
5,136
Lot Size
18,000
Acres
0.41
Total Acreage
1/4 to less than 1/2
Legal Subdivision Name
Norwood
MLS Area Major
Port Orange/Ponce Inlet/Daytona Beach

Property Description

5-Unit Commercial Property for sale on busy US-1 in Port Orange. The sale includes Real Estate, a Marine Parts & Boat Lift and Boat Trailer Parts Business, and over $175k in Inventory. The building is CBS (concrete block construction) with a new roof installed in 2019. Each of the 5 commercial units have a private bathroom and individual electric meter. The business currently grosses $400k/year in average sales with much potential for an increase in sales. The business has been open for 50 years. Owners are ready to retire. The business operates in the 2 front storefronts, allowing the new owner to rent the remaining 3 of the rear empty storefronts or open 3 additional businesses. The RD zoning allows multi-use for offices, retail stores, auto/ boat/ motorcycle/ trailer repair. and more. Lots of boats/boating/fishing in the area! Near the boat ramp, marinas, and intercoastal. BYOB (Bring Your Own Boat). Sellers may consider financing 50% with 50% down payment and good credit history.

Additional Information

Taxes Annual
$7375
Location
Central Business District, Sidewalk
Community Features
No Deed Restriction
Floor
Linoleum
Utilities
BB/HS Internet Capable, Electricity Available, Phone Available, Public
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Roof
Shingle
Foundation
Slab
Pool
No Pool
Garage Features
Shared Parking
Flood Zone Code
X
Parcel ID
10 16 33 12 08 0080
Legal Description
LOT 8 EXC N 10 FT & LOT 9 BLK 8 NORWOOD PER OR 2641 PG 543 PER OR 5736 PG 3054 PER OR 6450 PG 3563

Listing courtesy of LUXURY ORLANDO REAL ESTATE. 407-705-7634

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