418 South Ridgewood Ave-Office Building For Sale or Lease

Office for Sale
Catylist Listing ID: 30332925
Property Subtypes: Office Building
Building Size (RSF): 6,879 SF
Gross Building Area: See Agent
Gross Land Area: 1.01 Acres
Sale Price: $650,000
Unit Price: $94.49 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

Freestanding Multi-purpose building located a half mile South of International Speedway Boulevard for sale or lease. The property sits on two parcels totaling one acre with access from Seagrave Street and Ridgewood Avenue. 40 parking spaces are available with the option of creating additional spaces on the adjacent lot. T-2 Zoning allows for a variety of uses including Office, Medical Office,Assisted Living facility, Adult day care, day care, schools, churches, shelters and others. Owner financing available.

Sale Price - $595,000: The building can be divided up into 3 separate offices or used by a single occupant. There are 2 floors, +/- 4,500 square feet upstairs and +/- 2,400 square feet downstairs. The downstairs office has a roll up door. The building has 5 half baths and 1 full bathroom. An elevator shaft is in place in the center of the building.

Lease Rate - $9 NNN: 12-120 months, 1,500-6,879 square feet of office space available. The office may be leased as a whole or divided into separate units. Space can be custom tailored to fit your exact need. Front Upstairs office space is approximately 1500 square feet with 2 bathrooms which utilizes the main entrance. The rear upstairs office space is approximately 2,000 square feet with 2 bathrooms which has private entry access from a side entrance or rear entrance. The down stairs office space is approximately 2,250 square feet with rear entrance and roll up door. The downstairs space also has a 500 square foot storage area. The rear office spaces have an elevator shaft in place. Sub-Lease available.

Additional Details

Nearest MSA: Deltona-Daytona Beach-Ormond Beach
County: Volusia
Tax ID/APN: 5339-01-17-0040 & 5339-01-17-0050
Zoning: DAYTONA BEACH T-2: TOURIST/OFFICE/RESTAURANT
Property Located Between: Approximately a half mile from International speedway blvd located on the west side of US1
Highway Access: I95 & I4
Airports: Daytona Beach International Airport
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1998
Year Renovated: 2002
Total Parking Spaces: 40
Zoning Description: Daytona Beach T-2: Tourist/Office/Restaurant
Lot Frontage: 80
Lot Depth: 405

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,127 73,300 126,106
Median Age: 34.49 41.29 44.29
Households: 5,705 32,668 57,854
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.