740 N Ridgewood Avenue is a $2,300,000, 8,112 square foot home on a 1.00 acre lot located in Daytona Beach, FL.
Nested in the heart of the city, this unique investment opportunity is a once of a lifetime find! This business arrangement is made up of an acre of income producing properties and 300 sqft of frontage on US-1 with approximately 60,000+ vehicles driving by daily. On this property you will find a brand new restaurant/bar, a set of storage units or offices and a vacant lot next door. Cleared and ready to build on; The seller didn't hold back building this turn-key fully furnished restaurant. The restaurant offers an exquisite space where design, top of the line furnishings, and appliances are in place. Upon entering you are instantly greeted by an awe-inspiring ambiance that marries contemporary elegance with a touch of rustic charm! The restaurant/bar boasts an open concept layout featuring 4 drive thru windows. The interior design is a testament to modern sophistication, tasteful decor and a harmonious blend of wood, metal and marble accents. The restaurant is 1925 sq ft with a 1250-gallon grease trap and an extra 600+ sq ft of outside dining. The parking lot is fully landscaped with beautiful plants and lighting. The back building was built in 1986 and has many upgrades including a 2021 roof. Let your mind run wild and make this space creative. This 6300 sq ft building has 4 units and 8 bathrooms and is currently being used as office space and storage. Recent upgrades are roof, gutters, soffit doors, LED lighting, and bathroom upgrades. 3 of the units are 1400 sq ft and the last one is 2000 sq ft. Parcel 2 is a 0.3 acre vacant-cleared lot zoned BA. This could be used as additional parking or its ready to build (utilities already at site). This property is AS-IS only and by appointment only. Don't miss the opportunity to be NEXT BEST THING! All information taken from the tax record, and while deemed reliable, cannot be guaranteed.
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Based on information from Stellar MLS, last updated 02/28/2024 at 05:05am MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.