Active
740 N RIDGEWOOD AVE
DAYTONA BEACH FL, 32114
$1,950,000
$63.55 per sqft
Active
0.7 Acres
Land
740 N Ridgewood Ave, Daytona Beach, FL: Investment property opportunity this parcel includes 4 storages/retail/offices spaces and fully equipped turnkey modern restaurant. Also available, 0 N Ridgewood Ave, Daytona Beach, FL (Land Lot - Acres: 0.2975) at additional cost, this land lot will be an ideal addition for extra parking or to build. (Vacant Lot MLS: 1201333). Call for land pricing.
Prime Investment Opportunity in the Heart of the City!
This exceptional investment opportunity is truly a once-in-a-lifetime find! Situated on a full acre of income-producing property, this site boasts 300 feet of frontage on US-1, offering maximum exposure with approximately 60,000+ vehicles passing by daily.
At the heart of this property is a brand-new, turn-key restaurant/bar, meticulously designed with top-of-the-line furnishings and appliances. Upon entry, guests are welcomed by an awe-inspiring ambiance that seamlessly blends contemporary elegance with rustic charm. The 1,925 sq. ft. restaurant features a modern open-concept layout with four drive-thru windows, stylish decor, and high-end finishes, including a harmonious mix of wood, metal, and marble accents. Additionally, there is 600+ sq. ft. of outdoor dining space, providing an inviting atmosphere for patrons. The restaurant is equipped with a 1,250-gallon grease trap and is fully furnished, making it a true turn-key operation. The landscaped parking lot is beautifully designed with lush greenery and lighting, enhancing the property's curb appeal.
Beyond the restaurant, the property includes a 6,300 sq. ft. commercial building, originally built in 1986 and thoughtfully updated with modern enhancements, including a new roof (2021), gutters, soffits, LED lighting, and bathroom renovations. This versatile building features four units, each with its own bathroom, and is currently utilized as office space and storage. The three smaller units are 1,400 sq. ft. each, while the largest is 2,000 sq. ft., offering ample flexibility for various business needs.
This property is being sold AS-IS and by appointment only. Don't miss your chance to invest in what could be the next big thing!
All information is sourced from tax records and, while deemed reliable, is not guaranteed.
V4940703
MLSⓇ ID
February 3, 2025
Listed
February 12, 2025
Updated
Exterior/Building Features
Lot Size
0.7 Acres
Sewer
Public Sewer
Other Property Details
Area Name
32114 - Daytona Beach
Taxes
$7,640
Tax Frequency
Annually
Days on Market
1
Association Fee Frequency
Monthly
Garage
No
View
No
County
Volusia
Municipality
15
Water Source
Public
Pool
No
Utilities
Sewer Connected, Water Connected
Zoning
LAND
Listed by OCEANS LUXURY REALTY FULL SVC
Listing Contact: 386-236-3700
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Data last updated 2/12/2025, 8:04 PM UTC