The property is located 1 block from the SR442 and Ridgewood Ave. intersection and consist of 4 parcels totaling 1.837 acres. The property includes 5 structures totaling over 8, 200 square feet, 4 of which are commercial and 1 is a residential structure. All of the property is zoned B3 Highway Commercial. These structures were associated with a tavern that has been closed. The value has been placed in the property. It is located at the corner of Boston Rd. and S. Ridgewood Ave. in the area of new national chain retail. It has right in and left in ingress and over 300’ Ridgewood frontage with FDOT permitted driveway cut. The AADT count is 22, 500 and elevations range from 15’-17’ without suspected wetlands. Presently, the city of Edgewater has ~15, 000+ residential permits either approved and/or in the pipeline for approval. The property is also located in the CRA district which provides grant opportunities as well as commitment that a portion of the taxes will be used to enhance the property values in the area. Property has a clean Phase I environmental study. Since the properties presently have structures, there may impact fee credits available if structures are demolished. Immediately adjacent to this property is an additional 1.837 acres that may be considered as possible assemblage opportunity for a total of 3.674 acres. All parcels would provide approximately 604 linear feet of Ridgewood frontage. There are also several existing FDOT access points with these parcels.
Property Details
Interior Information
Total Num Buildings
5
Building Area Total Srch Sq M
769.70
List Office Head Office Key Nume
1044811
Living Area
4842
Exterior Information
Stories Total
1
Additional Information
Lot Size Dimensions
300 x 300
Directions
South on Ridgewood/US 1 in Edgewater 1 block south of SR442/Indian River Blvd.
Occupant Type
Vacant
Property Type
Commercial Sale
Special Listing Conditions
None
State Or Province
FL
Neighborhood Map
Popup
Property Photos
MLS #MFRNS1080576
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provided by Stellar MLS.
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The source of the listing data is as follows:
Stellar MLS (updated 5/19/24 2:30 AM) |