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1015 S RIDGEWOOD AVE Edgewater, FL 32132
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Key Details
Sold Price $425,000
Property Type Commercial
Sub Type Restaurant
Listing Status Sold
Purchase Type For Sale
Square Footage 1,957 sqft
Price per Sqft $217
Subdivision Turgot Terrace Mendall Homestead
MLS Listing ID NS1087926
Sold Date 08/14/26
Construction Status Completed
HOA Y/N No
Year Built 1976
Annual Tax Amount $6,557
Lot Size 0.660 Acres
Acres 0.66
Lot Dimensions 200 x 145
Property Sub-Type Restaurant
Source Stellar MLS
Property Description
Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave – one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The property is located in the CRA District as well as the Opportunity Zone. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed.
Location
State FL
County Volusia
Community Turgot Terrace Mendall Homestead
Area 32132 - Edgewater
Zoning COMM. - B3
Interior
Heating Central, Electric
Cooling Central Air
Flooring Tile
Exterior
Parking Features Ground Level
View Y/N No
Water Access No
Exposure West
Building
Lot Description Central Business District, Corner Lot, Oversized Lot
Story 1
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
New Construction false
Construction Status Completed
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
© 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved.
Bought with Tracey Barlow THE BARNETT GROUP, INC.
NEARBY SCHOOLS & BUSINESSES
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