$2,000,000

5236 S Ridgewood Avenue

PORT ORANGE FL, 32127

Description

THIS 2.38 Acre Commercial Land Sale with Option to purchase Business Occupying property. Price for land only is $2.0M with tenant income. Zoning is "RD". (Attached document for list of approved development) Optional business price is $849,000. WELL ESTABLISHED customer base on 25,000+ DAILY VEHICLE COUNT! US 1. Land is 2.38 acres. Very successful year round business with customers from around the country. Sale includes Property (Buildings (7) & Land 2/.38 ac). Included in the business sale - Type 4COP+Package liquor license, business name, good will, signs, decor, furnishings, & equipment. Indoor steakhouse has bar and entertainment area, multiple wide screen TVs with plenty of seating at bar and tables. Outdoor sports bar is both inside covered bar seating, outside covered bar seating and huge entertainment area for live music. Property also contains three apartments for lease and multiple storage buildings. There are three retail shops for rentals and a detached building for independent rent or lease. Parking can handle 200 vehicles or approximately 2,000 motorcycles. Two entrances on US Hwy 1 and one on Commonwealth allow plenty of access for customers. Modern up dated kitchen, detached refrigeration unit, multiple bar refrigerators and food equipment to handle the largest events are all included in the sale. All NASCAR & Biker decorations are part of the sale along with furnishings and fixtures.Complete financials are available to qualified buyers with proof of funds and acceptable offer. Escrow Holder - Watson Realty Corp; Title Closer - Watson Title Services Inc.

Details

MLS#V4910330
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1930
Days On Site220

Features

SQ Feet11,939
Story(s)1
Zoning01B4

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Area Information

StateFL
CountyVolusia
CityPORT ORANGE
Zip Code32127
Area32127 - Port Orange/Ponce Inlet/Daytona Beach
Listing VS Median (in 32127)
Price:
$2,000,000
low | high
Med:
$424,450
100% of Average
SqFt:
11,939
low | high
Med:
1,512
100% of Average
$ / SqFt:
$168
low | high
Med:
$281
17.640126701685% of Average
On Site:
220
low | high
Med:
31
100% of Average
Listing Updated: 05/30/2020
MLS Number: V4910330
Listing Provided By:
Bob Brewster  of  WATSON REALTY CORP.

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