Share this with your friends
386-986-0828
Florida Beaches Real Estate Company
2141 S Ridgewood Avenue, South Daytona, FL 32119
- $1,100,000
- Sold Price
- $1,100,000
- List Price
- $1,175,000
- Status
- CLOSED
- Days on Market
- 129
- Closing Date
- Apr 20, 2026
- MLS#
- 1224449
- Subtype
- Commercial Sale
- Year Built
- 1978
- Lot Size
- 44,866
- Acres
- 1.03
- Neighborhood
- 25 - Daytona S of Beville, E of Nova
- MLS Area Major
- 25 - Daytona S of Beville, E of Nova
Property Description
Value-Add Opportunity! Neighborhood strip center for sale in high-traffic location with excellent parking. Concrete block construction. New TPO roof in 2018 (as per the owner). The list price is well below replacement cost ($140/SF). Center needs to be leased up (currently only 67% occupied with many current tenants paying below market rents). Currently 67% occupied. A city code lien is preventing the owner from leasing any of the vacant units. The building is in code compliance, but the fines will be paid at closing. Once the fines are paid, the new owner will be free to rent the vacant spaces. After renovation/clean-up, projected income is comfortably $13 per square foot net ($17/SF modified gross). or $100,200-$116,900/year NET income.
Additional Information
- Parking Features
- Other
Listing courtesy of SVN Alliance Commercial Real Estate Advisors.
Selling Office: SVN Alliance Commercial Real Estate Advisors.How much is your home worth?
...get instant property value now!
Mortgage Calculator
© 2026 Daytona Beach Area Association of REALTORS®
Information Courtesy of Daytona Beach Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and data is deemed reliable but is not guaranteed accurate by the MLS.