Address: 5110 Ridgewood Avenue, PORT ORANGE, FL 32127
Description
5 Unit Commercial Property for sale on busy US 1 in Port Orange. The sale includes Real Estate, a Marine Parts & Boat Lift and Boat Trailer Parts Business, and over $175k in Inventory. The building is CBS (concrete block construction) with a new roof installed in 2019. Each of the 5 commercial units have a private bathroom and individual electric meter. The business currently grosses $400k/year in average sales with much potential for an increase in sales. The business has been open for 50 years. Owners are ready to retire. The business operates in the 2 front storefronts, allowing the new owner to rent the remaining 3 of the rear empty storefronts or open 3 additional businesses. The RD zoning allows multi use for offices, retail stores, auto/ boat/ motorcycle/ trailer repair. and more. Lots of boats/boating/fishing in the area! Near the boat ramp, marinas, and intercoastal. BYOB (Bring Your Own Boat). Sellers may consider financing 50% with 50% down payment and good credit history.
5 Unit Commercial Property for sale on busy US 1 in Port Orange. The sale includes Real Estate, a Marine Parts & Boat Lift and Boat Trailer Parts Business, and over $175k in Inventory. The building is CBS (concrete block construction) with a new roof installed in 2019. Each of the 5 commercial units have a private bathroom and individual electric meter. The business currently grosses $400k/year in average sales with much potential for an increase in sales. The business has been open for 50 years. Owners are ready to retire. The business operates in the 2 front storefronts, allowing the new owner to rent the remaining 3 of the rear empty storefronts or open 3 additional businesses. The RD zoning allows multi use for offices, retail stores, auto/ boat/ motorcycle/ trailer repair. and more. Lots of boats/boating/fishing in the area! Near the boat ramp, marinas, and intercoastal. BYOB (Bring Your Own Boat). Sellers may consider financing 50% with 50% down payment and good credit history.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Linoleum
Living Area: 5136.00
Roof: Shingle
Property Information
Property Condition: Completed
Land Information
Lot Features: Central Business District, Sidewalk
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Shared Parking
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Electric: 200+ Amp Service
Heating: Central
Road Frontage Type: Business District, City Street, Main Throrughfare, State Road
Sewer: Public Sewer
Utilities: BB/HS Internet Capable, Electricity Available, Phone Available, Public
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Legal Description: LOT 8 EXC N 10 FT & LOT 9 BLK 8 NORWOOD PER OR 2641 PG 543 PER OR 5736 PG 3054 PER OR 6450 PG 3563
Area Major: 32127 - Port Orange/Ponce Inlet/Daytona Beach
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