Commercial $ 3,500,000

5993 S RIDGEWOOD AVE

Port Orange, FL 32127

  • 7,784 SqFt
  • 1.17 Lot Size
  • 1949 Year Built
NOW THIS IS A HIDDEN TREASURE!! (; Located in a prime, high-traffic area off of U.S. 1 (approx 3,200 cars per hour) this commercial waterfront property, known as "Hidden Treasure" -- offers an exceptional opportunity for entrepreneurs looking to expand an established business or invest in a future thriving business. The property boasts nearly 1.17 acres of land plus an additional 1+ acre of water access leased through DEP. In addition, 3 well-maintained buildings, each designed to accommodate a range of business operations, from restaurants to retail and all in between plus ready for immediate use. (2 tenants already in place.)
This piece of real estate can accommodate up to 325 people at once! Alongside the buildings, there are 3 spacious docks and seawall with 16 boat slip(s) and power/water ... perfect for boat traffic, water sports rentals, or any maritime-based ventures.
Imagine a second level ... or rooftop ... Imagine a fuel station for local boaters ... Imagine monthly rentals for boat slips ... THE ROI IS LIMITLESS WITH THIS OPPORTUNITY!
With an ample parking lot and 95 parking spots, the property can easily accommodate high customer volumes, ensuring smooth operations year-round. Plus the opportunity for additional income. The parking lot is designed for convenience and accessibility, making it easy for patrons to enjoy everything the property has to offer or store their toys after a day on the water.
The ample space allows for potential expansion or diversification, providing new owners with flexibility in growing their businesses and catering to the community's needs. At the heart of the property is the popular Tiki Bar and Grille, a well-established hotspot for locals and tourists alike, offering a fun and relaxing atmosphere with exceptional food and drinks. Known for its laid-back vibe, the Tiki Bar is a favorite spot to unwind, making it a lucrative business on its own. Additionally, the property also features a successful watercraft/jet ski rental business, providing customers with exhilarating water sports experiences while capitalizing on the prime waterfront location.
Whether you're looking to invest in an established waterfront business, expand your current operations, or simply capitalize on the prime Rose Bay waterfront location, this "hidden treasure" offers tremendous value and potential. With its unique combination of commercial buildings, parking lot space, ability to build up, waterfront access, docks/slips and a successful existing business portfolio, this property stands out as a hidden gem in the heart of a thriving community! Don't wait ... CALL TODAY FOR MORE INFO! ALL INFORMATION DEEMED TO BE TRUE BUT NOT GURANTEED.
Listed by LPT REALTY, LLC

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PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Restaurant

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 784 sqft

    Price per Sqft $449

    MLS Listing ID V4941625

    HOA Y/N No

    Year Built 1949

    Annual Tax Amount $5,899

    Lot Size 1.170 Acres

    Acres 1.17

    Lot Dimensions 188x103

    Property Sub-Type Restaurant

    Source Stellar MLS

  • Location

    State FL

    County Volusia

    Area 32127 - Port Orange/Ponce Inlet/Daytona Beach

    Zoning RC

  • Building

    Lot Description Corner Lot, City Limits, Near Public Transit, Oversized Lot, Sidewalk, Paved, Waterfront

    Story 2

    Entry Level Two

    Foundation Block, Pillar/Post/Pier, Slab

    Lot Size Range 1 to less than 2

    Sewer Public Sewer

    Water Public

    Structure Type Block,Concrete,Stucco

    New Construction false

  • Interior

    Heating Central, Ductless, Zoned

    Cooling Other

    Flooring Concrete, Other, Tile

  • Exterior

    Parking Features Ground Level, Lighted, Other, Over 30 Spaces

    Utilities Available Electricity Available, Public, Water Connected

    Waterfront Description Bay/Harbor,Canal - Saltwater

    View Y/N Yes

    Water Access Yes

    Water Access Desc Bay/Harbor,Canal - Saltwater,Intracoastal Waterway,River

    Roof Type Concrete,Metal

  • Others

    Ownership Corporation

    Acceptable Financing Cash, Conventional, Owner Financing

    Listing Terms Cash, Conventional, Owner Financing

    Special Listing Condition None

    Virtual Tour https://show.tours/v/xPZt9yc

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