About 468 Ridgewood Avenue
**Unique Investment Opportunity in Holly Hill's Redevelopment Area** Discover an exceptional mixed-use commercial property with incredible potential in Holly Hill's thriving redevelopment zone. This CC1 zoned property offers 150 feet of frontage along US1 and spans 1.03 acres, making it an ideal investment for developers, business owners, or investors seeking income and growth opportunities. **Property Highlights:** - **Prime Location:** Just 4 miles from Halifax Hospital, Daytona International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry Riddle. Easy access to the Beachside A1A Corridor (5 miles), I-95 (6 miles), and I-4 (8 miles). - **Flexible Spaces:** Comprising three stand-alone block buildings totaling over 12,000 sq ft, all featuring new galvanized metal roofs (installed in 2014 and 2017). - **Building 1:** Approximately 10,250 sq ft, two-story structure with two commercial units, seven storage units, an owner's suite, and four unfinished units. Upgraded with two new HVAC units and four mini-split systems for efficient climate control. - **Building 2:** Around 1,420 sq ft with three residential units two studio apartments and one one-bedroom apartment ideal for rental income or multi-use purposes. - **Building 3:** A 640 sq ft one-bedroom residential unit, offering additional rental or owner occupancy options. - **Additional Features:** A half-acre fenced rear lot currently used for RV, boat, and trailer storage, providing extra income or expansion possibilities. **Redevelopment & Investment Potential:** This property is situated in a burgeoning area with access to redevelopment grantscontact the City of Holly Hill for details. Its strategic location and versatile layout make it perfect for commercial, residential, or mixed-use development projects. **Don't miss out on this rare opportunity to invest in a high-growth area with immediate income potential and future development prospects.**
Features of 468 Ridgewood Avenue
| MLS® # | 1215168 |
|---|---|
| Price | $1,300,000 |
| Bedrooms | 5 |
| Bathrooms | 9.00 |
| Full Baths | 9 |
| Square Footage | 12,518 |
| Acres | 1.03 |
| Year Built | 1947 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 468 Ridgewood Avenue |
|---|---|
| Area | 41 - LPGA to Granada, E of Nova |
| Subdivision | Not on the List |
| City | Holly Hill |
| County | Volusia |
| State | FL |
| Zip Code | 32117 |
Amenities
| Utilities | Cable Not Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected |
|---|---|
| Parking | Additional Parking, Attached, Garage, Gated, Guest, Off Street, Parking Lot, RV Access/Parking, Secured, Shared Driveway, Unassigned |
| # of Garages | 7 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Laminate, Tile |
|---|---|
| Appliances | Electric Oven, Electric Water Heater, Instant Hot Water, Microwave, Refrigerator, Tankless Water Heater |
| Heating | Central, Electric, Hot Water, Separate Meters |
| Cooling | Central Air, Electric, Individual, Multi Units, Separate Meters, Split System, Varies by Unit, Wall/Window Unit(s) |
| Fireplace | No |
| Stories | Two |
Exterior
| Lot Description | Cleared |
|---|---|
| Roof | Metal |
| Construction | Block, Stucco |
Additional Information
| Zoning | Commercial |
|---|
Listing Details
| Office | Oceans Luxury Realty Full Service LLC |
|---|