5110 S RIDGEWOOD AVENUE at

5110 S RIDGEWOOD AVENUE

For sale Days on market 1

$995,000

$194/sq ft

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Overview

Year Built

1976

Sqft

5136

Property Type

Business

Property 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.

Property Details

MLS#

S5147526

Total Floor in Bldg

Address

5110 RIDGEWOOD S

City

Port Orange

State/county

Zip/Postal Code

32127

Area

Norwood

Country

United States

HOA

Yes

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,375

Maint Fee

$--

Tax Year

2025

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