FL > Port Orange
Port Orange, FL 32127,4651 Ridgewood AVE
Port Orange, FL 32127,4651 Ridgewood AVE
Port Orange, FL 32127,4651 Ridgewood AVE
Port Orange, FL 32127,4651 Ridgewood AVE
Port Orange, FL 32127,4651 Ridgewood AVE
Port Orange, FL 32127,4651 Ridgewood AVE
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Karla M. Fonseca

Karla M. Fonseca

+1(954) 695-9371
$ 850,000
Est. payment | /mo

5,100 SqFt

Save
$ 850,000
Est. payment | /mo
Save

5,100 SqFt

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,100 sqft

Price per Sqft $166

MLS Listing ID 1214667

Year Built 1970

Annual Tax Amount $4,159

Lot Size 0.300 Acres

Lot Dimensions 0.3

Property Sub-Type Retail

Source Daytona Beach Area Association of REALTORS®

Property Description

Investment Opportunity - National Tenant Occupied!! Secure, hassle-free income in a prime location. This well-maintained commercial property is occupied by a strong national tenant under a long-term NNN style lease with minimal landlord responsibility. The tenant covers all expenses including electric, water, garbage, rental tax, parking lot cleaning, property tax, building and wind insurance - landlord is only responsible for roof and structure maintenance. New roof was installed in 2023 ensures peace of mind for years to come. Current lease has been in place and has 7 years remaining with a 3-year option to renew. Tenant is currently paying $3,114/month. 3% increase per year. This is a turn-key investment opportunity offering steady cash flow and long term stability.

Location

State FL

County Volusia

Direction South of Dunlawton Ave

Interior

Heating Central, Electric

Cooling Central Air, Electric

Exterior

Parking Features Parking Lot

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Building

Lot Description Cleared

Water Public

Others

Senior Community No

Tax ID 6303-12-00-0100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Clayton Realty Group, LLC
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+1(954) 695-9371

karla.fonseca@lptrealty.com

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4651 Ridgewood AVE