$1,000,000
$1,100,000
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3,872 SqFt
SOLD DATE : 12/29/2023
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 3,872 sqft
Price per Sqft $258
Subdivision Fuller & Settle Alvarez Grant
MLS Listing ID NS1076582
Sold Date 12/29/23
HOA Y/N No
Originating Board New Smyrna Beach Board of Realtors
Year Built 1950
Property Description
Profitable 16+ year well established solid successful retail flooring business offered with property AND adjacent property with storefront to expand or sublease to another user and located in a high traffic area of Ridgewood Ave./US1 in Edgewater. This retail flooring store has been owned by current owner since the beginning and he is ready to retire and is seeking a new owner to continue the business growth. Owner has operated the business as a sole owner operator and has great relationships with independent installers/contractors. Included in the sale is goodwill, business name, showroom samples and displays, all equipment, warehouse equipment, inventory and office equipment. This is truly a “turn-key” profitable business opportunity with Seller willing to assist with business transition. The sale includes both parcels. 124 S. Ridgewood Ave which includes the flooring retail office, showroom and warehouse on corner lot with storefront fronting high traffic area of Ridgewood Ave./US1 with AADT of 27,500. 108 S. Ridgewood Ave. presents with a showroom/office with storefront and a 2-bedroom 1.5 bath with single car garage. This property can be used as owner/employee residency or can be leased for additional residential and/or business income. The property is located in the CRA District as well as the Opportunity Zone. Edgewater is a growing community with over 30 non-residential projects in the pipeline and 21 residential developments with over 11,000 homes in process. ;Water: City
Location
State FL
County Volusia
Community Fuller & Settle Alvarez Grant
Zoning B-3
Interior
Heating Central, Electric
Cooling Central Air
Appliance Gas Water Heater
Exterior
Utilities Available Natural Gas Available
Roof Type Flat,Metal,Other
Building
Lot Description City Limits
Entry Level One
Sewer Public Sewer
Water See Remarks
Structure Type Concrete
Others
Special Listing Condition None
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Bought with THE BARNETT GROUP, INC.
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