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$1,200,000

0 Beds 0 Baths 12,306 SQFT 1.03 Acres
Type: Commercial

468 RIDGEWOOD AVENUE
DAYTONA BEACH, FL 32117

MLS#: V4949280
Elizabeth Walgrave
Elizabeth Walgrave
The Real Estate Advantage
Director of Operations
Phone: 612.396.4354
Office: 952.226.7700
Presented by: OCEANS LUXURY REALTY FULL SVC with 386-236-3700. - 386-236-3700

Property Description

 

Premier Mixed-Use Commercial Holding -- Holly Hill US-1 Redevelopment Corridor An institutional-caliber investment opportunity in one of Volusia County's most actively repositioning submarkets. This CC1-zoned, mixed-use asset commands 150 linear feet of frontage along US-1 across a 1.03-acre parcel, and is improved with three stand-alone masonry buildings totaling in excess of 12,000 square feet, each fitted with newer galvanized metal roofing (2014 and 2017 installation). The property is strategically positioned within a four-mile radius of Halifax Health Medical Center, Daytona Beach International Airport, Daytona International Speedway, Daytona State College/UCF, and Embry-Riddle Aeronautical University, with direct connectivity to the A1A beachside corridor, I-95, and I-4. The improvements support a diversified, multi-stream income profile. Building 1 (approximately 10,250 SF, two-story) is configured with two commercial suites, seven storage units, a private owner's residence, and four unfinished units offering meaningful value-add upside, supported by two recently installed HVAC systems and four supplemental mini-split units. Building 2 (approximately 1,420 SF) delivers three residential units -- two studios and one one-bedroom -- well suited to long-term or short-term tenancy. Building 3 (approximately 640 SF) comprises a stand-alone one-bedroom residence ideal for owner occupancy or supplemental rental income. A fully fenced half-acre rear yard currently produces ancillary revenue as a managed RV, boat, and trailer storage facility, with capacity for expansion or repositioning. Located within Holly Hill's designated redevelopment district, the property may be eligible for municipal redevelopment grants and economic incentives (prospective buyers to confirm with the City of Holly Hill). The combination of flexible CC1 zoning, in-place cash flow, prominent US-1 visibility, and proximity to the region's principal employment, education, healthcare, and tourism drivers positions this offering as a compelling acquisition for developers, owner-operators, and long-horizon investors seeking durable income with substantial appreciation potential. Private tours available by appointment.


 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

LivingAreaSource0 sqft
Air Conditioning Y/NYes
FlooringCarpet, Concrete, Laminate, Tile
Heating Y/NYes

General

Additional Parcels Y/NNo
Building Area Units0 sqft
Building FeaturesFencing, Outside Storage
CityDAYTONA BEACH
Construction MaterialsBlock, Stucco
CoolingCentral Air
CountyVolusia
DirectionsFrom Ridgewood (US 1) & Mason, go north on Ridgewood property on left after 3st
Flood Zone CodeX
Flood Zone Code XY
HeatingCentral, Electric
Legal Description37-15-33 LOTS 31 & 32 EXC RD BLK 22 MASON & CARSWELLS HOLLY HILL DB O PG 312 MB 14 PG 21 RESUB OF MASON & CARSWELLS HOLLY HILL MB 2 PG 90 MB 12 PGS 3-4 PER OR 4495 PG 2336 PER OR 7434 PGS 0144-0145 PER OR 8212 PG 2221 PER OR 8281 PG 0835 PER OR 8399 PG 47
Listing TermsCash
Living Area Units0 sqft
Lot Size Square Feet45,000 sqft
Lot Size UnitsAcres
MLS Area32117 - Daytona Beach
New ConstructionNo
Occupancy TypeTenant
OwnershipFee Simple
PossessionClose Of Escrow
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofMetal
Security FeaturesClosed Circuit Camera(s)
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMASON & CARSWELLS HOLLY HILL
Tax Annual Amount$9,929
Tax Lot31
Tax Year2025
UtilitiesElectricity Available, Water Connected
Virtual TourClick here
Water Access Y/NNo
Water View Y/NNo
Year Built1947
Zoning09B4

Exterior

Building Area Total12,518 sqft
Foundation DetailsSlab
Lot Size Acres1.03
Lot Size Area1 sqft
Number of Buildings3
Parking FeaturesOther, RV Parking, Secured
Road Frontage TypeCity Street, Highway
Road Surface TypePaved
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,200,000

0 Beds 0 Baths 12,306 SQFT 1.03 Acres
Type: Commercial

468 RIDGEWOOD AVENUE
DAYTONA BEACH, FL 32117

MLS#: V4949280
Elizabeth Walgrave
Elizabeth Walgrave
The Real Estate Advantage
Director of Operations
Phone: 612.396.4354
Office: 952.226.7700