4651 Ridgewood AVE Active Save Request In-Person Tour Request Virtual Tour
Port Orange,FL 32127
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. 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