4651 Ridgewood Avenue, Port Orange, FL 32127
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  • MLS#: 1214667 ( Commercial Sale )
  • Street Address: 4651 Ridgewood Avenue
  • Viewed: 20
  • Price: $850,000
  • Price sqft: $167
  • Waterfront: No
  • Year Built: 1970
  • Bldg sqft: 5100
  • Additional Information
  • Geolocation: 29 / -81
  • County: VOLUSIA
  • City: Port Orange
  • Zipcode: 32127
  • Provided by: Clayton Realty Group, LLC
  • Daytona Beach Area Association of REALTORS®
  • DMCA Notice
  • 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.
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Features
Land Information
  • Lot Features: Cleared
Garage and Parking
  • Parking Features: Parking Lot
Eco-Communities
  • Water Source: Public
Utilities
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Finance and Tax Information
  • Tax Year: 2024
Rental Information
  • Tenant Pays: All Utilities, Exterior Maintenance, Grounds Care, Insurance, Taxes, Other
Other Features
  • Legal Description: LOT 10 EXC N 10 FT & LOT 11 COYLES SUB BLK 2 ALLANS PORT ORANGE MB 6 PG 98 PER OR 4063 PG 3910 PER OR 7531 PG 559 PER OR 8195 PG 4820
  • Parcel Number: 6303-12-00-0100
  • Views: 20
Owner Information
  • Owner Pays: Roof Maintenance
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