921 S RIDGEWOOD AVE, EDGEWATER, FL 32132

$449,000

Pending · 89 days on market · MLS# MFRNS1085681

Living area1,200 sq ft
Lot size0.31 acres
Year built1958
Property typeBusiness
WaterfrontYes
Annual taxes$3,748
CountyVolusia

About this home

Under contract-accepting backup offers. Excellent investment opportunity! This profitable and well-maintained commercial property features a fully equipped laundromat with 22 washers and dryers, PLUS a three-bay self-serve car wash with two high-powered vacuums with loyal clientele. Endless potential for additional revenue streams or redevelopment. Convenient customer access with multiple parking spots. Situated on a major corridor through Edgewater, close to residential but within the growing business district and this location benefits from high visibility, consistent drive-by traffic with Annual Average Daily Trips (AADT) at 29,000, and easy accessibility for local customers with convenient ingress and egress from either US1/Ridgewood or city street parallel to the east. This is located in a growing community and located within the CRA District and Opportunity Zone. Whether you're an investor seeking cash flow or an owner-operator looking to be hands-on, this is a rare dual-business opportunity in a growing coastal Florida market.

Listing courtesy of Tracey Barlow, THE BARNETT GROUP, INC.. Presented by MC Homes Realty Inc · 727432218.

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