921 S Ridgewood Avenue Edgewater, FL 32132
Other
MLS #: 1216542
Courtesy Of The Barnett Group, Inc.
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Building Units: 2
- Exterior Type: Block
- Floors: 1
- Legal Description: N 64.5 FT OF W 206.2 FT E OF US 1 OF LOT 10 MENDALLS HAWKS PARK MB 3 PG 73 MB 16 PG 42 PER OR 4569 PG 2521 PER OR 6870 PG 1628 PER OR 6996 PG 1787 PER OR 7587 PG 1531
- MLSID: 1216542
- Rooms: Bathroom 2
- Rooms: Bathroom 1
MAP & DIRECTIONS
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