921 S Ridgewood Avenue, Edgewater, FL 32132

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$400,000
List Price
$449,000

Property Description

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 THE BARNETT GROUP, INC.. Selling Office: OCEANS LUXURY REALTY FULL SVC.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on