Value Add Office/Warehouse Income Property- Edgewater

For Sale

328 North Ridgewood Avenue, Edgewater, FL 32132

This Edgewater property for sale is located at 328 North Ridgewood Avenue. The general use of Value Add Office/Warehouse Income Property- Edgewater is office and it incorporates 7,800 square feet of class B office space. The current listed sale price for Value Add Office/Warehouse Income Property- Edgewater is $1,100,000. Value Add Office/Warehouse Income Property- Edgewater is situated on a lot that is 0.53 acre in size.

Contacts

Mark Ascik

SVN | Alliance Commercial Real Estate Advisors

Property Details

  • Property Type Office - General Office
  • Property Size 7,800 SF
  • Lot Size 0.53 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Date Updated May 31, 2026
Discover the dynamic investment potential of the Daytona-Ormond Beach, FL MSA market, where the property is located. This vibrant area is a hotspot for commercial real estate investors, offering a strategic location and a thriving business environment.10.3% PRO FORMA CAP RATE Located in the quickly growing city of Edgewater, this office/warehouse space is suitable for investors or owner users. 0.53ac parcel with 7800sf warehouse/office space on busy US-1. Current owner converting renewing tenants to NNN leases. Ability for year two 10.3% cap rate by filling office vacancies. Owner/user would benefit from 6k square feet of office space and small bay warehouse in the rear of the building, with ability to sublet unused space to office tenants.
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Highlights

  • 0.53 acres+/- prime road frontage on US-1
  • 20+ parking spaces
  • 2023 HVAC and gutters
  • 2025 Roof and soffits
  • 3 bay warehouse- newly leased as of July 2025
  • B-3 Highway Commercial Zoning - Edgewater

Attachments

Getting around

  • 48/100

    Walk Score ®

  • 60/100

    Bike Score ®

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Location

  • City Edgewater, FL
  • Neighborhood Edgewater
  • Zip Code 32132
  • Market North Central Florida

Points of Interest

  • Shell

    0.60 miles

  • Murphy USA

    3.39 miles

  • Circle K

    3.61 miles

  • BP

    4.85 miles

  • Chevron

    4.98 miles

  • RaceTrac

    5.18 miles

  • Mobil

    8.83 miles

  • Lot 1

    6.52 miles

  • All Suite Motel

    0.06 miles

  • Black Dolphin Inn

    1.39 miles

  • Best Western Edgewater Inn

    1.90 miles

  • Anchor Inn

    2.12 miles

  • Ocean Trillium Suites

    2.13 miles

  • Ocean Eleven Suites

    2.30 miles

  • Sunisands Beach Club

    2.31 miles

  • Hacienda del Sol II

    2.39 miles

  • Best Western New Smyrna Beach Hotel & Suites

    2.45 miles

  • Buena Vista Inn

    2.70 miles

  • Perrine's Produce

    1.42 miles

  • Bealls Outlet

    2.06 miles

  • Winn-Dixie

    2.08 miles

  • ALDI

    2.08 miles

  • Publix

    2.25 miles

  • Big Lots

    2.43 miles

  • Walmart

    5.10 miles

Contact Listing Broker
Mark Ascik

SVN | Alliance Commercial Real Estate Advisors

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