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Property Description
Opportunity to acquire income-producing investment with a solid lease already in place with a recognized national chain take-out restaurant. Whether you're an investor seeking investment returns or looking to add a low-maintenance asset to your portfolio, this property delivers strong fundamentals: high-traffic location, quality construction, and a proven national tenant already in place. Located on high-visibility corner lot on US-1 / Ridgewood Ave - one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi-directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200' of Ridgewood Ave. frontage. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed. Measurements are approximate. Buyers and their agents must verify all information that is important to them.
Full Property Details
Full Property Details for 1015 S Ridgewood Ave
General
- Price: $525,000
- Taxes: $6,557 (2025)
- Status: Active
- Type: Commercial
- Source: MidFloridaRegionalMLS
- MLS ID: NS1087926
- Updated: 4/14/2026
- Added to Site: 1 day(s) ago
Interior
- Flooring: Tile
Parking
- Parking Features: Ground Level
Location
- Area: 32132 - Edgewater
- County: Volusia
- Development Name: 32132 - Edgewater
- Subdivision: TURGOT TERRACE MENDALL HOMESTEAD
- Driving Directions: South on Ridgewood Ave. to address on the east side at the intersection of Turgot and S. Ridgewood Ave.
- Direction Faces: West
Community
- Community Name: 32132 - Edgewater
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Exterior Const.: Brick, Concrete
- Square Feet: 1,957
- Sq. Ft. Source: Public Records
- Year Built: 1976
Lot Features
- Lot Size (Acres): 0.66
- Lot Size (Sq. Ft.): 23,900
- Lot Size: 23900
- Lot Dimensions: 200 x 145
- Frontage: Business District, City Street, Divided Highway, Turn Lanes
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $6,557.4
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: LOTS 1 2 & 3 EXC W 34 FT IN RD & LOT 5 BLK A TURGOT TERRACE MENDALL HOMESTEAD PER OR 4413 PG 2682 PER OR 5625 PG 3080
- Flood Zone Info: X
- APN: 743306010010
- Property ID: 743306010010
- Block/Lot/Section: A
Listed by The Barnett Group, Inc.
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Schools
Schools serving 1015 S Ridgewood Ave
School District:Volusia County School District
| Name | Grades | Distance |
|---|---|---|
Edgewater Public School 801 South Old County Road, Edgewater, FL 32132 | PK-5 | 0.3 mi |
New Smyrna Beach Middle School 1200 South Myrtle Avenue, New Smyrna Beach, FL 32168 | 6-8 | 1.9 mi |
New Smyrna Beach High School 1015 10th Street, New Smyrna Beach, FL 32168 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1015 S Ridgewood Ave
Date
Details
Price
Change
Source
4/14/2026
Listed
$525,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1015 S Ridgewood Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,661
19%
$360,124
5%
2024
$6,421
3%
$342,992
5%
2023
$6,245
4%
$328,071
13%
2021
$5,978
1%
$290,893
-5%
2022
$5,899
-1%
$305,653
7%
2021
$5,978
3%
$285,300
4%
2019
$5,829
—
$274,010
2%
2018
$5,818
3%
$268,106
6%
2017
$5,658
4%
$252,684
11%
2016
$5,449
-2%
$228,452
1%
2015
$5,533
-1%
$226,168
1%
2014
$5,570
3%
$224,800
4%
2013
$5,431
—
$215,805
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1015 S Ridgewood Ave
1015 S Ridgewood Avenue, Edgewater, FL 32132 (MLS# NS1087926) is a Commercial property. 1015 S Ridgewood Avenue is currently listed for $525,000 and was received on April 14, 2026. Want to learn more about 1015 S Ridgewood Avenue? Do you have questions about finding other Commercial real estate for sale in Edgewater? You can browse all Edgewater real estate or contact a Coldwell Banker agent to request more information.

