128 Ridgewood Avenue
Holly Hill, FL 32117

Listed at $789,000

Details

  • MLS# W7890790
  • Commercial -
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 3,251 Square Feet
  • 0.590 acres
  • Built in 1948
  • Local Schools

Description

A Distinctive Hospitality Investment Opportunity in Daytona Beach9 Rentable Units | 10 Bedrooms | Fully Furnished | 0.59 Acres | Established Motel Property | Single-Story Building | Prime US-1 Frontage | High-Visibility Commercial Corridor | On-Site Parking | ADA-Designated Guest Suite | Two-Bedroom Penthouse | Office & Potential Owner/Manager Accommodations | Boutique Hospitality Potential | Investment & Repositioning Opportunity | Convenient Access to Daytona Beach AttractionsAn exceptional opportunity to reimagine a hospitality property in one of Florida's most celebrated coastal destinations. Ideally positioned along the established Ridgewood...read more Avenue (US-1) commercial corridor, 128 Ridgewood Avenue offers investors and hospitality entrepreneurs a compelling opportunity to acquire and reposition a motel property within the greater Daytona Beach market.Set on approximately 0.59 acres, this single-story property features nine rentable accommodations comprising seven standard guest rooms, one ADA-designated guest suite, and a two-bedroom penthouse, providing a total of ten bedrooms. Offered fully furnished, the property includes an existing lodging configuration, on-site parking, and prominent frontage along a well-traveled commercial thoroughfare. Its established layout provides a versatile foundation for a renewed hospitality concept, boutique accommodations, or an owner-operated lodging business. The penthouse includes a living room, two bedrooms, a bathroom, kitchen, and dining area, offering additional potential for guest accommodations or owner/manager use, subject to applicable requirements.A location defined by accessibility, recreation, and opportunity. Situated just inland from the Atlantic coastline, the property enjoys convenient access to Daytona Beachs renowned attractions, including Daytona International Speedway, the Daytona Beach Boardwalk, and the Ocean Center. The surrounding destination is distinguished by its coastal lifestyle, celebrated motorsports heritage, year-round events, entertainment, dining, and recreational offerings.For the discerning investor, the propertys appeal extends beyond its existing hospitality configuration. Its Ridgewood Avenue presence and parcel size present possibilities for thoughtful renovation, strategic repositioning, or alternative commercial applications, subject to applicable zoning, regulatory approvals, and independent due diligence.Whether envisioned as a revitalized roadside retreat, an intimate boutique lodging destination, or a long-term commercial investment, 128 Ridgewood Avenue presents an opportunity to bring a distinctive vision to an established coastal market.A property of possibility. A location of enduring appeal. An opportunity to create what comes next.

Features

  • Dryer
  • Washer
  • Office Only, Mini-Split Unit(s)
  • Ductless
  • 1.0 Story
  • $11,050 Taxes
  • Built in 1948
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Appliances: Dryer, Washer
  • Building: Bathrooms
  • Cooling: Office Only, Mini-Split Unit(s)
  • Directions: Travel north on Ridgewood Avenue (US Highway 1) to 128 Ridgewood Avenue. The motel Coastal Chalet Suites will be on the left, across from Krystal.
  • Exterior: Block, Concrete
  • Flood Zone Code: x
  • Foundation: Slab
  • Heating: Ductless
  • Home Warranty Y/N: No
  • Listing Terms: Cash, Commercial Financing
  • Lot Description: City Limits, Sidewalk, Paved
  • Lot Dimensions: 0.59
  • Lot Size: 0.59 Acres
  • Number of Restrooms: 9
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Hotel/Motel
  • Showing Instructions: 24 Hour Notice, Appointment Only, Call Listing Agent, Listing Agent Must Accompany, ShowingTime
  • Special Sale Provisions: None
  • Stories: 1.0
  • Taxes: $11,050
  • Utilities: Public
  • Water Access Y/N: No
  • Windows: Blinds
  • Year Built: 1948