2335 S Ridgewood Avenue, Daytona Beach, FL 32119

Property Description

Well established strip mall for sale on busy UXS #1 (Ridgewood Ave). 4 tenants, 6 units, 6 meters. Tenants pay their own electric and pay rent plus (water,sewer,garbage,common area maintenance, sales tax). `Each unit has its own Central AC. 14 parking spots. 4 bathrooms plus plumbing for 2 more. Base rent is per month is $3,050.Total rent collected per month is $5258. Insurance ($2621) and property taxes ($4895) paid by owner. Well located across from the Sunshine Mall. Some tenants have been there for 15 years. All tenants are on a month to month. This building can be purchase with 2355 Ridgewood next door for a total of $1.2 million. There is a retention pond behind the building