3,251 SqFt
3,251 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 3,251 sqft
Price per Sqft $242
Subdivision Mason & Carswells Holly Hill
MLS Listing ID W7890790
HOA Y/N No
Year Built 1948
Annual Tax Amount $11,050
Lot Size 0.590 Acres
Acres 0.59
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
9 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 Attractions
An exceptional opportunity to reimagine a hospitality property in one of Florida's most celebrated coastal destinations. Ideally positioned along the established Ridgewood 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 Beach's 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 property's 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.
Location
State FL
County Volusia
Community Mason & Carswells Holly Hill
Area 32117 - Daytona Beach
Interior
Heating Ductless
Cooling Office Only, Mini-Split Unit(s)
Appliance Dryer, Washer
Exterior
Utilities Available Public
View Y/N No
Water Access No
Building
Lot Description City Limits, Sidewalk, Paved
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Structure Type Block,Concrete
New Construction false
Others
Ownership Fee Simple
Acceptable Financing Cash, Commercial Financing
Listing Terms Cash, Commercial Financing
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/W7890790
