1245 Ridgewood AVE new

Holly Hill,FL 32117

$ 1400000

- Bed

0 Bath

4086 SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 4,086 sqft

Price per Sqft $342

Subdivision Walkers Holly Hill

MLS Listing ID 1216740

Year Built 1948

Annual Tax Amount $4,630

Lot Size 0.450 Acres

Lot Dimensions 0.45

Property Sub-Type Hotel/Motel

Source Daytona Beach Area Association of REALTORS®

Property Description

Unique Investment Opportunity in Holly Hill, FL

Discover a versatile investment property featuring nine sturdy concrete block structures offering a total of 14 rentable units. Currently operated as a motel, this property presents significant potential for expansion, redevelopment, or continued hospitality use.

Property Highlights:

Nine concrete block buildings
14 rentable units
Off-street parking for guests and tenants
Prime location in the heart of Holly Hill, Florida
Close proximity to major highways, shopping centers, beaches, hospitals, and House of worship.
This property offers an excellent opportunity for investors seeking a well-located asset with immediate income potential and room for growth. Whether you're looking to continue as a motel, convert to apartments, or explore other uses, this site provides a solid foundation for your investment plans.

Location

State FL

County Volusia

Community Walkers Holly Hill

Direction FROM US1 AND LPGA, GO NORTH ON US1, PROPERTY ON THE SE CORNER OF WALKER AND US1

Interior

Heating Varies by Unit

Cooling Electric,Multi Units,Wall Unit(s),Window Unit(s)

Exterior

Parking Features Off Street

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Available,Water Connected

Roof Type Shingle

Building

Lot Description Corner Lot

Water Public

Structure Type Block,Stucco

Others

Senior Community No

Tax ID 4242-50-07-0060

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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