2,540 SqFt
2,540 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 2,540 sqft
Price per Sqft $324
Subdivision Mason & Carswells Holly Hill
MLS Listing ID TB8501724
HOA Y/N No
Year Built 1948
Annual Tax Amount $9,687
Lot Size 0.590 Acres
Acres 0.59
Lot Dimensions 100x255
Property Sub-Type Hotel/Motel
Source Stellar MLS
Property Description
Exceptional investment opportunity located at 128 Ridgewood Ave! This 8-room motel offers strong income potential with endless possibilities for an owner-operator, investor, or hospitality entrepreneur. Situated on a high-visibility corridor, this property combines steady lodging revenue with the added benefit of an on-site office or spacious penthouse living quarters.
The property features eight guest rooms designed for short- or long-term stays, ample parking, and excellent exposure to both local and traveling traffic. The attached office/penthouse provides flexibility for on-site management, private owner accommodations, or additional rental income.
Whether you're looking to expand your investment portfolio, operate a boutique roadside motel, or create a live/work hospitality business, this property offers tremendous upside potential. Conveniently located near shopping, dining, major roadways, and area attractions, this motel is positioned to attract both repeat and transient guests.
Don't miss this rare chance to own an income-producing property with built-in residential or management space in a growing area!
Location
State FL
County Volusia
Community Mason & Carswells Holly Hill
Area 32117 - Daytona Beach
Zoning 09B4
Interior
Heating Ductless
Cooling Office Only, Mini-Split Unit(s)
Flooring Laminate, Tile
Appliance Dishwasher, Dryer, Microwave, Refrigerator, Washer
Exterior
Utilities Available Public
Roof Type Shingle
Building
Story 1
Entry Level One
Foundation Slab
Lot Size Range 1/2 to less than 1
Sewer Public Sewer
Water Public
Structure Type Concrete
New Construction false
Others
Ownership LLC
Acceptable Financing Cash, Private Financing Available
Listing Terms Cash, Private Financing Available
Special Listing Condition Short Sale
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8501724
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