409 N Ridgewood Avenue

Description

Presenting a remarkable opportunity or a professional office, home or both as a mixed-use on a strategically positioned corner lot in the Highway Commercial District of Edgewater with a traffic count of 25,000 AADT. This property offers exceptional visibility and accessibility with a bi-directional median cut that enhances traffic flow, making it a prime location for businesses seeking maximum exposure. Take advantage of potential tax incentives and benefits offered by the Opportunity Zone designation which provides a unique chance to defer and reduce capital gains taxes, potentially leading to substantial long-term returns. Location is also within a Community Redevelopment Agency district, that enhances the property's value and potential for community driven projects and offers variousincentives and resources aimed at fostering economic growth and development. It includes two rooms that can be used for offices, conference room and/or bedrooms, large reception area or living room, a 3rd office or dining room along with a full kitchen. Bath and a half with a garage and large storage shed. Landscaped property providing a nice curb appeal with a nice side yard giving you more space. Electric tankless insta-hot water, new roof in 2018 and new a/c in 2022. Very short distance to the east is the scenic Riverside Dr. along the Indian River waterfront with many riverfront parks.