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Belmont Plaza 2120 S Ridgewood Ave 14,400 SF 100% Leased Retail Building Edgewater, FL 32141 $2,300,000 ($159.72/SF)

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INVESTMENT HIGHLIGHTS

  • Transformative Surrounding Development: Adjacent to Deering Park North & Deering Park Center, a 7,000+ acre master-planned community.
  • Robust Traffic Counts: Exposure to ±21,500 vehicles per day (VPD).
  • Superior Accessibility & Visibility: Prominent frontage with convenient on-site parking for customers.
  • Prime US-1 Location | S. Ridgewood Avenue: Positioned along a highly trafficked corridor with excellent frontage and visibility.
  • Established & Diverse Tenant Mix: A strong lineup of tenants meeting everyday local demand.
  • Compelling Value-Add Potential: Significant upside through conversion to triple net leases and rental growth.

EXECUTIVE SUMMARY

Belmont Plaza presents a compelling opportunity to acquire a multi-tenant retail asset along one of Edgewater’s most visible and well-traveled corridors. Located on South Ridgewood Avenue (US-1), the property benefits from strong daily traffic counts and proximity to both residential neighborhoods and commercial anchors, making it a strategic location for long-term investment.
Edgewater is part of the greater Daytona Beach metro area and continues to attract investment due to its business-friendly climate, growing population, and proximity to major transportation routes. The city offers direct access to I-95, SR-442, and the Daytona Beach International Airport, supporting regional connectivity and tenant demand.
The plaza’s layout and visibility make it suitable for a mix of service-oriented tenants, retail storefronts, and professional offices. Its location near the Indian River and the Atlantic coast also supports seasonal and tourism-driven traffic, adding to its appeal for businesses targeting both local and visitor markets.
With a listed price of $2,300,000, Belmont Plaza offers investors a chance to acquire a stabilized retail asset in a growing market with strong fundamentals. Whether held for income or repositioned for value-add, the property’s location and scale support a range of investment strategies.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,400 SF
Building Class
C
Year Built
1989
Price
$2,300,000
Price Per SF
$159.72
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.93 AC
Zoning
C - General Commercial
Parking
93 Spaces (6.46 Spaces per 1,000 SF Leased)
Frontage
264’ on South Ridgewood Avenue

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

Grand Rental Station
Fairwinds Credit Union
Regions Bank
The YMCA
  • Listing ID: 37998689

  • Date on Market: 10/8/2025

  • Last Updated:

  • Address: 2120 S Ridgewood Ave, Edgewater, FL 32141

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