640 S Ridgewood Ave

Colliers as owner’s exclusive advisor, is pleased to present for sale 640 S Ridgewood Avenue (the “Property”). The former Budget Inn was converted to a treatment recovery facility about 2 years ago and operated in that capacity until December 2025. The Property offers a compelling opportunity for investors to reposition it for use such as a hotel/motel, multifamily, community residential home, adult day care, child care facility, bed & breakfast, office, retail, etc. The facility is located at Ridgewood Avenue (U.S. Route 1), Daytona Beach, FL 32114 and features excellent visibility and exposure to 30,000 AADT from U.S. Route 1 (Ridgewood Ave) in the Deltona–Daytona Beach–Ormond Beach MSA. Close proximity to Daytona public beaches, Daytona Beach International Airport, Daytona Speedway, and destination shopping centers along LPGA Blvd and International Speedway Blvd provides outstanding demand drivers and a build-in amenity base.