815-823 Main Street
Daytona Beach, FL 32118

Listed at $1,200,000

Details

  • MLS# 1221930
  • Commercial - Retail
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 0 Square Feet
  • 0.350 acres
  • Built in 1925
  • Local Schools

Description

Rare Investment Opportunity | Iconic Main Street Commercial Assemblage815-823 Main Street, Daytona Beach, FL 32118Price: $1,200,000 ($107.55/SF) Building Footprint: 11,158 ± SF across 3 contiguous structures Lot Size: 0.35 ± Acres (Nearly half a block of prime frontage) In-Place NOI: $64,437.18 (5.37% In-Place Cap Rate)Gross Revenue: $105,068 / YearProperty OverviewRare investment opportunity on iconic Main Street in Daytona Beach! This 0.35± acre assemblage includes three contiguous, fully occupied commercial buildings totaling 11,158± SF with $105,068 in annual gross revenue and $64,437.18 in-place NOI, reflecting a 5.37%...read more cap rate. Located just blocks from A1A and the Worlds Most Famous Beach, the property sits in the heart of Daytonas premier event corridor with exceptional visibility, year-round activity, and significant traffic during Bike Week and Biketoberfest. Select month-to-month tenancies provide flexibility for future rent adjustments and value-add opportunities.

Features

  • $14,849 Taxes
  • Built in 1925
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial - Retail
  • Business Type: Bar/Tavern/Lounge, Gift Shop, Hobby, Mixed, Photographer, Restaurant
  • Days on Site: 248
  • Directions: A1A to Main Street. to 815-823
  • Lot Description: Historic Area
  • Lot Size: 0.35 Acres
  • Parcel #: 5304-01-07-0020
  • Parking: On Street, Parking Lot
  • Property Attached Y/N: No
  • Property Sub-Type: Mixed Use
  • Road Frontage: City Street
  • SQFT Total: 11158
  • Taxes: $14,849
  • Year Built: 1925