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$ 1,200,000
Est. payment | /mo
11,158 SqFt
$ 1,200,000
Est. payment | /mo
11,158 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,158 sqft
Price per Sqft $107
MLS Listing ID 1221930
Year Built 1925
Annual Tax Amount $14,849
Acres 0.35
Property Sub-Type Mixed Use
Source Daytona Beach Area Association of REALTORS®
Property 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 Overview
Rare 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% cap rate. Located just blocks from A1A and the ''World's Most Famous Beach,'' the property sits in the heart of Daytona's 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.
Rare 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% cap rate. Located just blocks from A1A and the ''World's Most Famous Beach,'' the property sits in the heart of Daytona's 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.
Location
State FL
County Volusia
Area 15 - Daytona Peninsula N Of Seabreeze
Direction A1A to Main Street. to 815-823
Region Daytona Beach
City Region Daytona Beach
Exterior
Parking Features On Street, Parking Lot
View Y/N No
Road Frontage City Street
Building
Lot Description Historic Area
Others
Tax ID 5304-01-07-0020
Listed by Kayla Williams • Realty Pros Commercial
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