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Commercial Mixed Use Warehouse Building 208 Magnolia St 3,600 SF 11% Leased Retail Building New Smyrna Beach, FL 32168 $1,299,000 ($360.83/SF)
Investment Highlights
- +/- 3,196 SF - W/H Space & Office Space
- One Block off Famous Canal St
- Zoning: MU - Mixed Use Central Business District
- Fully HVAC Conditioned Warehouse Space
- Ample On-Street Parking
Executive Summary
Prime Commercial Mixed Use Building in the heart of New Smyrna Beach, FL. The property features +/- 3,196 SF of Fully Conditioned Warehouse and Office Space. The property's MU zoning offers the flexibility for many different commercial and office uses including restaurant, bar, brewery, retail and more. Located one block of the famous Canal St which features a vast amount of restaurants, retail shops and community events, this property offers an ideal location for strong vehicle and pedestrian traffic.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,600 SF
Building Class
C
Year Built
1934
Price
$1,299,000
Price Per SF
$360.83
Percent Leased
11%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
0.22 AC
Zoning
MU - Mixed Use Central Business District (City)
Parking
26 Spaces (7.22 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Fenced Lot
- Signage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Carolyn Hollis
- Retailer
- -
- -
- -
- Select Business Ventures
- Services
- -
- -
- -
- Toy Station
- Retailer
- -
- -
- -
- Vernon Motors LLC
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Carolyn Hollis | Retailer | - | - | - | ||
| Select Business Ventures | Services | - | - | - | ||
| Toy Station | Retailer | - | - | - | ||
| Vernon Motors LLC | Retailer | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 7441-38-09-0930 | Improvements Assessment | $448,118 |
| Land Assessment | $292,500 | Total Assessment | $740,618 |
Property Taxes
Parcel Number
7441-38-09-0930
Land Assessment
$292,500
Improvements Assessment
$448,118
Total Assessment
$740,618
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Commercial Mixed Use Warehouse Building | 208 Magnolia St
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