Commercial Sale Property - Retail in Daytona Beach
Listing Price: $1,499,000
Description of Property
Investment Opportunity ALERT! Located in the heart of Daytona Beach, this commercial property offers O2M1 Zoning and provides an opportunity for a multitude of possibilities. Located less than 2 miles from the World’s Most Famous Beach. Please verify zoning use. Please verify all information listed. Woven into the fabric of historic Daytona Beach, this property is perfectly positioned in the heart of downtown within proximity to some of the city's greatest sites including the Jackie Robinson Ballpark, The Halifax River Yacht Club, waterfront cuisine, cultural amenities, world-class shopping, galleries, and less than 1.2 miles from the Ocean. Located in one of the most sought after areas in the Downtown Daytona Beach Historical District, this 12,289 square feet. Modified use potentially includes: motorcycle, car, or boat sales, restaurant or bakery, Club, Lodge, Place of Worship, Attorney or contractor office building, Clinic, government building and many more options! The possibilities are truly endless! An incredibly rare find, 118 Fairview Avenue is truly a once in a lifetime opportunity. Coming across the Main St bridge the historic Daytona Beach begins with you! As the heart of the new development boom, the Downtown Historic District, local transformations, area improvements and additions to the Downtown landscape includes a $70M ll-story building towering the west bank of the river and home to the new headquarters for Brown and Brown Insurance. Brown and Brown is the fifth largest independent insurance brokerage in the nation with over 600 employees at their new location. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom, 118 Fairview Avenue is the best value in the entirety of the Daytona Beach Commercial Real Estate market. A stunning and exceedingly rare piece of property ready for a buyer to make their mark and create something absolutely spectacular! Be the next owner of this quintessential Daytona Beach property and make your history here. Any commercial buyer that puts a premium on having it all must run, not walk, to see what this special location has to offer. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom with possible funds available with the Community Redevelopment Agency for this area.
Property Details At A Glance
Property Type: Commercial Sale
Property Use or Sub Type: Retail
City: Daytona Beach
County: Volusia
Subdivision: Orange Island Park Daytona
Sq. Ft. Gross: 12,289
Sq. Ft. Living Area: 12,289
Cost per (heated) sqare foot: $122
Year built: 1955
Annual Tax: $12,685
Taxes and fees can change periodically, and other fees may apply. Please check with your Realtor for more details.
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Construction: Concrete
Foundation: Slab
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Lot Information
Lot Features:
Lot Size (acres): 0.66
Lot Size (sq. ft.): 28,920 square feet
Road Frontage: Access Road, City Street, Turn Lanes
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Legal Description & Other Information
Financing Available: Cash, Conventional, Trade
Parcel Number: 3484606
Zoning: 02M1
Tax Legal Desc.: LOT 13 BLK 3 & ALL BLK 5 ORANGE ISLAND PARK DAYTONA EXC PART IN R/W RB 163 PG 591 MB 5 PG 20 PER OR 5055 PG 0762 PER OR 5349 PG 0443 PER OR 7120 PG 2182 PER OR 7483 PGS 3309-3310
Listing courtesy of EXP REALTY LLC. The information relating to real estate for sale on this website comes in part from the My Florida Regional MLS DBA Stellar MLS. This information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.