101-113 Canal Street, New Smyrna Beach, FL 32168
$1,865,000
Property Type:
Commercial Sale
Square Footage:
8,160
Lot Size (sq. ft.):
15,682
Status:
Closed
Current Price:
$1,865,000
List Date:
10/25/2021
Last Modified:
9/28/2024
Description
Rare Redevelopment Opportunity.
8,160 SF Freestanding Building For Sale in the highly desirable Canal Street Historical District in Downtown New Smyrna Beach.
Riverviews from first and second floors.
First Floor: 6,840 SF, could potentially be divided into 6 units and converted to restaurant, professional offices, and retail shops.
Second Floor: 1,320 SF, could be converted to apartment(s).
The property is located at the northwest corner of Canal Street and Riverside Drive.
Canal Street is pedestrian-friendly with an eclectic mix of specialty shops and dining.
Adjacent on and off street public parking available.
Sale subject to County Council approval.
Supplements: 8,160 SF Freestanding Building For Sale on Canal Street First Floor: 6,840 SF Second Floor: 1,320 SF Adjacent on and off street public parking available Sale subject to County Council approval
More Information MLS# 1089888
General Property Information
Lot Size Acres: 0.36
Association YN: No
Water Body Access YN: No
Waterfront YN: No
Directions: Located on the northwest corner of Canal Street and Riverside Drive.
Public Remarks: Rare Redevelopment Opportunity.
8,160 SF Freestanding Building For Sale in the highly desirable Canal Street Historical District in Downtown New Smyrna Beach.
Riverviews from first and second floors.
First Floor: 6,840 SF, could potentially be divided into 6 units and converted to restaurant, professional offices, and retail shops.
Second Floor: 1,320 SF, could be converted to apartment(s).
The property is located at the northwest corner of Canal Street and Riverside Drive.
Canal Street is pedestrian-friendly with an eclectic mix of specialty shops and dining.
Adjacent on and off street public parking available.
Sale subject to County Council approval.
Building Area Total: 8160
Lot Size Dimensions: 126x128
List Price/SqFt: 226.72
Sold Price/SqFt: 228.55
Year Built: 1957
Location, Tax, and Legal
Country: US
Parcel Number: 7441-33-12-0010
Tax Annual Amount: 552
Tax Year: 2020
Tax Legal Description: BLK L EXC N 186 FT & LAND E OF SAME & W OF RIVERSIDE DR EXC S 127.5 FT OF W 98 FT SAMS ESTATE NEW SMYRNA PER OR 3208 PG 0038
Currently Not Used
Year Built: 1957
Current Use
Mixed Use: 1
Retail: 1
Building Features
Vac Off/Retail SqFt: 16320
Business Type
Commercial: 1
Mixed: 1
Professional Service: 1
Professional/Office: 1
Restaurant: 1
Retail: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 1: Zoning (Text): MU; Bldg Type/Location: Free Standing; SqFt - Total: 8160.00; Confidential Listing: N; Commercial Property Name: Freestanding; Franchise Opt In: No
Contract Information
Current Price: $1,865,000
Sold Price: $1,865,000
Status: Closed
Listing Contract Date: 2021-10-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 101-113
Street Name: Canal
Street Suffix: Street
County: Volusia
State: FL
Postal Code: 32168
MLS Area Major: 70 - New Smyrna Beach E of 95
Status Change Information
Major Change Timestamp: 2022-10-17T13:17:29Z
Major Change Type: Status Change
Purchase Contract Date: 2022-06-01
Close Date: 2022-10-14
Close Price: 1865000
Property Features
Business Type: Commercial; Mixed; Professional Service; Professional/Office; Restaurant; Retail
Current Use: Mixed Use; Retail
Sale Includes: Building & Land
Listing Office:
SVN Alliance Commercial Real Estate Advisors
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.