417 Canal Street, New Smyrna Beach, FL 32168 (MLS# 1217548)

417 Canal Street, New Smyrna Beach, FL 32168

$795,000

Property Type: Commercial Sale Square Footage: 1,920 Status: Closed

Current Price: $795,000 List Date: 9/04/2025 Last Modified: 3/18/2026

Overview

Description

This 1,920 SF single-tenant retail building sits in the heart of New Smyrna Beach on highly desirable Canal Street, surrounded by boutiques, galleries, restaurants, and specialty shops that draw steady foot traffic from both locals and tourists. Zoned Mixed-Use (MU), the property offers flexibility for a wide range of retail uses and benefits from excellent visibility, strong walkability, and proximity to the riverfront, city parks, and cultural attractions. Currently leased to a retail tenant under a newly signed 3-year agreement, this investment delivers immediate, stable cash flow in one of Florida's most vibrant coastal communities.

Listing Details MLS# 1217548

General Property Information

Building Area Total: 1920
Waterfront YN: No
Directions: FROM DAYTONA BEACH ON ROUTE 1 TO NEW SMYRNA BEACH TO LEFT ONTO CANAL STREET.
Public Remarks: This 1,920 SF single-tenant retail building sits in the heart of New Smyrna Beach on highly desirable Canal Street, surrounded by boutiques, galleries, restaurants, and specialty shops that draw steady foot traffic from both locals and tourists. Zoned Mixed-Use (MU), the property offers flexibility for a wide range of retail uses and benefits from excellent visibility, strong walkability, and proximity to the riverfront, city parks, and cultural attractions. Currently leased to a retail tenant under a newly signed 3-year agreement, this investment delivers immediate, stable cash flow in one of Florida's most vibrant coastal communities.
List Price/SqFt: 442.71
Sold Price/SqFt: 414.06

Property Features

Lot Features: Other Parking Features: Other Sale Includes: Building & Land

Contract Information

Listing Contract Date: 2025-09-04
Property Sub Type: Retail

Location Tax and Legal

Street Number: 417
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: 2026-03-18T18:07:28Z
Major Change Type: Status Change
Purchase Contract Date: 2026-03-09
Close Date: 2026-03-18
Close Price: 795000

Location, Tax, and Legal

Country: US
Parcel Number: 744137010160
Tax Annual Amount: 5072
Tax Year: 2024
Tax Legal Description: E 23.5 FT OF S 23.6 FT OF LOT 15 & E 23.5 FT OF LOT 16 BLK 1 V LOWDS MB 1 PG 144 PER OR 5083 PG 4729 PER OR 5540 PG 1325 PER OR 8356 PG 1463

More Information

Lot Features

Other: Yes

Parking Features

Other: Yes

Sale Includes

Building & Land: Yes

Listing Office: Coldwell Banker Commercial Benchmark

Last Updated: March - 18 - 2026

Information deemed reliable but not guaranteed.

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