307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
307 FLAGLER AVE #101, New Smyrna Beach, FL 32169
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$ 1,575,000
Est. payment | /mo

2,990 SqFt


$ 1,575,000
Est. payment | /mo

2,990 SqFt

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,990 sqft

Price per Sqft $526

Subdivision Cloisters Condo Commerc

MLS Listing ID O6340009

HOA Y/N No

Year Built 2002

Annual Tax Amount $1,447

Lot Size 435 Sqft

Acres 0.01

Property Sub-Type Business

Source Stellar MLS

Property Description

LOCATION, LOCATION, LOCATION. Rare Opportunity in the heart of beachside New Smyrna Beach. This unique 5 parcel property is located on busy historic Flagler Avenue within walking distance to one of the most visited beaches in Florida. Flagler Avenue is lined with shops, restaurants and three quaint hotels. The listed properties include: Retail space (1170 sq.ft.) with frontage on Flagler Avenue, which has operated for 19 years as an upscale gift store. The store also had a Series 2AP license to sell package wine and beer, and conducted wine tastings at the adjacent restaurant. The restaurant space (920 sq.ft.) includes a cozy 6-stool bar with 3-4 tables and a kitchen with gas appliances and a fire suppression hood system and an adjacent Restaurant space (443 sq.ft.) which has been used for special events and storage. There is an additional 900 sq.ft. of covered outdoor seating in the charming courtyard, under an existing lease from the Cloisters Condo Owners Assn. The tenants of the restaurant space have held a 2-COP license to serve wine and beer since 2014. The commercial retail and restaurant spaces , if combined, have 16 allocated parking spaces which could be used to meet the City of New Smyrna Beach parking requirements for a 96-seat restaurant. In addition to the commercial spaces, there is a residential unit on the second floor above the retail space. It is a well maintained 3 bedroom, 3 bath, (1440 sq.ft.) condo with an open floor plan, and an air conditioned 1 car garage (247 sq. ft.). The residence is perfect for Owner or Manager and is being offered at $420,000 with the purchase of the commercial parcels.

Location

State FL

County Volusia

Community Cloisters Condo Commerc

Area 32169 - New Smyrna Beach

Zoning MU

Interior

Cooling Central Air

Building

Foundation Slab

Lot Size Range 0 to less than 1/4

Structure Type Block

New Construction false

Others

Ownership Condominium

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/stellar/O6340009

Stellar MLS
Listed by Roxanne Rose ROSE PROPERTY MANAGEMENT INC

Nearby Locations

Garrett Sedlacek

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(913) 461-6882

garrett.s@kw.com

22 S Links Ave, Sarasota, Florida, 34236, USA

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307 FLAGLER AVE #101