815-823 Main Street, Daytona Beach, FL 32118
sale
$1,200,000
|
Other
Courtesy Of Realty Pros Assured Commercial
Rare Investment Opportunity | Iconic Main Street Commercial Assemblage815-823 Main Street, Daytona Beach, FL 32118Price: $1,200,000 ($107.55/SF) Building Footprint: 11,158 +/- SF across 3 contiguous structures Lot Size: 0.35 +/- Acres (Nearly half a block of prime frontage) In-Place NOI: $64,437.18 (5.37% In-Place Cap Rate)Gross Revenue: $105,068 / YearProperty Overview Rare investment opportunity on iconic Main Street in Daytona Beach! This 0.35+/- acre assemblage includes three contiguous, fully occupied commercial buildings totaling 11,158+/- SF with $105,068 in annual gross revenue and $64,437.18 in-place NOI, reflecting a 5.37% cap rate. Located just blocks from A1A and the ''World's Most Famous Beach,'' the property sits in the heart of Daytona's premier event corridor with exceptional visibility, year-round activity, and significant traffic during Bike Week and Biketoberfest. Select month-to-month tenancies provide flexibility for future rent adjustments and value-add opportunities.
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Property Features
- Age: Over 50 Years Old
- Legal Description: W 2/3 OF LOTS 1 2 & 3 EXC W 22.9 FT & EXC E 20 1/2 FT & INC N 12 FT OF W 22.9 FT BLK 7 ROGERS SEABREEZE
- MLSID: 1221930
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