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    208 Magnolia St New Smyrna Beach, FL 32168

    New
    For Sale
    $1,299,000

    Commercial Sale, Other - NEW SMYRNA BEACH, FL

    Type:Mixed Use
    Lot size:
    0.22 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 208 Magnolia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    APN
    41-17-34-38-09-0930
    Parking features
    Secured
    Lot size
    0.22 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1934
    Flooring type
    Concrete, Tile, Tile - Ceramic
    Roof type
    Metal
    Architectural style
    Other

    Engel & Völkers New Smyrna Beach (386) 213-6899 [email protected]

    Listing agent Amy Almester (386) 213-6899

    Listing date Dec 11, 2025

    MLS# NS1083731 Listing URL

    Copyright © 2025 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Building in Thriving Community

    Located at 208 Magnolia St. in New Smyrna Beach, FL, this historic building dating back to 1934 presents a unique commercial opportunity. The property's MU zoning allows for versatile business use, including a wine bar, deli, restaurant, or martini bar. The building retains vintage charm with three old-fashioned gas pumps and metal canopied work areas, remnants of its past. The gas tanks were removed in 2006. Inside, there are two bathrooms, each equipped with showers. Situated one block off Canal Street and near Riverside Park, the location benefits from proximity to The Hub on Canal, a community center for the arts. The property is located one block from Canal St, which features restaurants, retail shops and community events, offering an ideal location for vehicle and pedestrian traffic. Nearby businesses include Yellow Dog Eats Kitchen & Bar and the New Smyrna Beach Brewing Company. This property offers the opportunity to be part of a thriving community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Night Swan Intracoastal Bed and Breakfast, City Market Bistro, River Deck Tiki Bar & Restaurant, Sugar Works Distillery, LLC, Surf Lounge

    Location Insight

    • Map
    • Local Demand
    City
    New Smyrna Beach
    County
    Volusia
    State
    Florida
    Longitude
    -80.92184
    Latitude
    29.023847

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    FAQs

    What type of property is this?
    Bar - Unique 1934 building suitable for various businesses near Canal Street.
    Where is this bar located?
    The property is located at 208 Magnolia St New Smyrna Beach, FL.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Prime location: Just one block from Canal Street and steps from Riverside Park, offering high visibility and foot traffic.; - MU zoning: Provides flexibility for various business ventures like a wine bar, deli, or restaurant.; - Historic charm: Unique 1934 building featuring old-fashioned gas pumps and metal canopied work areas.
    (386) 213-6899
    Request Owner's contact information
    208 Magnolia St New Smyrna Beach, FL 32168
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    208 Magnolia St New Smyrna Beach, FL 32168
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