Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    208 Magnolia St New Smyrna Beach, FL 32168

    For Sale
    $1,299,000

    Commercial Sale, Other - New Smyrna Beach, FL

    Type:Mixed Use
    Lot size:
    0.22 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 14 at 5:06 am

    Property Features for 208 Magnolia St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    7441-38-09-0930
    Parking features
    Secured
    Lot size
    0.22 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1934
    Roof type
    Metal
    Architectural style
    Other

    Engel & Völkers New Smyrna Beach [email protected]

    Listing agent Amy Almester (386) 213-6899

    Listing date Oct 22, 2025

    MLS# 1209423 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 Near Canal Street

    Located at 208 Magnolia St. in New Smyrna Beach, FL, this historic building dating back to 1934 offers a unique commercial opportunity. Zoned MU, the property is suitable for various businesses, including a wine bar, deli, restaurant, or martini bar. The building retains vintage features, including three old-fashioned gas pumps and metal canopied work areas, remnants of its past. The gas tanks were removed in 2006. The interior includes two bathrooms, each equipped with showers. Situated one block from Canal Street and steps from Riverside Park, the location benefits from proximity to The Hub on Canal, a community arts center. The property is positioned to attract both local and tourist traffic. The surrounding area features a mix of restaurants, retail shops, and community event spaces, with nearby establishments including Yellow Dog Eats Kitchen & Bar and the New Smyrna Beach Brewing Company. The lot size is 0.22 acres.
    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

    Nearby Similar for Sale

    • $1,750,000
      3,888 SF

      Versatile Multi-Use Property Near Ocean

      3,888 SF multi-use property near the ocean in New Smyrna Beach.
      6495 Turtlemound Rd, New Smyrna Beach, FL 32169
      View Details
    • $599,000
      2,384 SF

      New Smyrna Beach Triplex

      Updated triplex in the heart of New Smyrna Beach.
      810 Magnolia St, New Smyrna Beach, FL 32168
      View Details
    • New
      $995,000
      3,801 SF

      Mixed-Use Quadruplex Near Canal Street

      Meticulously maintained quadruplex in downtown New Smyrna Beach.
      106 Live Oak St, New Smyrna Beach, FL 32168
      View Details
    • $7,490,000
      Pending

      Luxury Oceanfront Boutique Resort

      Premier oceanfront property with villas and private beach access.
      2901 S Atlantic Ave, New Smyrna Beach, FL 32169
      View Details
    • $899,000
      2,268 SF

      New Smyrna Beach Mixed-Use Property

      Mixed-use property near Canal Street, New Smyrna Beach.
      200 Live Oak St, New Smyrna Beach, FL 32168
      View Details
    • $775,000
      2,070 SF

      Equestrian Estate Near the Coast

      10-acre equestrian property with barn, pastures, and comfortable home.
      3834 Pioneer Trl, New Smyrna Beach, FL 32168
      View Details

    FAQs

    What type of property is this?
    Bar - 1934 historic building suitable for wine bar, deli, or restaurant.
    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: One block off Canal Street and steps from Riverside Park, offering high visibility and foot traffic.; - Versatile MU zoning: Suitable for various business types.; - Historic 1934 building: Unique vintage charm.
    (386) 213-6899
    Request Owner's contact information
    208 Magnolia St New Smyrna Beach, FL 32168
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    208 Magnolia St
    New Smyrna Beach, FL 32168
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.