Office Building with Yard
116 Center Street Daytona Beach, FL 32117
For Sale
$420,000
COMMERCIAL - Daytona Beach, FL
Property Size2,164 SF
Lot Size60,232.00 Acres
Price / SF$194.09
Days on Market744
Property Features for 116 Center Street
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Gated, Parking Lot, Guest
Security features
Security System
Fencing
Chain Link
Standard status
Active
APN
4244-01-33-0016
Size
2,164 SF
Lot size
60,232.00 Acres
Taxes and HOA fees
Tax Description
N 60 FT OF S 384 FT OF E 231.3 FT OF LOT 1 BLK 33 M & C HOLLY HILL MB 2 PG 90 PER OR 4120 PG 2575 PER D/C 6122 PG 0537 PER OR 6122 PG 0538 PER OR 6366 PG 2874 PER OR 6975 PG 0022
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1964
Floors in Building
1
Flooring type
Concrete, Tile
Building materials
Block
Roof type
Rolled Hot Mop
Listing Agency:
Adams, Cameron & Co., Realtors
(386) 258-5500
Listed By:
Dan Lyonnais
(386) 852-7932
Added: Jul 17, 2024
Changed: Jun 22
Last Checked: Jul 30 at 12:06AM
MLS# 1201610
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building includes multiple office rooms along with an open floor area, providing flexibility for different interior layouts. The property is described as a former old post office, and it includes yard space for additional outdoor utility.
Located at 116 Center Street in Daytona Beach, Florida, the site backs up to another parallel street. The offering is noted as a multi-parcel arrangement and may convey with a vacant lot and a house next to the building, depending on how the purchase is structured.
For an owner-user or tenant seeking a straightforward workspace with a mix of private offices and open areas, the configuration can support a range of office-oriented uses. The presence of yard space can also be helpful for day-to-day operations that benefit from an outdoor component. Prospective buyers should review the specific multi-parcel terms and how they plan to utilize the adjacent vacant lot and house alongside the main building.
Located at 116 Center Street in Daytona Beach, Florida, the site backs up to another parallel street. The offering is noted as a multi-parcel arrangement and may convey with a vacant lot and a house next to the building, depending on how the purchase is structured.
For an owner-user or tenant seeking a straightforward workspace with a mix of private offices and open areas, the configuration can support a range of office-oriented uses. The presence of yard space can also be helpful for day-to-day operations that benefit from an outdoor component. Prospective buyers should review the specific multi-parcel terms and how they plan to utilize the adjacent vacant lot and house alongside the main building.
Key Highlights
- Multiple offices and open floor space suitable for multiple uses.
- Includes yard space and backs up to another street.
- Originally listed as a 3‑parcel sale; vacant lot and house next door can be included.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.7k | $21.60 |
| − Vacancy | −$3.5k | −$1.62 |
| EGI | $43.2k | $19.98 |
| − OpEx | −$10.8k | −$5.00 |
| NOI | $32.4k | $14.99 |
2,164 SF · lease $21.60/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$463.3K
$405.4K – $540.5K
NOI $32,428 @ 7.0% cap · market cap 7.72%
Second Best
Retail
$291.2K
$254.8K – $339.7K
NOI $20,382 @ 7.0% cap · market cap 4.85%
Theoretical Best
Office A
$638.1K
$558.3K – $744.4K
NOI $44,665 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Building offers multiple offices and open floor space, plus yard area for added operational flexibility.
Where is this office units located?
The property is located at 116 Center Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $420,000.
What are key features of this property?
This property features: Multiple offices and open floor space suitable for multiple uses.; Includes yard space and backs up to another street.; Originally listed as a 3‑parcel sale; vacant lot and house next door can be included.
