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Turnkey Restaurant Opportunity
For Lease
$78,000

317 N ORANGE St, New Smyrna Beach, FL 32168

Profitable restaurant with indoor, outdoor seating, and full liquor bar.

Space SizeContact for details
Property Size2,313 SF
Days on Market85

Property Features for 317 N ORANGE St

General Information

Standard status Active
Size 2,313 SF
Property subtype Commercial
Lease Term 3 to 5 years

Taxes and HOA fees

Annual Taxes $10,397

Building Details

Building Size 2,313 SF
Year Built 1923
Stories 2
Listing Agency: MG REAL ESTATE GROUP
Listed By: Amy Geller · License #3387816
Source: Elliman
Added: May 18 Changed: Aug 8 Last Checked: Aug 8 at 7:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MG REAL ESTATE GROUP

Investment Insights

Based on property information with market context.

This is a turnkey restaurant business opportunity that is currently fully operational. The fine-dining restaurant has an occupancy of 151, featuring indoor, outdoor and screened patio seating. It holds a 4COP-SFS license with a full liquor bar and climate-controlled wine room. The kitchen is equipped with a 12ft hood with fire suppression system and a grease trap. The second floor is currently utilized for office and storage space but has the potential to be converted into additional seating. The backyard is private and fully fenced featuring professional landscaping, along with 2 large gazebos equipped with lighting and fans, and has a permanent perimeter pest control system in place. The property is ADA Accessible and includes a completed feasibility study. Stamped plans are in place for kitchen expansion and outdoor kitchen/tiki bar. The location has a bike score of 53, indicating it is bikeable, and a walk score of 36, suggesting it is car-dependent.

Key Highlights

  • Fully operational, turnkey restaurant business with existing licenses and all furniture, fixtures, and equipment included.
  • High occupancy (151) with diverse seating options: indoor, outdoor, and screened patio.
  • Significant growth potential through expanded hours, events, and takeout services.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Bakery Big Box & Wholesale Store Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,540
Businesses Nearby
13k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 66% Dining 24% Electronics 9%
Exxon Shops & Services
4,745 visits/mo 0.1 miles
Taco Shack Dining
3,233 visits/mo 0.5 miles
Take 5 Oil Change Shops & Services
1,917 visits/mo 0.1 miles
Advance Auto Parts Shops & Services
1,897 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,265 visits/mo 0.2 miles

Demographics for 32168, FL

30,058
Population
16,439
Households
1.8
Avg Household Size
54
Median Age
31%
College-Educated
93%
High-School Grad
153.9 sq mi
ZIP Area
195
Density / Sq Mi
$72,967
Median Household Income
$41,076
Median Earnings
$1,608
Median Rent
$310,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Profitable restaurant with indoor, outdoor seating, and full liquor bar.
Where is this conventional restaurant located?
The property is located at 317 N ORANGE St New Smyrna Beach, FL.
What is the lease rate?
The lease rate is $78,000.
What are key features of this property?
This property features: Fully operational, turnkey restaurant business with existing licenses and all furniture, fixtures, and equipment included.; High occupancy (151) with diverse seating options: indoor, outdoor, and screened patio.; Significant growth potential through expanded hours, events, and takeout services.
More about this property
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