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Corner Restaurant and Bar Space
For Lease
$136,800

400 CANAL STREET, New Smyrna Beach, FL 32168

Commercial Lease, Other - NEW SMYRNA BEACH, FL

Space SizeContact for details
Lot Size0.07 Acres
Days on Market208

Property Features for 400 CANAL STREET

General Information

Property type Commercial Lease
Property subtype Mixed Use
Interior features Elevator
Accessibility Accessible Elevator Installed
Subdivision ANDREWS NEW SMYRNA
Directions US-1 to Canal Street, East to 400 Canal.
Standard status Active
APN 7441-38-20-2410
Size 5,700 SF
Lot size 0.07 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1918
Floors in Building 2
Roof type Membrane
Architectural style Other
Listing Agency: Engel & Völkers New Smyrna Beach
Listed By: Garat Oates
Added: Feb 2 Changed: Jul 15 Last Checked: Aug 29 at 11:06AM
MLS# NS1086735

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This corner commercial space is built with solid block construction and features high ceilings and an elevator. The available area totals 5,700 square feet, with an additional 2,800 square feet of rooftop space, for a possible combined total of 8,400 square feet.

The property is located at Canal and Palmetto in downtown New Smyrna Beach. It is offered for lease, and the landlord is seeking a restaurant/bar concept or other compatible use for the space.

The listing allows for other options, and the owner indicates possible joint venture interest and/or seller financing. Vetted and pre-approved interested parties are requested.

Key Highlights

  • Prime corner location in the heart of downtown New Smyrna Beach.
  • Large space: 5,700 sq. ft. with an additional 2,800 sq. ft. rooftop.
  • Suitable for restaurant/bar or other concepts, capitalizing on the growing local scene.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Pharmacy Bakery Tech Support Center Florist (Bike/Boat/Book/etc) Store Daycare Center

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

1,484
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Dining 17% Electronics 13%
Exxon Shops & Services
4,745 visits/mo 0.2 miles
Take 5 Oil Change Shops & Services
1,917 visits/mo 0.2 miles
Papa John's Pizza Dining
1,635 visits/mo 0.3 miles
Metro by T-Mobile Electronics
1,265 visits/mo 0.4 miles
Muffler Man Shops & Services
278 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Corner commercial space offers solid block construction, high ceilings, and an elevator, with rooftop space included.
Where is this conventional restaurant located?
The property is located at 400 CANAL STREET New Smyrna Beach, FL.
What is the lease rate?
The lease rate is $136,800.
What are key features of this property?
This property features: Prime corner location in the heart of downtown New Smyrna Beach.; Large space: **5,700 sq. ft. with an additional 2,800 sq. ft. rooftop.**; Suitable for restaurant/bar or other concepts, capitalizing on the growing local scene.
More about this property
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