Search
Corner Retail Restaurant Opportunity
For Lease
$136,800

400 Canal St, New Smyrna Beach, FL 32168

Solid block, high-ceiling corner building with elevator and rooftop space, suitable for restaurant or other street-facing concepts.

Space SizeContact for details
Days on Market250

Property Features for 400 Canal St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $11,385
Listing Agency: ENGEL & VOLKERS NEW SMYRNA
Listed By: Garat Oates · License #3024929
Source: Exprealty
Added: Dec 3, 2025 Changed: Aug 8 Last Checked: Aug 9 at 10:27AM

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 ENGEL & VOLKERS NEW SMYRNA

Investment Insights

Based on property information with market context.

This corner property offers a substantial retail/restaurant configuration with solid block construction, high ceilings, and an elevator for convenient access. The offering includes 5,600 square feet of interior space, plus an additional 2,800 square feet of rooftop area, for a total possible 8,400 square feet. The space is positioned for concepts that benefit from a street-level presence and an outdoor rooftop component.

The building is located at 400 Canal St in New Smyrna Beach, positioned at Canal & Palmetto. It is presented as for sale or for lease, and the owner has indicated openness to a Restaurant/Bar concept or other alternatives. The offering also notes the possibility of joint venture interest and/or seller financing, subject to terms and approval.

From an operator or tenant standpoint, the combination of high ceilings, elevator service, and dedicated rooftop space can support a range of dining and retail uses that want both indoor capacity and an additional rooftop venue. The seller requests that only vetted and/or pre-approved interested parties engage, and the remarks confirm that the seller is a Florida licensed real estate broker.

Key Highlights

  • Corner location at Canal & Palmetto in downtown New Smyrna Beach
  • 5,600 SF building with an additional 2,800 SF rooftop space for up to 8,400 SF total possible
  • Solid block construction with high ceilings and an elevator

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Solid block, high-ceiling corner building with elevator and rooftop space, suitable for restaurant or other street-facing concepts.
Where is this conventional restaurant located?
The property is located at 400 Canal St 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: Corner location at Canal & Palmetto in downtown New Smyrna Beach; 5,600 SF building with an additional 2,800 SF rooftop space for up to 8,400 SF total possible; Solid block construction with high ceilings and an elevator
More about this property
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