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Multi-Building Retail Portfolio
New
For Sale
$2,095,000

815-823 Main Street, Daytona Beach, FL 32118

Three currently occupied retail buildings comprise a near-half-block retail assemblage on Main Street in Daytona Beach.

Days on Market6

Property Features for 815-823 Main Street

General Information

Standard status Active
Property subtype Retail - Street Retail

Building Details

Building Size 11,158 SF
Year Built 1925
Listing Agency: Realty Pros Commercial
Listed By: Kayla Williams · License #3506971
Source: Commercialcafe
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 31 at 4:08AM

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 Realty Pros Commercial

Investment Insights

Based on property information with market context.

This for-sale retail portfolio includes three income-producing buildings offered as an assemblage: 815–817 Main Street, 819 Main Street, and 821–823 Main Street. All three buildings are currently occupied. The described building sizes are 4,642 SF for 815–817, 2,040 SF for 819, and 4,476 SF for 821–823, for a total of 11,158 ± SF. Rent roll and financials are available to qualified buyers upon execution of a Confidentiality Agreement.

The property is located on Daytona Beach’s Main Street, just blocks from A1A and the World’s Most Famous Beach. The assemblage is situated within a designated Redevelopment Area.

As presented, the offering is a multi-building retail asset with active occupancy and an assemblage configuration on Main Street.

Key Highlights

  • Three income‑producing, currently occupied retail buildings in a near‑half‑block Main Street assemblage (815‑823 Main St).
  • Annualized total area: 11,158 ± SF across 815‑817 (4,642 SF), 819 (2,040 SF), and 821‑823 (4,476 SF).
  • Year built: 1925.

Financial Insights For Retail

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 $167.4k $15.00
− Vacancy −$17.2k −$1.55
EGI $150.1k $13.46
− OpEx −$45.0k −$4.04
NOI $105.1k $9.42
11,158 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,092 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.29M
$2.88M – $3.84M (±1% cap)
NOI $230,301 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Hair Salon Nail Salon Building Supply HVAC Service Electrical Service

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

Location Intelligence

Trade Area within ½ mile

919
Businesses Nearby
40k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 59% Dining 32% Hotels & Casinos 10%
7-Eleven Shops & Services
9,090 visits/mo 0.3 miles
7-Eleven Shops & Services
7,013 visits/mo 0.4 miles
Dunkin' Donuts Dining
5,128 visits/mo 0.5 miles
Circle K Shops & Services
4,699 visits/mo 0.1 miles
Domino's Pizza Dining
4,599 visits/mo 0.5 miles

Demographics for 32118, FL

17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
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?
Storefront property - Three currently occupied retail buildings comprise a near-half-block retail assemblage on Main Street in Daytona Beach.
Where is this storefront property located?
The property is located at 815-823 Main Street Daytona Beach, FL.
What is the asking price?
The asking price for this property is $2,095,000.
What are key features of this property?
This property features: Three income‑producing, currently occupied retail buildings in a near‑half‑block Main Street assemblage (815‑823 Main St).; Annualized total area: 11,158 ± SF across 815‑817 (4,642 SF), 819 (2,040 SF), and 821‑823 (4,476 SF).; Year built: 1925.
More about this property
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