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Multi-Building Retail Portfolio
For Sale
$1,200,000

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.

Property Size11,158 SF
Days on Market77

Property Features for 815-823 Main Street

General Information

Standard status Active
Size 11,158 SF
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: Oct 4 Last Checked: Oct 9 at 4:50PM

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

Estimated NOI and Cap Rate

NOI / Yr
$105,092
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,840 $2.1M
Cap Rate 7%
$1,501,314 $1.5M
Cap Rate 9%
$1,167,689 $1.2M
Market Conditions
NOI Build-Up for 11,158 SF
Gross rent
$167.4K $15.00/SF
− Vacancy
−$17.2K −$1.55/SF
EGI
$150.1K $13.46/SF
− OpEx
−$45.0K −$4.04/SF
NOI
$105.1K $9.42/SF
Area
Volusia County, FL
Vacancy
10.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,101,840
Cap Rate 7%
$1,501,314
Cap Rate 9%
$1,167,689

Alternative Uses

Best Use
Retail
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,092 @ 7.0% cap · market cap 8.76%
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 19.19%
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

1,114
Businesses Nearby
93k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 25% Hotels & Casinos 4%
Dick's Last Resort Dining
20,658 visits/mo 0.4 miles
Joe's Crab Shack Dining
19,572 visits/mo 0.3 miles
Burger King Dining
10,780 visits/mo 0.3 miles
7-Eleven Shops & Services
9,090 visits/mo 0.4 miles
7-Eleven Shops & Services
7,013 visits/mo 0.2 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 $1,200,000.
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.
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