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601 Main St Brg Daytona Beach, FL 32118

For Sale
$850,000

Prime location, high-return bar investment.

Property size:
4,428 SF

Description

Added:
Dec 11, 2024
Days on Market:
369
This 4,428 square foot Class B retail bar in Daytona Beach, Florida, is available for $850,000. Located at 601 Main St Bridge, 32118, this single-tenancy property boasts a 10.67% cap rate and features 50 parking spaces. The property is currently under a gross lease with a remaining term of 10 years, commencing May 1, 2024, and includes 3% annual rent bumps and two lease options. The price per square foot is $191.96. The building includes a fully equipped kitchen, a spacious main bar area, a stage, dance floor, and both indoor and outdoor seating areas. Recent upgrades include new compressor units for walk-in coolers and ongoing improvements are in progress. The property benefits from its location on Main Street and proximity to events like Bike Week, offering consistent business opportunities. The versatile layout allows for various business uses. This is an owner/user investment opportunity with a three-year lease term. The property is situated in Volusia County and enjoys a prime location in a revitalizing area of Daytona Beach. The building's design is adaptable to different business models, making it a flexible and valuable asset. The sale includes the kitchen vent hood system.

Property Features for 601 Main St Brg

General Information

Property type
Restaurants
Square Feet
4,428 SF
Class
B

HighLights

  • 4,428 SF Class B retail bar in Daytona Beach, FL, listed at $850,000.
  • Prime Main Street location with 50 parking spaces and a 10.67% cap rate.
  • Gross lease with 10 years remaining (commencing May 1, 2024), including 3% annual rent increases and two options.
  • Features a fully equipped kitchen, bar, stage, dance floor, and indoor/outdoor seating; recent upgrades include new walk‑in cooler compressors.
  • Strong location benefits from events like Bike Week and Daytona Beach's revitalization efforts; versatile layout suitable for various uses.
Property Profile Location Intelligence

Current Use by Public Records

Bars

Map

City
Daytona Beach
County
Volusia
State
Florida
Longitude
-81.0109972
Latitude
29.2258873

FAQs

What type of property is this?
Restaurant - Prime location, high-return bar investment.
Where is this restaurant located?
The property is located at 601 Main St Brg Daytona Beach, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,428 SF Class B retail bar in Daytona Beach, FL, listed at $850,000.; Prime Main Street location with 50 parking spaces and a 10.67% cap rate.; Gross lease with 10 years remaining (commencing May 1, 2024), including 3% annual rent increases and two options.
More about this property
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