601 Main St Brg Daytona Beach, FL 32118
Property Features for 601 Main St Brg
General Information
- Property type
- Restaurants
- Square Feet
- 4,428 SF
- Class
- B
Listing Agent: Dino Dodani
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
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 Profile
Location Intelligence
Current Use by Public Records
Bars
Map
- City
- Daytona Beach
- County
- Volusia
- State
- Florida
- Longitude
- -81.0109972
- Latitude
- 29.2258873
Nearby Similar for Sale
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.