147 The Middle Way New Smyrna Beach, FL 32169
- Retail properties
- 534 SF
- 0.48 lot acres
Current Use by Public Records
- Retail properties
Property Details for 147 The Middle Way
- Year built
- 1973
- Lot size
- 0.48 lot acres
- Property size
- 534 SF
- Property type
- Retail properties
Description
This exceptional commercial property in New Smyrna Beach, Florida, presents a rare investment opportunity. Located at 147 The Middle Way, this nearly half-acre (0.48 acres) lot boasts over 320 feet of prime waterfront frontage on a corner lot, just off the Causeway leading to bustling Flagler Avenue. The property, with APN 7408-01-00-0440 & 0451, features a 534 square foot building constructed in 1973, offering 208 square feet of office/retail space. The asking price is $4,000,000, translating to a price per square foot of $7,490.64. The property's CM zoning allows for a diverse range of commercial uses, including, but not limited to, boat docks, ramps, piers, dry dock storage, and restaurant types A, B, and D. Existing businesses are included in the sale. This unique location provides unparalleled access to the water, making it ideal for a variety of marine-related ventures or other commercial enterprises. City water is available. The property's high visibility and prime location in a growing area promise significant return on investment. Don't miss this chance to acquire a truly exceptional waterfront commercial property with immense potential. This is a unique opportunity to capitalize on the thriving New Smyrna Beach market. The property is situated in Volusia County, Florida, zip code 32169.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Smyrna Beach
- County
- Volusia
- State
- Florida
- Longitude
- -80.9171
- Latitude
- 29.0338
