304 Flagler Ave New Smyrna Beach, FL 32169

Property Details for 304 Flagler Ave

Year built

1936

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 lot acres

Property size

1,702 SF

Zone code

B1

Property type

Retail space

APN

7455-09-00-0160

APU

745509000160

Description

This exceptional retail property, located at 304 Flagler Avenue in New Smyrna Beach, Florida, presents a unique investment opportunity. Priced at $1,750,000, this single-unit building boasts a prime location on the north side of Flagler Avenue, nestled between two thriving hotels. Built in 1936, the property sits on a 4,356 square foot lot and benefits from exceptionally high pedestrian traffic due to its central location within a vibrant commercial district. The property's proximity to the beach (two blocks away) and the Intracoastal Waterway (three blocks away) further enhances its appeal. Flagler Avenue itself is renowned for its bustling atmosphere, featuring a diverse mix of boutiques, restaurants, bed and breakfasts, and regular festivals and street events, creating a lively and engaging environment for businesses. The property is zoned to allow short-term rentals, providing additional income potential. This presents a rare chance to acquire a well-situated retail space in a thriving coastal community with significant potential for growth and return on investment. The property's history and location combine to offer a unique blend of charm and commercial viability. The 4,356 square foot lot provides ample space for various retail uses, and the high volume of pedestrian traffic ensures significant visibility and accessibility for any business operating from this location. The zoning permitting short-term rentals adds a layer of flexibility and potential for increased revenue streams.