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    FOR SALE
    Turn key restaurants

    415 Main St, Daytona Beach, FL 32118

    3,880 SF 0.06 ac lot Built 2002
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US18-0536108
    Property summary
    AI-generated overview

    This exceptional Daytona Beach property, located at 415 Main Street, presents a unique investment opportunity. Boasting 3,880 square feet on a 121,532,400 square foot lot, this two-story building is ideally situated in the heart of Daytona Beach's historic district, just blocks from both the beach and the river. The property benefits from high visibility and proximity to major events like Bike Week, Biketoberfest, and the Daytona 500, ensuring consistent foot traffic and tourism. The versatile space includes a fully equipped kitchen, two dining areas, and an open-air bar on the upper level, along with an enclosed bar and dining area on the ground floor. All built-in fixtures and furnishings are included, providing a turnkey operation. A transferable liquor license is also part of the sale, adding significant value. A convenient 12,000 square foot parking lot is adjacent to the building. The property's RDB-2 zoning allows for adaptability to various business needs. Built in 1981, this mixed-use property offers a blend of retail, restaurant, bar, and entertainment potential. The asking price is $1,100,000. The City of Daytona Beach offers funding programs to support businesses in the Main Street redevelopment area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2002
    Construction WOOD
    Total area 3,880 SF
    Lot 0.06 ac (2,790 SF)
    APN 5304-03-19-0110
    UPID US18-0536108
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Neptunes Sports Pub Main Stre · 9 yrs held
    Neptunes Sports Pub Main Stre
    since 2017
    7 recorded transactions
    2017
    $827,500
    2010
    $550,000
    2006
    2006
    2002
    $335,000
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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