419 Canal St New Smyrna Beach, FL 32168-7009
This vibrant 3,120-square-foot mixed-use building, situated on historic Canal Street in New Smyrna Beach, Florida (32168), presents a unique investment opportunity. Built in 1950 and renovated in 2002, the single-story property boasts a brand new roof (May 2024), a glass storefront with awning, and signage. The space features 9'-4" ceilings and two bathrooms, one ADA compliant. Convenient rear access/egress is also available. Two dedicated parking spaces are located at the rear, supplemented by ample public parking in front. The property's Mixed Use (MU) zoning allows for a variety of business uses, including the potential for division into multiple tenant spaces. Located in a bustling area with boutiques, restaurants, breweries, and parks, this location benefits from high pedestrian traffic and frequent street closures for events like art festivals and car shows, maximizing business exposure. The property is conveniently located near the City Marina and Brannon Center, adding to its appeal. The total land area is 0.07 acres, and the building is served by a 200A power supply. All information is believed to be accurate but is not guaranteed
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B1 · New Smyrna Beach, FLNew Smyrna Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.