The Sanford Group
Property Description
LOCATION, LOCATION, LOCATION. Rare Opportunity in the heart of beachside New Smyrna Beach. This unique 5 parcel property is located on busy historic Flagler Avenue within walking distance to one of the most visited beaches in Florida. Flagler Avenue is lined with shops, restaurants and three quaint hotels. The listed properties include: Retail space (1170 sq.ft.) with frontage on Flagler Avenue, which has operated for 19 years as an upscale gift store. The store also had a Series 2AP license to sell package wine and beer, and conducted wine tastings at the adjacent restaurant. The restaurant space (920 sq.ft.) includes a cozy 6-stool bar with 3-4 tables and a kitchen with gas appliances and a fire suppression hood system and an adjacent Restaurant space (443 sq.ft.) which has been used for special events and storage. There is an additional 900 sq.ft. of covered outdoor seating in the charming courtyard, under an existing lease from the Cloisters Condo Owners Assn. The tenants of the restaurant space have held a 2-COP license to serve wine and beer since 2014. The commercial retail and restaurant spaces , if combined, have 16 allocated parking spaces which could be used to meet the City of New Smyrna Beach parking requirements for a 96-seat restaurant. In addition to the commercial spaces, there is a residential unit on the second floor above the retail space. It is a well maintained 3 bedroom, 3 bath, (1440 sq.ft.) condo with an open floor plan, and an air conditioned 1 car garage (247 sq. ft.). The residence is perfect for Owner or Manager and is being offered at $420,000 with the purchase of the commercial parcels.
Property Features
Feature Descriptions
Listed By / Shown By
Listed By
Agency Name: ROSE PROPERTY MANAGEMENT INC
Agency Contact: 407-442-0291
Shown By
Agent Name: The Sanford Group
Agent Phone: Cell: (904) 868-9651
Agency Title: Watson Realty Corp., REALTORS ®
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307 Flagler Avenue, Unit 101 | MLS# O6340009
This commercial property located at 307 Flagler Avenue, Unit 101, New Smyrna Beach, FL 32169 is currently listed for sale with an asking price of $1,575,000. Search New Smyrna Beach real estate on www.signwithsanford.com today.