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204 Magnolia Street
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PRICED AT ONLY: $1,099,000

Address: 204 Magnolia Street, NEW SMYRNA BEACH, FL 32168

Description

Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three story mixed use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beachs vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short or long term rentals (check with the municipality for restrictions). The third floor offers versatile flex space perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beachs famous sandy shoreline. Currently mid renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Floridas most charming coastal districts.

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More Like This
  • MLS#: V4944223 ( Commercial Sale )
  • Street Address: 204 Magnolia Street
  • Viewed: 2
  • Price: $1,099,000
  • Price sqft: $163
  • Waterfront: No
  • Year Built: 1927
  • Bldg sqft: 6753
  • Days On Market: 17
  • Additional Information
  • Geolocation: 29.024 / -80.922
  • County: VOLUSIA
  • City: NEW SMYRNA BEACH
  • Zipcode: 32168
  • Provided by: GLORY INTL. REAL ESTATE CO
  • Contact: Jennifer Clark
  • 386-775-7778
  • mfrmls
  • DMCA Notice

Description

Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three story mixed use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beachs vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short or long term rentals (check with the municipality for restrictions). The third floor offers versatile flex space perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beachs famous sandy shoreline. Currently mid renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Floridas most charming coastal districts.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 4422.00
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Cooling: Other
  • Road Frontage Type: City Street
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Tax Year: 2024
Other Features
  • Country: US
  • Legal Description: W 90 FT OF LOT 91 & N 35 FT OF LOT 92 BLK 9 ANDREWS NEW SMYRNA PER OR 5131 PG 2724-26 INC PER OR 7214 PG 1344 PER OR 7529 PG 2599 PER OR 8096 PG 2221 PER OR 8448 PG 2680
  • Levels: Three Or More
  • Area Major: 32168 - New Smyrna Beach
  • Parcel Number: 41-17-34-38-09-0911
  • Possession: Close Of Escrow
  • Zoning Code: 10B1
Nearby Subdivisions
Cavedo Add New Smyrna   Gerson Henry T   Paxton Sub   Tuscany Square 01 Condo  
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