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Stephen McGonagle
Full Service Real Estate
Broker Associate
(716) 471-4272
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$995,000

801 Canal Street New Smyrna Beach, FL 32168 Commercial - Active

  • 801 Canal Street , New Smyrna Beach, FL 32168 Main Photo

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Description

OWNER FINANCING AVAILABLE - MUST SELL! Exceptional mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combines residential comfort with strong commercial potential in one of the city's most desirable and rapidly growing corridors. The property features spacious independent units and flexible configurations ideal for a boutique bed & breakfast, executive offices, medical or wellness practice, short-term rental operation, art gallery, café, retail showroom, co-working concept, or professional headquarters. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. Currently generating over $130,000 annually in short-term rental income, this property offers immediate revenue potential while also supporting long-term redevelopment and business opportunities. The generous layout provides multiple private-use areas with an ideal blend of residential and commercial functionality. Located just moments from Historic Canal Street, Flagler Avenue, Riverside Drive, shopping, dining, marinas, and only minutes to the beach, the property benefits from outstanding visibility, accessibility, walkability, and tourism exposure. Adding to the long-term appeal, the proposed Myrtle Avenue Park nearby off Canal Street is expected to further enhance the area's charm, pedestrian activity, and future desirability. The surrounding district continues to experience substantial residential, hospitality, and commercial growth, making this a strategic acquisition with exceptional upside potential. Whether you are seeking an income-producing asset, flagship business location, mixed-use redevelopment opportunity, or a unique coastal investment property, this rare New Smyrna Beach offering delivers versatility, charm, and opportunity. MAKE AN OFFER!

Property Highlights

Property Type: Commercial -
Cooling: Central Air
Lot Size: 0.79 Acres
Stories: 1.0
Taxes: $7,006
Year Built: 1948

General Information

County: Volusia
Subdivision: INWOOD
Listed By:
Ignacio Barsottelli BARSOTTELLI PRIME REAL ESTATE 386-401-8008

Property Features

Directions: I-95 Exit 249 (SR-44), east toward New Smyrna Beach. Right on Myrtle Ave. Property on NW corner of Canal St & Myrtle Ave.
Exterior: Block, Brick, Concrete, Metal Siding
Flood Zone Code: AE
Foundation: Block, Concrete Perimeter, Slab
Home Warranty Y/N: No
Lot Dimensions: 0.79
Ownership: Fee Simple
Property Attached Y/N: No
Property Sub-Type: Mixed Use
Showing Instructions: Appointment Only, ShowingTime
Special Sale Provisions: None
Water Access Y/N: No
Zoning: 10B2
$995,000
New to the Market Active
BEDS0 BATHS SQUARE FEET2,974 MLS#NS1088307
STATUSActive PROPERTY TYPECommercial - SUBDIVISIONINWOOD

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801 Canal Street , New Smyrna Beach, FL 32168.

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