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720 Magnolia Street, New Smyrna Beach
$6,800,000
Andrews New Smyrna SubDv. ⋅ 32168 Zip Code
Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than 30 years of history serving the local community. The offering includes the 18,625 square foot storage building at 720 Magnolia Street and nine units within a 14 unit industrial complex on Live Oak Street. Each Live Oak Unit offers approximately 1800 square feet , with a 10' x 12' roll up door or the option to have one. The property is zoned light industrial ( see attached ) . Building and 9 Units are configured and operated as a storage facility totaling 329 individual storage spaces Together, these properties provide a combined acquisition opportunity for buyers seeking an established presence in the local self-storage market. The Magnolia building and all nine Live Oak units are offered as one package at $6,800,000. The seller may also consider selling the Live Oak units individually, subject to acceptable pricing and terms. With its longstanding business history and first-time market availability, this offering warrants consideration by storage operators, investors, and buyers seeking to expand their real estate and business holdings in the New Smyrna Beach area. 2026 Planned paid improvements include exterior paint , new roof, Hardie board gables and gutters on Live Oak St building. 2023 improvements include new roof, Hardie board gables, paint and gutters on Magnolia St building Climate controlled , new PDK keypads for 24 hr access on Live Oak units and new camera/security system in place on both buildings

720 Magnolia Street, New Smyrna Beach
208 Magnolia St, New Smyrna Beach
$1,299,000
Andrews New Smyrna SubDv. ⋅ 32168 Zip Code
Step into a piece of history with this unique 1934 historic building located at 208 Magnolia St., New Smyrna Beach, FL. This versatile property is perfect for a variety of businesses, whether you're envisioning a charming wine bar, a deli, restaurant or a cozy martini bar. The building's MU zoning offers flexibility for your entrepreneurial dreams. The property retains its vintage charm with three old-fashioned gas pumps and metal canopied work areas, a nod to its past life. The gas tanks were removed in 2006, ensuring a safe and modern environment for your business. Inside, you'll find two incredible bathrooms complete with showers, adding convenience and comfort for staff and patrons alike. Situated just a block off the bustling Canal Street and mere steps from the serene Riverside Park, this location is ideal for attracting both locals and tourists. The proximity to The Hub on Canal, a vibrant community center for the arts, adds to the cultural allure of the area. Located one block of the famous Canal St which features a vast amount of restaurants, retail shops and community events, this property offers an ideal location for strong vehicle and pedestrian traffic. Nearby, you'll find a variety of businesses that complement the historic charm of the neighborhood, including local favorites like Yellow Dog Eats Kitchen & Bar and the New Smyrna Beach Brewing Company. This property offers not just a place of business, but a chance to be part of a thriving community. Don't miss the opportunity to make your mark in this historic gem! Buyer and their agents shall verify any information deemed important to them.

208 Magnolia St, New Smyrna Beach