1042 N Dixie Freeway
New Smyrna Beach, FL 32168

Listed at $925,000

Details

  • MLS# NS1088852
  • Commercial -
  • Status Active
  • 0 Bedrooms
  • Bathrooms
  • 2,042 Square Feet
  • 0.770 acres
  • Built in 1925
  • Local Schools

Description

Prime Commercial Redevelopment Opportunity - New Smyrna Beach, FloridaExceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors.Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1-an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day,...read more the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses.The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success.Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses.The propertys commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential.Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in todays market.Community Redevelopment IncentiveAn additional advantage is the propertys location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the Citys application process, program requirements, funding availability, and final approval.

Features

  • None
  • $7,333 Taxes
  • Built in 1925
View All Features

Contact the Agent

Contact the Listing Agent
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All Property Features

  • Property Type: Commercial -
  • Cooling: None
  • Days on Site: 7
  • Directions: Directly on US-1. Coming from North it'll be on your right.
  • Exterior: Wood Siding
  • Flood Zone Code: X
  • Foundation: Slab
  • Home Warranty Y/N: No
  • Listing Terms: Cash, Owner Financing
  • Lot Dimensions: 0.77
  • Lot Size: 0.77 Acres
  • Other Structures: Other
  • Ownership: Fee Simple
  • Property Attached Y/N: No
  • Property Sub-Type: Mixed Use
  • Roof Type: Shingle
  • Sale Includes: Building(s) and Land
  • Showing Instructions: Supra Lock Box,24 Hour Notice, Other, See Remarks, ShowingTime
  • Special Sale Provisions: None
  • Taxes: $7,333
  • Vegetation: Oak Trees, Wooded
  • Water Access Y/N: No
  • Year Built: 1925
  • Zoning: 10B3