Explore the mixed-use redevelopment potential of this 0.77-acre property along US-1 (N. Dixie Freeway) in New Smyrna Beach’s CRA district, offering exceptional visibility, convenient accessibility, and opportunities for a future residential-commercial concept, subject to City approval. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts… Read More 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, 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 property's 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 today's market. Community Redevelopment Incentive An additional advantage is the property's 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 City's application process, program requirements, funding availability, and final approval. Read Less
Courtesy of BARSOTTELLI PRIME REAL ESTATE 386-401-8008
Listing Snapshot
Days Online
2
Last Updated
Property Type
Single Family Residence
Beds
1
Full Baths
1
Partial Baths
1
Square Ft.
1,814
Lot Size
0.77 Acres
Year Built
1925
MLS Number
NS1089147
Additional Details
Property Access
Road Surface: Asphalt
Appliances & Equipment
None
Building
Built in 1925, Living area: 1814, Living area units: Square Feet, Building faces East, Levels: One, Construction Materials: Wood Siding
Cooling
None
Accessibility Features
Accessible Approach with Ramp, Accessible Entrance, Accessible Central Living Area
Exterior Features
Lighting
Foundation
Brick/Mortar, Crawlspace, Slab
Heating
None
Interior Features
Open Floorplan
Laundry
None
Lot
0.77 acres, Sidewalk, Oak Trees
Roof
Shingle
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 7440-03-14-0050, Public Survey Range: 34, Public Survey Section: 40, Annual Amount: $7,333, Tax Block: 14, Tax Book Number: MB7-14, Legal Description: LOTS 5 6 7 & 8 EXC RD RWY REVISED MAP BLK 14 RIVERSIDE PARK NEW SMYRNA PER MB 7 PG 14 PER OR 5224 PG 2191, Lot: 5, Year: 2025, Zoning: 10B3
Utilities
Electricity Available, Sewer Available, Water Available, Water Source: Public
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Listings courtesy of Stellar MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.