Address118 East Fairview Avenue, DAYTONA BEACH, FL, 32114

Price$1,499,000

  • Commercial Sale
  • 12,289 SQ FT
  • Built in 1955

Investment Opportunity ALERT! Located in the heart of Daytona Beach, this commercial property offers O2M1 Zoning and provides an opportunity for a multitude of possibilities. Located less than 2 miles from the World’s Most Famous Beach. Please verify zoning use. Please verify all information listed. Woven into the fabric of historic Daytona Beach, this property is perfectly positioned in the heart of downtown within proximity to some of the city's greatest sites including the Jackie Robinson Ballpark, The Halifax River Yacht Club, waterfront cuisine, cultural amenities, world-class shopping, galleries, and less than 1.2 miles from the Ocean. Located in one of the most sought after areas in the Downtown Daytona Beach Historical District, this 12,289 square feet. Modified use potentially includes: motorcycle, car, or boat sales, restaurant or bakery, Club, Lodge, Place of Worship, Attorney or contractor office building, Clinic, government building and many more options! The possibilities are truly endless! An incredibly rare find, 118 Fairview Avenue is truly a once in a lifetime opportunity. Coming across the Main St bridge the historic Daytona Beach begins with you! As the heart of the new development boom, the Downtown Historic District, local transformations, area improvements and additions to the Downtown landscape includes a $70M ll-story building towering the west bank of the river and home to the new headquarters for Brown and Brown Insurance. Brown and Brown is the fifth largest independent insurance brokerage in the nation with over 600 employees at their new location. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom, 118 Fairview Avenue is the best value in the entirety of the Daytona Beach Commercial Real Estate market. A stunning and exceedingly rare piece of property ready for a buyer to make their mark and create something absolutely spectacular! Be the next owner of this quintessential Daytona Beach property and make your history here. Any commercial buyer that puts a premium on having it all must run, not walk, to see what this special location has to offer. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom with possible funds available with the Community Redevelopment Agency for this area.

Essential Information

  • MLS® #V4931291
  • Price$1,499,000
  • Bathrooms0.00
  • Square Footage12,289
  • Acres0.66
  • Price/SqFt$122 USD
  • Year Built1955
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StatusActive

Community Information

  • Address118 East Fairview Avenue
  • AreaDaytona Beach
  • SubdivisionORANGE ISLAND PARK DAYTONA
  • CityDAYTONA BEACH
  • CountyVolusia
  • StateFL
  • Zip Code32114

Interior

  • CoolingCentral Air

Exterior

  • FoundationSlab

Additional Information

  • Date ListedJuly 19th, 2023
  • Days on Market278
  • Zoning02M1

Listing Details

  • OfficeEXP REALTY LLC
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Price Change History for 118 East Fairview Avenue, DAYTONA BEACH, FL (MLS® #V4931291)

Date Details Change
Status Changed from Pending to Active
Status Changed from Active to Pending
Price Reduced from $2,100,000 to $1,499,000 $601,000 (28.62%)

Similar Listings To: 118 East Fairview Avenue, DAYTONA BEACH

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