$880,000
Active · 61 days on market · MLS# MFRO6296595
| Living area | 5,219 sq ft |
|---|---|
| Lot size | 0.28 acres |
| Year built | 1920 |
| Property type | Mixed Use |
| Waterfront | Yes |
| Annual taxes | $6,840 |
| County | Volusia |
OPPORTUNITY ZONE! Completely and lovingly restored Magnolia Commercial and Residential Complex with a spacious courtyard, is now ready for its final finishes. The front building is for commercial use with brand new roof, brand new interior walls and ceiling, brand new electric, brand new plumbing, brand new AC systems. There are 2 bathrooms and an additional large ADA bathroom. 2 stories with multiple rooms of all sizes. It could be used for a restaurant, cafe, clinic, offices .... It has two separate front entrance doors to accommodate multiple businesses if desired. The back building has a 2 bedroom apartment downstairs and a 1 bedroom apartment upstairs. The spacious courtyard is perfect for an outdoor cafe or an outdoor garden ... Magnolia Complex is perfectly located on Magnolia Ave just off the main business district of Beach Street, next to the well-know restaurant Zen Bistro, across from the highly rated restaurant The Cellar, near Brown and Brown building and the brand new 300 unit high end apartment complex is coming soon, the amazing Riverfront Esplanade, many shops and restaurants. Offered at below market value. Welcome any businesses and investors interested in joining the growing Riverside Beach St community revitalizing the WORLD FAMOUS Daytona Beach.
Listing courtesy of Kate Song Song-Destro, YOUNG REAL ESTATE. Presented by MC Homes Realty Inc · 727432218.