Beach Street Mixed-Use 262 S Beach St

Prime Commercial Investment Opportunity in Daytona Beach
Welcome to 262 S Beach St, a strategically located commercial building offering a unique blend of income streams and development potential. This property presents an exciting prospect for investors seeking a combination of established income and future growth opportunities.
Property Highlights:
Location: Situated in the heart of Daytona Beach, 262 S Beach St enjoys high visibility and foot traffic, making it an ideal location for a diverse range of businesses.
Versatility: The property is currently home to a thriving pizza restaurant that has been a local favorite for 47 years. With an impressive annual gross revenue of almost $1 million, this well-established business provides a stable and lucrative income stream.
Diverse Income Streams: In addition to the successful pizza restaurant, the property features a leased space housing a book store. This diversification of tenants adds stability to the investment, offering a well-rounded mix of commercial enterprises.
Development Potential: The property holds significant potential for expansion or redevelopment. Zoning regulations allow for the creation of up to 10 apartment units, providing an excellent opportunity for residential development in this vibrant commercial area. Get Floor plans and 3D Virtual Tour at visit: https://www.multifamilydeals.org/beach-st-mixed-use
Proximity to Amenities: The building is conveniently located near various amenities, including shopping centers, entertainment venues, and recreational facilities, enhancing its appeal to both residents and business owners.
Historical Significance: Being the home of a successful pizza restaurant for almost five decades, this property carries a rich history and local charm, adding to its overall appeal and marketability.
Investment Advantage: Daytona Beach is a rapidly growing area, and this property positions investors to capitalize on the evolving landscape of the community.