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204 MAGNOLIA STREET

Commercial For Sale
$849,900

BTC: 13.27968750

ETH: 472.16666667

-$249K (2026/05/06)
297 days
0 room(s)
4,422 sqft

Overview

Unique opportunity in the heart of the Canal Street Historic District! This 6,753 sq ft, three-story mixed-use property offers the ultimate flexibility for investors, entrepreneurs, or creative visionaries. Zoned Mixed Use and located steps from New Smyrna Beach’s vibrant dining, shopping, and arts scene, this property blends history, location, and income potential. The second floor features existing apartments ideal for short- or long-term rentals (check with the municipality for restrictions). The third floor offers versatile flex space — perfect for a private event venue, large residential loft, or an inspiring art studio framed by exposed brick and wooden beams. The first floor provides prime commercial frontage visible from Canal Street, with original wood floors and industrial-style charm that set the stage for retail, dining, or creative businesses. The included rear lot provides valuable additional space, ideal for a landscaped courtyard, parking, or future expansion. Enjoy a premier location just blocks from the Intracoastal Waterway, where waterfront parks, marinas, and boating activities are at your doorstep, and only a short drive to New Smyrna Beach’s famous sandy shoreline. Currently mid-renovation, the property is ready for your finishing touches. Whether you choose to live and work from the same address, lease the residential units, rent all or part of the commercial space, or bring a fresh concept to life, this historic building is truly a blank canvas in one of Florida’s most charming coastal districts.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1927
Lot:
0.22 Acres
Heating:
No Data
Price/sqft:
$192
Cooling:
Other
HOA:
No Data

Highlights

Annual tax
$18,281
2024
All facts and features
  • Cooling

    • Other

  • Property

    • Levels: Three Or More

    Lot

    • Lot: 0.22 Acres

    Other Property Information

    • Parcel Number: 41173438090911

    • Zoning: 10B1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Mixed Use

  • Other financial information

    • Annual tax amount: $18,281

  • Source details

    • MLS ID: V4944223

    Other facts

    • Construction Materials: Brick

    • Foundation Details: Slab

    • Living Area: 4422

    • Subdivision Name: ANDREWS NEW SMYRNA

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: GLORY INTL. REAL ESTATE CO