Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Wood Siding

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Wooded

  • Lot Size(acres)

    0.77

  • Lot Size(square feet)

    33,500

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $925,000

  • Tax Amount

    $7,333

  • Sq. Footage

    1,814

  • Price/SqFt

    $509

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Fee Simple

  • Tax Lot

    5

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Location

County

Volusia

Elementary School

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Listing Courtesy of Ignacio Barsottelli , BARSOTTELLI PRIME REAL ESTATE

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Michael Graf

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Prime Commercial Redevelopment Opportunity – New Smyrna Beach, Florida
Exceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors.
Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts 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.

1042 N DIXIE FREEWAY

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Flagler Avenue is Calling!! Answer the call and own this Prime Commercial Space in the heart of New Smyrna Beach’s entertaining and busy Flagler Avenue. Unlock opportunity on a busy iconic street with this versatile commercial space ideal for your business endeavor. Offering over 1700 square feet, this property is prime for a variety of businesses, thanks to its flexible mixed-use zoning. Turnkey, this building is available for immediate occupancy and provides excellent visibility in a thriving district filled with boutiques, restaurants, and attractions. An inviting store front leads to welcoming glass doors that open up to a large space featuring wide storefront windows, wood floors and cedar/wood planking that cover the interior walls and  vaulted ceilings that combine with indirect track lighting that create a warm and comforting space. This property is unique in that it’s footprint includes several individual and distinct rooms that have a charm all their own.  A detached outbuilding is ideal for additional storage, garage space or convert it for a secluded outdoor seating area or even a hobby lovers retreat, let your imagination and love for your business decide. Other features include a partially equipped kitchen area, and 1.5 bathrooms and lots and lots of foot and car traffic. This sought-after location is perfect for retail, cafe, or professional services looking to establish themselves in a high-traffic area. Don’t miss this chance to secure a space that offers unlimited potential—schedule a viewing today
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Originally built in 1957 and renovated in 1981, the single-story structure features flexible interior space suitable for a variety of commercial uses including showroom, retail, office, warehouse, or light industrial operations. The two story building features a leased space on the first floor and available residential unit on the second floor. The property is zoned Mixed Use (MU), allowing for a broad range of permitted uses and redevelopment potential.
Positioned along US-1 / South Dixie Freeway, the property benefits from strong daily traffic counts and excellent connectivity to surrounding business districts, downtown New Smyrna Beach, and regional highways. Utilities including gas, water, sewer, and electric are already in place, supporting a wide range of commercial operations.
This property represents a rare opportunity to establish or expand a business presence in one of Volusia County’s most desirable coastal markets, just minutes from the beach, I-95, and the growing commercial corridor serving both residents and visitors.  Funding for exterior renovations is available through the local CRA through a matching grant. 
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