Listed by JP Capital Solutions
$1,950,777
Beach Street Mixed-Use
Details
Property Type Business for Sale, Mixed Use
Square Footage 12,376
Units 12
Occupancy 100%
Tenancy Multi
Price per SqFt $158
Class B
Year Built 1918
Buildings 1
Stories 2
Acreage 0.164
Zoning Commercial | Downtown Redevelopment Area
Investment Type Value Add
Business for Sale | 12,376 SqFt
Marketing description
JP Capital Solutions and Multifamily Property Advisors is pleased to exclusively present for sale Beach Street Mixed-Use, a 12,376-square-foot, two-story historic mixed-use asset located at 262 South Beach Street in the heart of downtown Daytona Beach, Florida. The property offers immediate retail income and a meaningful value-add opportunity through the conversion of its underutilized second floor into income-producing residential units.
Investment highlights
- Irreplaceable Beach Street Location - Trophy storefront on the brick-paved Riverfront Shops promenade — one of Florida's most-walked downtown retail corridors, with more than 60 shops and restaurants between Orange Avenue and Bay Street.
- Direct Exposure to $32.3M Ballpark Renovation - Located directly across the Halifax River from Jackie Robinson Ballpark, currently undergoing a $32.3M renovation 60%+ complete and on schedule for January 2026, home of the Daytona Tortugas (Cincinnati Reds affiliate).
- In-Place Retail Income with Upside - Ground floor 100% occupied. Abraxas Books pays $1,000/month on a long-tenured lease; Stavro's Pizza House — a Daytona Beach institution — conveys with the real estate, giving a new owner full operational flexibility.
- Second-Floor Multifamily Upside - ~6,188 SF of unbuilt second-floor area positioned for long-term adaptive reuse into ~8–10 residential units. Downtown 2BR rents on the South Beach Street submarket average $1,889/month.
- Pro-Investment Public Capital Cycle - Riverfront Master Plan, Esplanade build-out, downtown safety initiatives (consumer 'feel safe' rating 32% → 70% YoY), and Main Street streetscape project all directly benefit Beach Street frontage.
- Florida Tourism Tailwinds - Volusia County hosts Daytona 500 (150K–175K attendees), Bike Week, and ~8M annual visitors — driving sustained foot traffic, hospitality, and short-term rental demand.
Listing Contacts
Listed by JP Capital Solutions
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