118 E Fairview Avenue Daytona Beach, FL 32114

1 / 51

View all 51 Photos

Map

MAJOR PRICE REDUCTION! $600, 000 DROP! '' Excellent investment property with endless possibilities right on the Halifax River about 3 1/2 blocks from Daytona's iconic boardwalk on the Atlantic Ocean. Daytona is known as a dynamic fun-filled city with activities year-round. This property is on the cusp of the newly renovated Beach St business district and nature walk on the river. New luxury apartments are underway one half block south of this site. Investor's can benefit from the new face of business and commerce in this district. The property is an excellent target for 1031 reinvestment funds and is eligible for CRA credits from the City of Daytona Beach!This property can benefit from the significant tax savings that any investor can enjoy thru accel Modified use potentially includes: motorcycle, car, or boat sales, restaurant or bakery, Club, Lodge, Place of Worship, Attorney or contractor office building, Clinic, government building and many more options! The possibilities are truly endless! An incredibly rare find, 118 Fairview Avenue is truly a once in a lifetime opportunity. Coming across the Main St bridge the historic Daytona Beach begins with you! As the heart of the new development boom, the Downtown Historic District, local transformations, area improvements and additions to the Downtown landscape includes a $70M ll-story building towering the west bank of the river and home to the new headquarters for Brown and Brown Insurance. Brown and Brown is the fifth largest independent insurance brokerage in the nation with over 600 employees at their new location. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom, 118 Fairview Avenue is the best value in the entirety of the Daytona Beach Commercial Real Estate market. A stunning and exceedingly rare piece of property ready for a buyer to make their mark and create something absolutely spectacular! Be the next owner of this quintessential Daytona Beach property and make your history here. Any commercial buyer that puts a premium on having it all must run, not walk, to see what this special location has to offer. Another exceptional addition is the new Riverfront Esplanade Park spanning 22 acres. The riverfront park is a $31M privately funded premier gathering space and botanical garden. The most recent addition to the development boom is a $97M, 294 unit, 6-story, apartment complex spanning 3.5 acres. With Downtown Beach street quickly becoming a beacon and catalyst for a massive development boom with possible funds available with the Community Redevelopment Agency for this area. Prime Commercial Property Opportunity in the Heart of Daytona Beach Key Features: Strategic Location: Situated at 118 E Fairview Ave, this property benefits from a high-visibility location in the heart of Daytona Beach. It enjoys easy access to major transportation routes, ensuring convenience for both customers and employees. Generous Square Footage: Boasting an impressive 12, 289 square feet of space, this property provides ample room for various commercial endeavors. The spacious layout allows for flexibility in design and functionality, accommodating a diverse range of business needs. Versatile Usage Possibilities: Whether you're considering retail, office space, a showroom, or a combination of uses, this property is a blank canvas ready for customization. The open floor plan allows for creative adaptation to suit the specific requirements of your business. Modern Infrastructure: The property features modern infrastructure and amenities to support the demands of contemporary businesses. Up-to-date electrical systems, HVAC, and other essential facilities contri