Commercial Lease · Restaurant
401 FLAGLER AVENUE, NEW SMYRNA BEACH, FL, 32169
Active752 days on marketListed Jul 17, 2024MLS #NS1082113
About this property
The property at a glance
Exceptional opportunity to lease a highly visible commercial property in the heart of New Smyrna Beach's Flagler Avenue district. This unique offering does not include the building, expansive private parking lot, and beautifully designed outdoor gathering spaces. Currently a Cafe. Ideal for a café, restaurant, wine bar, retail, wellness, office, or other destination business. Excellent frontage, strong pedestrian and vehicle traffic, and ample on-site parking make this a rare leasing opportunity in one of the area's most sought-after commercial locations.
10,000
Building sq ft
$30
Price / sq ft
0.4
Lot acres
1910
Year built
2
Buildings
10B1
Zoning
Restaurant
Property type
The numbers
Investment snapshot
Net, Varied Terms
Lease structure
12 Months
Lease term
Estimated payment (illustrative)
Estimated payment
$3,768/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.
Where it sits
Location & trade area
What’s nearby
Business data © OpenStreetMap contributors
The area
Who's around this property
1,843
Population
$83,678
Median income
62
Median age
2
Avg household
$521,411
Median home value
$1,742/mo
Median rent
88%
Households w/ kids
Consumer profile
From girls night out to a movie night in with their closest gal pals, this population is all about getting the girls together for an evening of fun.
The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.
Meals are a social experience, and these foodies take it to the next level. This population can't wait to snap a pic of their plate and share it before chowing down.
This population is all about keeping the mood light and good, clean fun. Common activities include spending time outdoors, catching up with friends, and dancing.
Passionate about strength training, this population relies heavily on the encouragement of the exercise community. While these people seek the latest fitness techniques, they're also interested in supplements and equipment.
Thirst isn't the only reason this population looks for a good brew. From beer drinkers on a budget to the millennial craft beer enthusiast, these men and women are passionate about different kinds of beer and how it's made.
Recent sales
What actually sold near 401 FLAGLER AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$30,000
360 FLAGLER AVENUE
756 sqft · $40/sqft · Sold May 3, 2025
$1,800,000
314 FLAGLER AVENUE
1,564 sqft · $1,151/sqft · Sold Feb 17, 2026
$22,800
321 N DIXIE FREEWAY
800 sqft · $29/sqft · Sold Dec 17, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 401 FLAGLER AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 401 FLAGLER AVENUE.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Keep looking
Similar properties nearby
Listing courtesy of BARSOTTELLI PRIME REAL ESTATE · Ignacio Barsottelli. MLS #NS1082113.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS.
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