Business Opportunity · Restaurant
966 REED CANAL ROAD, SOUTH DAYTONA, FL, 32119
Active265 days on marketListed Nov 19, 2025MLS #NS1086653
About this property
The property at a glance
Profitable Family owned Business For sale! Established since 2013 is being offered at a reduced price! A well-cared for, family-operated diner offering 2,588 sq ft of efficiency, with seating inside and outside up to 170, fully equipped space. This established business is known for its welcoming atmosphere, steady customer base, and long-standing reputation in the community. The layout includes a spacious dining area, and meeting room, a well-organized very clean kitchen Hood system, walking cooler, and all essential equipment needed for smooth, immediate operation. Perfect for an owner-operator or investor with management in place seeking a turnkey restaurant with dependable traffic busy corner location and room for growth. Ideal opportunity to step into a proven, profitable operation with strong local appeal. You can go in as a customer and enjoy the food. Do not disturb the help. For additional information, must sign an NDA and show proof of funds.
2,588
Building sq ft
$85
Price / sq ft
1.16
Lot acres
1981
Year built
COMMERCIAL
Zoning
Restaurant
Property type
The numbers
Investment snapshot
47.5%
Cap rate
$104,073
Net operating income
Estimated payment (illustrative)
Estimated payment
$1,346/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. Estimates only — taxes at 1.1%/yr and typical insurance; 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
784
Population
$56,125
Median income
61
Median age
2
Avg household
$113,600
Median home value
$1,500/mo
Median rent
27%
Households w/ kids
Consumer profile
Politically aware, this population is interested in civic issues on both the local and national level. They often discuss candidates for office, taxes, and political ideologies.
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.
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.
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 lives as fast as the culture. They like to keep up with the latest trends, especially when it comes to apparel and accessories.
Asian culture has a lot to offer, but the Asian cuisine tends to be the most frequently referenced. This population is talking about Asian dishes, holidays, and drinks.
Recent sales
What actually sold near 966 REED CANAL ROAD
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$140,000
2043 S ATLANTIC AVENUE
Sold Jun 15, 2026
$1,750,000
3162 S ATLANTIC AVENUE UNIT 10 and 20
5,930 sqft · $295/sqft · Sold Oct 3, 2025
$330,000
5896 AZALEA STREET
2,610 sqft · $126/sqft · Sold Jan 30, 2025
Your team
The pros in your corner
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, offers, and every question about 966 REED CANAL ROAD — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 966 REED CANAL ROAD.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Listing courtesy of LUBANSKY & WHITE REALTY · Herb Lubansky. MLS #NS1086653.
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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