516 Main St StDaytona Beach, FL 32118

This exceptional Daytona Beach property, located at 516 Main St, offers a unique blend of commercial and residential space. The 2,303 square foot, two-story brick building boasts a ground floor storefront ideally suited for various retail ventures, particularly benefiting from its proximity to the beach pier (a 4-minute walk). This space is perfect for lease income generation during peak events like Bike Week, New Year's Eve, and Jeep Week. Alternatively, the ground floor presents an excellent opportunity to establish your own business. The building's financial strength is further enhanced by the inclusion of a modern, 1200 square foot, one-bedroom, one-bathroom apartment on the second floor. This meticulously renovated apartment features a spa-like bathroom with a jacuzzi and shower system, a den, an office, a walk-in closet, and a utility storage room, all accessible via a private custom staircase. The apartment also includes 22 hurricane-rated windows offering stunning views of Main Street, custom blinds, stainless steel appliances (including a washer and dryer), a Sonos sound system, and a mounted 75-inch 4K TV. The entire building has undergone extensive renovations, including a new roof, two rooftop AC units, and all new hurricane-rated windows. The property sits on an 871.2 square foot lot and was built in 1938. This mixed-use property presents a compelling investment opportunity with significant income potential and a desirable location. The asking price is $867,200.