Property
| Ownership: | Fee Simple |
|---|---|
| Type: | Unknown |
| Area: | 34717 sq ft |
| Lot Size: | 0.9 Acres |
Financials
Price:$6,800,000
Annual Taxes:$24,841.70
Listing Courtesy of KINCAID REALTY
Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than ...
Shown with 2026 improvements , new exterior paint, roof & gutters beginning soon
Description
Offered to the market for the first time, this established New Smyrna Beach storage business and real estate portfolio represents an opportunity to acquire an operating business with more than 30 years of history serving the local community.
The offering includes the 18,625 square foot storage building at 720 Magnolia Street and nine units within a 14 unit industrial complex on Live Oak Street. Each Live Oak Unit offers approximately 1800 square feet , with a 10' x 12' roll up door or the option to have one. The property is zoned light industrial ( see attached ) . Building and 9 Units are configured and operated as a storage facility totaling 329 individual storage spaces Together, these properties provide a combined acquisition opportunity for buyers seeking an established presence in the local self-storage market.
The Magnolia building and all nine Live Oak units are offered as one package at $6,800,000. The seller may also consider selling the Live Oak units individually, subject to acceptable pricing and terms.
With its longstanding business history and first-time market availability, this offering warrants consideration by storage operators, investors, and buyers seeking to expand their real estate and business holdings in the New Smyrna Beach area.
2026 Planned paid improvements include exterior paint , new roof, Hardie board gables and gutters on Live Oak St building.
2023 improvements include new roof, Hardie board gables, paint and gutters on Magnolia St building
Climate controlled , new PDK keypads for 24 hr access on Live Oak units and new camera/security system in place on both buildings
Amenities
- Aluminum Frames
- Bathrooms
- City Limits
- Corner Lot
- Curb And Gutters
- Fencing
- Fire Sprinkler System
- Outside Storage
- Overhead Door(s)
- Public
- Security System Owned
- Sidewalk
- Water Connected
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.