New Smyrna Beach Mixed Use Properties

New Smyrna Beach Mixed Use Properties

Mixed use properties have become an important part of New Smyrna Beach's continued growth by combining residential, retail, office, hospitality, and entertainment uses into vibrant commercial destinations. The city's commitment to redevelopment and thoughtful planning creates opportunities for developments that enhance the community while supporting economic growth.

Downtown districts such as Canal Street and Flagler Avenue demonstrate the success of mixed commercial environments where businesses, restaurants, professional offices, galleries, and residential spaces thrive together. These walkable destinations attract residents and visitors alike while supporting year-round economic activity.

Whether you're seeking an income-producing investment or planning a future development, mixed use properties in New Smyrna Beach provide flexibility, diversification, and outstanding long-term potential.

Explore mixed use properties in New Smyrna Beach and invest in a community where business, lifestyle, and coastal living come together.

Browse New Smyrna Beach Mixed Use Properties

$925,000
Riverside Park New Smyrna SubDv. 32168 Zip Code
Prime Commercial Redevelopment Opportunity – New Smyrna Beach, Florida Exceptional visibility, outstanding accessibility, and remarkable redevelopment potential come together on this rare 0.77-acre commercial property located along highly traveled US-1 (N. Dixie Freeway) in one of New Smyrna Beach's fastest-growing commercial corridors. Strategically positioned adjacent to a signalized intersection, the property features three existing curb cuts providing convenient ingress and egress from US-1—an increasingly valuable asset that enhances traffic flow and customer accessibility. With approximately 20,000 vehicles passing the site each day, the location offers continuous, high-impact exposure with slow-moving traffic that is ideal for retail, restaurant, medical, office, and service-oriented businesses. The property sits just one block from the Indian River and is surrounded by established commercial activity, including the new Dollar General, Sacred Heart Catholic School, numerous neighborhood businesses, and a public transit stop located directly in front of the site. This combination of destination traffic, commuter visibility, and pedestrian accessibility creates an exceptional environment for long-term commercial success. Unlike a typical vacant parcel, the property includes two existing freestanding commercial buildings that may be renovated, repurposed, or incorporated into a comprehensive redevelopment plan. The existing layout lends itself to a variety of concepts, including dual complementary businesses such as a sandwich shop paired with a coffee, smoothie, dessert, or specialty beverage operator, while still allowing flexibility for numerous other commercial uses. The property's commercial zoning accommodates a broad range of permitted uses, making it an attractive opportunity for franchise operators, developers, owner-users, and investors seeking a highly visible location with exceptional redevelopment potential. Whether your vision is to modernize the existing improvements, develop a flagship retail destination, create a multi-tenant commercial center, or establish a drive-thru-oriented business concept, this property offers a combination of location, accessibility, visibility, and future upside that is increasingly difficult to find in today's market. Community Redevelopment Incentive An additional advantage is the property's location within the City of New Smyrna Beach Community Redevelopment Agency (CRA) district. Qualified purchasers may be eligible to apply for redevelopment grant funding of up to $250,000 for approved improvement projects, subject to the City's application process, program requirements, funding availability, and final approval.

1042 N Dixie Freeway, New Smyrna Beach

$319,000
Sheldons New Smyrna SubDv. 32168 Zip Code
SHORT TERM RENTAL AVAILABLE, RETAIL, SERVICE BUSINESS SPACE Rare Find Fully Renovated mixed-use (M-U) zoned cottage in the heart of New Smyrna Beach's Historic Westside district — a turnkey opportunity for short-term rental income, retail, or a live-work setup, all on one deed. This historic 1939 wood-frame cottage offers 3 bedrooms, 1 bath, and an open floor plan across approximately 1,200 square feet, full of classic coastal-cottage character. Enjoy a freshly landscaped yard, covered front porch, and a backyard with a seating area — plus a short walk to the Canal Street commercial and dining corridor. The M-U zoning is the standout feature here: it legally permits short-term rental, retail, or service-business use on this exact parcel, giving buyers flexibility that's hard to find at this price point. New Smyrna Beach's STR market runs $228–$303 average daily rate at 35–58 occupancy, with top-quartile properties reaching 75 + occupancy and $300+ ADR — real upside for an investor-minded buyer. Whether you're chasing rental income, opening a small business, or simply want a charming beach-area cottage with built-in optionality, 306 Sheldon Street delivers. Don't miss this flexible, income-ready property just minutes from New Smyrna Beach's shops, dining, and coastline. All information is deemed reliable but not guaranteed. Buyers and their agents are responsible for their own due diligence.

306 Sheldon Street, New Smyrna Beach

$1,300,000
Connors New Smyrna SubDv. 32168 Zip Code
Exceptional opportunity to acquire a highly visible commercial assemblage along the US-1 corridor in New Smyna Beach. Consisting of three contiguous parcels totaling approximately 0.58 acres, this unique offering stretches from N Dixie Freeway (US-1) to Dora Street and includes a solidly constructed 2,896-square-foot concrete block building plus two adjacent vacant commercial lots, creating outstanding flexibility for expansion, redevelopment, investment, or owner-user occupancy. Originally constructed in 1958, the building has undergone significant improvements, including a newly installed gable roof with complete decking replacement, impact-resistant windows throughout most of the structure, and energy-efficient upgrades. Zoned B-3 Mixed Use, the property features a permitted residential living area complete with a stainless-steel kitchen, offering a rare live/work opportunity. A firewall exceeding code requirements was constructed between the living and commercial spaces utilizing 5/8-inch Type X fire-rated drywall throughout, fire-rated doors, and an estimated 90+ minute burn rating for enhanced safety. The interior offers 10-foot-plus ceilings throughout, with approximately 12.5-foot ceilings in the shop area, a 10-foot roll-up door, and the potential to add a second roll-up door if desired. Additional features include metered natural gas service, a tankless water heater, gas range, and gas dryer connections. The property's history as a former service station has already been addressed through environmental remediation, with Phase I environmental documentation available and a clean site status already established, eliminating uncertainty for future owners and developers. The property is also located outside of a flood zone. With exceptional visibility, multiple access points, existing improvements, vacant land for expansion, and flexible B-3 zoning, this is a rare opportunity to secure a prominent commercial footprint in one of New Smyrna Beach's most active growth corridors. Conveniently located near Canal Street, SR-44, Downtown New Smyrna Beach, and the area's renowned beaches. All information is intended to be accurate, however not guaranteed.

600 N Dixie Freeway, New Smyrna Beach

$1,300,000
32168 Zip Code
Exceptional opportunity to acquire a highly visible commercial assemblage along the US-1 corridor in New Smyna Beach. Consisting of three contiguous parcels totaling approximately 0.58 acres, this unique offering stretches from N Dixie Freeway (US-1) to Dora Street and includes a solidly constructed 2,896-square-foot concrete block building plus two adjacent vacant commercial lots, creating outstanding flexibility for expansion, redevelopment, investment, or owner-user occupancy. Originally constructed in 1958, the building has undergone significant improvements, including a newly installed gable roof with complete decking replacement, impact-resistant windows throughout most of the structure, and energy-efficient upgrades. Zoned B-3 Mixed Use, the property features a permitted residential living area complete with a stainless-steel kitchen, offering a rare live/work opportunity. A firewall exceeding code requirements was constructed between the living and commercial spaces utilizing 5/8-inch Type X fire-rated drywall throughout, fire-rated doors, and an estimated 90+ minute burn rating for enhanced safety. The interior offers 10-foot-plus ceilings throughout, with approximately 12.5-foot ceilings in the shop area, a 10-foot roll-up door, and the potential to add a second roll-up door if desired. Additional features include metered natural gas service, a tankless water heater, gas range, and gas dryer connections. The property's history as a former service station has already been addressed through environmental remediation, with Phase I environmental documentation available and a clean site status already established, eliminating uncertainty for future owners and developers. The property is also located outside of a flood zone. With exceptional visibility, multiple access points, existing improvements, vacant land for expansion, and flexible B-3 zoning, this is a rare opportunity to secure a prominent commercial footprint in one of New Smyrna Beach's most active growth corridors. Conveniently located near Canal Street, SR-44, Downtown New Smyrna Beach, and the area's renowned beaches. All information is intended to be accurate, however not guaranteed.

600 N Dixie Freeway, New Smyrna Beach

$995,000
4 Baths 32168 Zip Code
OWNER FINANCING AVAILABLE - MUST SELL! Exceptional mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combines residential comfort with strong commercial potential in one of the city's most desirable and rapidly growing corridors. The property features spacious independent units and flexible configurations ideal for a boutique bed & breakfast, executive offices, medical or wellness practice, short-term rental operation, art gallery, café, retail showroom, co-working concept, or professional headquarters. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. Currently generating over $130,000 annually in short-term rental income, this property offers immediate revenue potential while also supporting long-term redevelopment and business opportunities. The generous layout provides multiple private-use areas with an ideal blend of residential and commercial functionality. Located just moments from Historic Canal Street, Flagler Avenue, Riverside Drive, shopping, dining, marinas, and only minutes to the beach, the property benefits from outstanding visibility, accessibility, walkability, and tourism exposure. Adding to the long-term appeal, the proposed Myrtle Avenue Park nearby off Canal Street is expected to further enhance the area's charm, pedestrian activity, and future desirability. The surrounding district continues to experience substantial residential, hospitality, and commercial growth, making this a strategic acquisition with exceptional upside potential. Whether you are seeking an income-producing asset, flagship business location, mixed-use redevelopment opportunity, or a unique coastal investment property, this rare New Smyrna Beach offering delivers versatility, charm, and opportunity. MAKE AN OFFER!

801 Canal Street, New Smyrna Beach

$995,000
Inwood Sub New Smyrna Beach SubDv. 32168 Zip Code
OWNER FINANCING AVAILABLE – MUST SELL! Exceptional mixed-use investment opportunity in the heart of New Smyrna Beach offering incredible flexibility for investors, entrepreneurs, live/work concepts, hospitality, retail, office, wellness, or income-producing ventures. Positioned on approximately 0.79 acres between US-1 and the Intracoastal Waterway, this unique property combines residential comfort with strong commercial potential in one of the city’s most desirable and rapidly growing corridors. The property features spacious independent units and flexible configurations ideal for a boutique bed & breakfast, executive offices, medical or wellness practice, short-term rental operation, art gallery, café, retail showroom, co-working concept, or professional headquarters. Completely remodeled with impressive attention to detail, the property showcases high-end finishes, beautiful décor, and turnkey functionality throughout. Currently generating over $130,000 annually in short-term rental income, this property offers immediate revenue potential while also supporting long-term redevelopment and business opportunities. The generous layout provides multiple private-use areas with an ideal blend of residential and commercial functionality. Located just moments from Historic Canal Street, Flagler Avenue, Riverside Drive, shopping, dining, marinas, and only minutes to the beach, the property benefits from outstanding visibility, accessibility, walkability, and tourism exposure. Adding to the long-term appeal, the proposed Myrtle Avenue Park nearby off Canal Street is expected to further enhance the area’s charm, pedestrian activity, and future desirability. The surrounding district continues to experience substantial residential, hospitality, and commercial growth, making this a strategic acquisition with exceptional upside potential. Whether you are seeking an income-producing asset, flagship business location, mixed-use redevelopment opportunity, or a unique coastal investment property, this rare New Smyrna Beach offering delivers versatility, charm, and opportunity. MAKE AN OFFER! All information recorded in the MLS is intended to be accurate but cannot be guaranteed.

801 Canal Street, New Smyrna Beach

$1,399,500
Parkside SubDv. 32168 Zip Code
Three-parcel mixed-use assemblage on Canal Street offering approximately 150 feet of total frontage and roughly 21,900 total square feet of land area adjacent to a city owned park. Positioned along West Canal Street with consistent daily traffic counts estimated between 5,000–9,000 vehicles per day, offering strong visibility within one of New Smyrna Beach’s most active mixed-use corridors. The property’s close proximity to restaurants, shopping, healthcare, schools, and the beach make it ideal for: * Café / wine bar * Boutique retail * Professional office * Upscale service businesses *Tabby House live/work development The site includes: Parcel 1: vacant lot, approximately 46' x 148' Parcel 2: mixed-use parcel improved with an operating business, featuring 4 rooms, kitchen, ADA bathroom, ADA ramp, and parking Parcel 3: mixed-use parcel improved with an income-producing 2-bedroom, 1-bath residential rental This opportunity is ideal for a developer seeking to capitalize on MU zoning with a vertical mixed-use concept: commercial or live-work space on the ground floor with residential units above. Development Vision Canal Street Mixed-Use Development Opportunity Offered together as a three-parcel assemblage, this unique property presents a rare opportunity for a developer to reimagine a prominent stretch of Canal Street with a cohesive mixed-use vision. Each parcel offers approximately 50 feet of Canal Street frontage and 146 feet of depth, for a combined frontage of approximately 150 feet. Envision a collection of tabby-inspired city homes blending timeless coastal character with modern convenience—an ideal setting for live-work lifestyles, boutique retail, office, or service-based business uses in a walkable corridor. If preserving the charm of the 1920’s style home is more your vibe, then just a little elbow grease and vision is all it will take to revitalize these craftsman style homes. Property Highlights 3 contiguous mixed-use parcels Approx. 150' total Canal Street frontage Approx. 21,900 SF total site area One vacant parcel plus two improved parcels Existing business use, residential rental, ADA improvements, and parking Strong candidate for vertical mixed-use redevelopment Ideal for boutique residential-over-retail or live-work concept Opportunity to create a branded “tabby homes” destination Parcel Numbers 7419-06-00-0030 & 7419-06-00-0040 & 7419-06-00-0050

820 Canal Street, New Smyrna Beach

$1,399,999
32168 Zip Code
Exceptional opportunity to own a highly visible commercial property located along the heavily traveled US-1 corridor in the heart of New Smyrna Beach. Situated on approximately 0.25 acres, this versatile 6,700± SF flex/showroom building offers excellent exposure and accessibility, making it ideal for owner-users, investors, or businesses seeking a strategic location along one of the area’s primary commercial thoroughfares. Originally built in 1957 and renovated in 1981, the single-story structure features flexible interior space suitable for a variety of commercial uses including showroom, retail, office, warehouse, or light industrial operations. The two story building features a leased space on the first floor and available residential unit on the second floor. The property is zoned Mixed Use (MU), allowing for a broad range of permitted uses and redevelopment potential. Positioned along US-1 / South Dixie Freeway, the property benefits from strong daily traffic counts and excellent connectivity to surrounding business districts, downtown New Smyrna Beach, and regional highways. Utilities including gas, water, sewer, and electric are already in place, supporting a wide range of commercial operations. This property represents a rare opportunity to establish or expand a business presence in one of Volusia County’s most desirable coastal markets, just minutes from the beach, I-95, and the growing commercial corridor serving both residents and visitors. Funding for exterior renovations is available through the local CRA through a matching grant. Property Highlights 5,500± SF commercial flex/showroom building 0.25± acre site with strong road frontage Prime location on US-1 / S Dixie Freeway Mixed-Use (MU) zoning allowing diverse business uses Utilities in place (gas, water, sewer, electric) Ideal for showroom, retail, office, service, or warehouse uses Excellent visibility and accessibility in a growing commercial corridor

225 S Dixie Freeway, New Smyrna Beach

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