Commercial Sale · Warehouse
115-119 MICHIGAN AVENUE, DAYTONA BEACH, FL, 32114
Active6 days on marketListed Aug 17, 2026MLS #NS1089024
About this property
The property at a glance
SUBJECT LISTING ENTAILS THREE PARCELS FOR SALE WITH AN "RDD4 ZONING" THAT ALLOWS FOR MIXED USE APPLICATIONS SUCH AS BUSINESS STORAGE FACILITIES, OFFICE USE AND RETAIL-SHOP USES. THE 115 MICHIGAN AVENUE STRUCTURE IS A 2,480 SF WAREHOUSE FACILITY THAT CAN ACCOMODATE REPAIR TYPE, WORK-SHOP/ STUDIO AND DISTRIBUTION TYPE FACILITIES. THE 117 MICHIGAN AVENUE STRUCTURE (FORMER APARTMENT & SERVICE SHOP) HAS BEEN CONDEMNED BY THE CITY OF DAYTONA BEACH AND IS READY TO BE RAZED TO ADD NECESSARY PARKING TO SERVICE THE 115 PARCEL FOR BUSINESS USE. THE 119 MICHIGAN AVENUE PARCEL IS CURRENTLY USED AS STORAGE, BOTH WITHIN THE 900 SF EXISTING STRUCTURE THERE AS WELL AS WITHIN THE PARCEL'S BOUNDARY AND PERIMETER.
2,480
Building sq ft
$342
Price / sq ft
0.27
Lot acres
1927
Year built
2
Buildings
COMMERCIAL
Zoning
Warehouse
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$4,364/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 Leliana 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
36,984
Population
$39,906
Median income
32.2
Median age
2.1
Avg household
$174,900
Median home value
$1,171/mo
Median rent
3,080
Households w/ kids
Recent sales
What actually sold near 115-119 MICHIGAN AVENUE
The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.
$23,100
242 STATE AVENUE
Sold Feb 18, 2025
$25,800
244 STATE AVENUE
Sold Jun 26, 2025
$340,000
1725 S NOVA ROAD UNIT D4 & D5
2,808 sqft · $121/sqft · Sold Mar 25, 2026
Your team
The pros in your corner
Your agent
Leliana Vazquez
REALTOR® · CENTURY 21 Edge
Tours, offers, and every question about 115-119 MICHIGAN AVENUE — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for 115-119 MICHIGAN AVENUE.
See it in person
Schedule a tour
Live availability from Leliana's calendar — pick a time and it's booked.
Keep looking
Similar properties nearby
Listing courtesy of SALTY CITY REALTY · Pete Klironomos. MLS #NS1089024.
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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