CENTURY 21 Edge
✦ Restaurant

Commercial Sale · Restaurant

$895,000$1,645,0002,571 sq ft$348 /sq ft1 acres

1001 CANAL STREET, NEW SMYRNA BEACH, FL, 32168

Active73 days on marketListed Aug 26, 2026MLS #NS1089085

About this property

The property at a glance

Reduced Price Only for Land & Buildings New Smyrna Beach, Business District Route 44 East Canal Street Location of an Existing Buildings with an .62 Acre of land. with an additional negotiable opportunity for established Turnkey Restaurant Business Name, Recipes, Training Support & Customer Goodwill Acquire a thriving, ongoing day-to-day business complete with the established name, proven recipes, employee training support, and loyal customer goodwill. This is not a startup—you’re stepping into an already-operating enterprise with momentum and a ready customer base. Proof of concept for a Puerto Rico Kitchen. The business is housed on a well-positioned 0.62-acre commercial site improved with two freestanding buildings totaling approximately 1,845 square feet, giving you both immediate functionality and clear room to expand. Ready-to-Operate Kitchen & Dining. The primary single-story building (originally constructed in 1925 with a substantial addition around 1990) features a full-service commercial kitchen fully equipped with professional-grade appliances and fixtures, including a 10-foot ventilation hood, fryers, ovens, prep stations, and refrigeration units—plus an indoor dining area and a single ADA-compliant restroom. Everything needed to continue serving customers is already in place. Support Building for Outdoor Dining & Storage A detached, climate-controlled secondary building provides additional storage and includes a second restroom specifically intended to support outdoor dining operations, adding valuable flexibility for higher-volume service or patio expansion. Additional Parcel opportunity Expansion & Parking Potential as a vacant corner land parcel 1005 Canal Street -of .46 of an acres is ideal for additional parking, outdoor seating, a patio concept, or future building expansion giving the business a clear growth runway without the need to relocate. This rare combination of an established operating business and functional commercial real estate delivers both cash-flow continuity and long-term upside. All information contained herein is believed to be accurate but is not guaranteed and is subject to errors, omissions, changes, withdrawal, or prior sale. Buyer and/or Buyer’s agent is responsible for independently verifying all information, including but not limited to square footage, zoning, permitted uses, licenses, permits, equipment, financial information, lease terms, operating expenses, and other property or business details. Any financial or business information provided is for informational purposes only and should not be relied upon as a guarantee or representation of future performance. Buyer should conduct their own due diligence and consult appropriate legal, financial, tax, zoning, and other professionals before entering into a transaction.

2,571

Building sq ft

$348

Price / sq ft

1

Lot acres

1925

Year built

2

Buildings

Restaurant

Property type

Building size2,571 sq ft
Lot size1 acres
Year built1925
Buildings2
ConstructionOther · Wood Frame
CoolingCentral Air · Mini-Split Unit(s)
Annual taxes$5,357

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)

Down payment25% · $223,750
Interest rate7.50%
Loan term

Estimated payment

$5,300/mo

Principal & interest$4,693
Property taxes (actual bill)$446
Est. insurance$160

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 Kevin to connect you with a commercial lender for real numbers.

Your team

The pros in your corner

Kevin Johnson

Your agent

Kevin Johnson

CEO & Managing Broker · CENTURY 21 Edge

Tours, offers, and every question about 1001 CANAL STREET — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1001 CANAL STREET.

See it in person

Schedule a tour

Live availability from Kevin's calendar — pick a time and it's booked.

Listing courtesy of BEACHSIDE REALTY OF VOLUSIA · Lori Schmerler. MLS #NS1089085.

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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