720 Magnolia StreetNew Smyrna Beach, FL 32168Price: $6,800,000

  • Price: $6,800,000
  • 5 Days on Market
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Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $6,800,000List Price
  • 35,232Square Feet
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

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Est. Mortgage:
$/month over payments
Federal 30-year interest rate: 7.4% last updated on Oct 15, 2026. * The above figures are estimates provided by Union Street Media using the FRED® API, and are not endorsed or certified by the Federal Reserve Bank of St. Louis. Check with your lender for actual interest rates.
Listed by Regina Heustess of KINCAID REALTY (386-420-7800)

Listings courtesy of StellarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 18, 2026 11:30 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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