226-234 King St - Storefront FOR SALE


Cocoa, FL 32922
$2,500,000 USD
321-863-3226
226-234 King St, Cocoa, FL for Sale
$2,500,000 USD
Storefront - FOR SALE
1/3
null | Request Cap Rate

226-234 King St
Cocoa, FL 32922


HIGHLIGHTS

  • Immediate Value Add
  • Prime Cocoa Village Location
  • High Visibility

OVERVIEW

This outstanding property presents a compelling value-add opportunity for retail and street retail investors. With most tenants' leases expiring in 2026, there is significant upside potential for reletting spaces, enhancing rents, or even redevelopment. The building currently accommodates a mix of retail and office tenants, with the added benefit of high ceilings in select units. Featuring 14 bottom floor retail units and 1 residential apartment unit on the second floor, this property offers a versatile layout that can be leveraged for enhanced profitability and growth. Don't miss the chance to capitalize on this value-add opportunity and unlock the full potential of this prime retail investment. Nestled in the vibrant downtown area of Cocoa Village, "the property" enjoys prime exposure and exceptional accessibility. Situated on the route to and from Merritt Island, the area experiences robust traffic counts, making it an ideal location for retail and street retail investors. With direct frontage to the two busiest roads connecting the barrier island/Cocoa Beach to the mainland—Willard Street and King Street—the building offers unparalleled visibility and access. Set on a city block at the heart of both major roads, this property presents an outstanding opportunity for retail and street retail investment, benefitting from its strategic positioning in this dynamic and sought-after community. Highlights - 25,207 SF building - 15 units

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$86 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cocoa Village Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,000 SF

ZONING

CBD,Cocoa

APN/PARCEL ID

24-36-33-35-00000.0-0002.01

ASK ABOUT THIS PROPERTY

Robert BecknerLightle Beckner Robison, Inc.More Info
321-863-3226

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Robert BecknerLightle Beckner Robison, Inc.More Info
321-863-3226

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.