2755 N BANANA RIVER Dr - Flex FOR SALE


Merritt Island, FL 32952
$2,565,000 USD
321-722-0707
2755 N BANANA RIVER Dr, Merritt Island, FL for Sale
$2,565,000 USD
Flex - FOR SALE
1/8
null | Request Cap Rate

2755 N BANANA RIVER Dr
Merritt Island, FL 32952


OVERVIEW

Located less than five minutes from Port Canaveral, this is a fantastic opportunity to acquire two multi-tenant small bay warehouse buildings with office suites and a racquetball court. All tenants are on below-market month-to-month leases, presenting a unique opportunity for an Owner User to occupy the property and collect additional income. For Value Add Investors, there's an opportunity to bring existing tenants to market rents and maximize returns with few competing vacancies in the area. Brevard County's BU-2 zoning allows a wide variety of uses, making this a great location for businesses catering to Port Canaveral. Seller Financing available for qualified buyers. North Building: - 12’ clear height, 10’ x 10’ roll-up doors - 22 warehouse bays, 7 office suites, indoor racquetball court - Shingle Roof approximately 7 years old - 1986 Concrete Block construction South Building: - 16’ clear height, 12’ x 10’ roll-up doors - 5 warehouse bays, shell office space - Metal Roof approximately 5 years old - 1994 Concrete Block Construction Waterfront Land Parcels (2) - Roughly 0.1 acres total fronting the Banana River

FOR SALE DETAILS

PRICE

$2,565,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

22

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.19

LAND SF

51,836

ZONING

BU2

APN/PARCEL ID

24-37-07-CF-0000C.0-0002.00,24-37-07-CF-0000C.0-0004.00

ASK ABOUT THIS PROPERTY

Jeffery RobisonLightle Beckner Robison, Inc.More Info
321-722-0707

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Jeffery RobisonLightle Beckner Robison, Inc.More Info
321-722-0707

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