304 Highway A1A - Auto Repair FOR SALE


Satellite Beach, FL 32937
$995,000 USD
321-213-2263
304 Highway A1A, Satellite Beach, FL for Sale
$995,000 USD
Auto Repair - FOR SALE
1/17
null | Request Cap Rate

304 Highway A1A
Satellite Beach, FL 32937


HIGHLIGHTS

  • BU-A ZONING , HIGH TRAFFIC LOCATION
  • .68 ACRES OCEAN VIEW AT 20 FT AND HIGHER ELEVATIONS

OVERVIEW

HUGE PRICE REDUCTION TAKEN!!!! POSSIBLE SELLER FINANCING AVAILABLE This prime location is zoned BU-1, is perfectly positioned to capture the booming Space Coast economy and tourist traffic. Nearby Port Canaveral is the busiest cruise ship location in the world with a 6.1 Billion dollar impact in 2023 (up 57% since 2018) With 28,000+ cars passing daily, envision a thriving business catering to high-tech employees from companies like Lockheed Martin, Boeing, L3Harris, and Northrop Grumman, alongside space industry leaders such as Space Force, Space X and Blue Origins.and the huge tourism industry featuring the #1 Port Canaveral right up the street.. Permitted uses include retail stores, professional offices, hotels, and motels. Satellite Beach boasts an average household income of $110,000+ and a thriving tourism industry, ensuring a strong customer base. Environmental studies have already been done on the property. Site assessment report SAR completed and NFAP (No Further Action Proposed) completed. Reports available upon request.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$188 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

BU-1, County

APN/PARCEL ID

26-37-23-00-00767.0-0000.00

ASK ABOUT THIS PROPERTY

Jeff PorterDenovo RealtyMore Info
321-213-2263

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Jeff PorterDenovo RealtyMore Info
321-213-2263

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