95-99 S Plumosa St - Retail FOR SALE


Merritt Island, FL 32952
$1,100,000 USD
321-458-0298
95-99 S Plumosa St, Merritt Island, FL for Sale
$1,100,000 USD
Retail - FOR SALE
1/46
null | 8.29% Cap Rate

95-99 S Plumosa St
Merritt Island, FL 32952


HIGHLIGHTS

  • Exceptional visibility directly off highly traveled Highway 520.
  • Two separate units with the flexibility to combine into one larger business space.
  • Industrial, Retail, or Warehouse.

OVERVIEW

Prime Merritt Island commercial opportunity with exceptional visibility directly off highly traveled Highway 520! This solid metal-frame and concrete block building offers two separate units with the flexibility to combine into one larger business space. Property features multiple roll-up garage doors, circular driveway for easy customer access, fenced rear yard, and upstairs loft storage. One unit has been fully remodeled, allowing immediate occupancy while the other offers value-add potential. Zoned BU-2 Retail Store - Multiple Units, making it ideal for retail, service, automotive, contractor trades, or mixed-use operations. Surrounded by established high-traffic businesses for maximum exposure and customer flow. Excellent opportunity for owner-users or investors seeking a versatile commercial asset in a high-demand corridor. Cap rate is based off leasing both units at $3,800 a month. With updates to the North side market rent can be higher resulting in a lower cap rate.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

8.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

undefined, Freestanding, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

BU2

APN/PARCEL ID

24-36-35-02-00000.0-0022.00

ASK ABOUT THIS PROPERTY

Kayla AdamsonReal Broker, LLCMore Info
321-458-0298

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Kayla AdamsonReal Broker, LLCMore Info
321-458-0298

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