Active
$3,150,000
Price
3.430
Acres
955942
Listing ID

3420 N Courtenay Parkway

Merritt Island, Florida FL32953

A great investment opportunity that would cost much more than the selling price to duplicate. Hard to find mini-warehousing, storage, & retail, space centrally located in Merritt Island & minutes from Port Canaveral & Kennedy Space Center, within one mile of SR 528 Beachline. Concrete block construction, engineered wood roof trusses, fire walls, drywall partitioned, most units with separate electric service, on site management, security lighting, month to month leases, 3 driveway entrances, shared retention pond, 3+ acres of land, 8ft & 10ft high doors, five buildings, 100 % occupancy with backlog on waiting list. Small business tax receipts allowed; plenty of open area for additional vehicle storage & rental income, seller financing with sufficient down and excellent credit.

About This Property

Listing ID955942
Price$3,150,000
StatusActive
Acres 3.430
CountyBrevard
Year Built1980
Property TypeCommercial Sale
Property Sub TypeBusiness
County Brevard
Property Sub Type Business
Property Type Commercial Sale
Year Built 1980
Directions From SR 528 Beachline exit SR3 N. Courtenay Pkwy. head north over barge canal to 3420 N. Courtenay Pkwy.
General Property Information Building Area Total 27700
MLS Area Major 250 - N Merritt Island
MLS Area Minor 250 - N Merritt Island
Gross Scheduled Income 195000
Inclusions 1
Income and Expenses Gross Scheduled Income 195000
Income and Expenses Insurance Expense 5000
Income and Expenses Manager Expense 10000
Income and Expenses Net Operating Income 155000
Income and Expenses New Taxes Expense 16500
Income and Expenses Other Expense 1200
Income and Expenses Supplies Expense 500
Income and Expenses Trash Expense 2400
Insurance Expense 5000
Listing Terms Cash, Conventional, Lease Option, Private Financing Available
Manager Expense 10000
Net Operating Income 155000
New Taxes Expense 16500
Other Expense 1200
Possession Close Of Escrow
Special Listing Conditions Corporate Owned, Owner Licensed RE, County Jurisdiction, Presently Leased, Use Conforms to Zone
Supplies Expense 500
Tax Annual Amount 17253.7
Tax Year 2022
Trash Expense 2400
Building Features Storage, Clear Span, Manager on Premise, Overhead Doors
Building Features Clear Ceiling Height 27700
Cooling no
Cooling Type None, Other
Flooring Carpet
General Property Information Stories Total 1
Heating no
Heating Type None, Other
Living Area 27700
Stories Total 1
Construction Materials Block, Concrete
Electric 100 Amp Service, 220 Volts
General Property Information Lot Size Acres 3.43
General Property Information Number Of Units Total 69
Lot Size Area 3.43
Lot Size Square Feet 149410.8
Lot Size Units Acres
Number Of Units Total 69
Roof Wood Truss/Raft
Sewer Public Sewer
Utilities Cable Available, Other
Water Source Public
Current Use Commercial, Industrial
General Property Information Property Use C-MINI-WAREHOUSING (4810)
General Property Information Use Code 48 / WAREHOUSING, DISTRIBUTION TERMINALS
Historical Information Public Historical Remarks 3 Frontage Description: State Road, Expenses-Utilities: 2400, Expenses-Janitorial Service: 1200, Expenses-Accounting & Legal: 800, Legal/Misc-Home Warranty: No, Legal/Misc-Free and Clear: Yes
Mls Status Active
Remarks and Miscellaneous Public Remarks A great investment opportunity that would cost much more than the selling price to duplicate. Hard to find mini-warehousing, storage, & retail, space centrally located in Merritt Island & minutes from Port Canaveral & Kennedy Space Center, within one mile of SR 528 Beachline. Concrete block construction, engineered wood roof trusses, fire walls, drywall partitioned, most units with separate electric service, on site management, security lighting, month to month leases, 3 driveway entrances, shared retention pond, 3+ acres of land, 8ft & 10ft high doors, five buildings, 100 % occupancy with backlog on waiting list. Small business tax receipts allowed; plenty of open area for additional vehicle storage & rental income, seller financing with sufficient down and excellent credit.

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