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.
Listing ID955942
Price$3,150,000
StatusActive
Acres
3.430
CountyBrevard
Year Built1980
Property TypeCommercial Sale
Property Sub TypeBusiness
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
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
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.