For Sale
$2,400,000

117 Hughlett Ave Cocoa, FL 32922

Prime Cocoa Village location, high visibility

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property, located at 117, 127, and 137 Hughlett Avenue in Cocoa, Florida (zip code 32922), presents a rare opportunity for redevelopment or mixed-use development. The property encompasses three units totaling 20,957 square feet on a 30,183 square foot lot (APN: 24-36-33-35-*-4.01), offering significant street frontage on all four sides for maximum visibility. Built in 1956, the concrete structure currently has 70% occupancy across its three units under a gross lease with approximately 1.8 years remaining on the current tenancy. The asking price is $2,400,000, translating to $114.52 per square foot. The property features 40 on-site parking spaces and is zoned Core Commercial (C-C), allowing for a wide range of uses, including retail, restaurants, bars, professional services, recreational facilities, and even hotel/motel development. Situated in the heart of Cocoa Village, a thriving district with over 100 businesses, this property benefits from a walkable, mixed-use environment and strong community support for mixed-use projects. The significant square footage, high visibility, and flexible zoning make this an ideal investment for those seeking to establish a prominent presence in this dynamic and growing community. The property's location at the gateway to Cocoa Village ensures maximum exposure to the high volume of traffic and pedestrian activity. This is a chance to create a landmark destination in one of Brevard County's premier shopping and entertainment districts.

Property Details for 117 Hughlett Ave

Property type
Retail properties
Square Feet
20,957 SF
Class
C
Year Built
1956
Units
3

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.3560234
Longitude
-80.7294225

FAQs

What type of property is this?
Retail property - Prime Cocoa Village location, high visibility
Where is the retail property located?
The property is located at 117 Hughlett Ave Cocoa, FL.
What is the asking price?
The asking price for this property is $2,400,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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117 Hughlett Ave
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