For Sale
$550,000

4400 Highway 1Cocoa, FL 32927

Cocoa, FL Retail Property - $550K

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional commercial property, located at 4400 N Highway 1 in Cocoa, Florida (zip code 32927), presents a lucrative investment opportunity. The 16,552.8 square foot lot houses a single-unit retail building constructed in 1991. Currently configured as an automotive repair shop, the property boasts two approximately 10-year-old air conditioning units ensuring a comfortable work environment. A recent upgrade includes a new metal roof, enhancing durability and longevity. The sale includes valuable equipment, such as two lifts, an air compressor, and a DUI recalibration machine with the potential to generate supplemental monthly income of up to $6,000. The property's strategic location benefits from significant ongoing development in the surrounding area, promising increased business opportunities and a growing customer base. Security cameras are also included, providing peace of mind. This turnkey operation is ideal for an astute investor seeking immediate returns and long-term growth potential in a thriving Florida market. The asking price for this complete package is $550,000. Don't miss this chance to capitalize on a prime retail location in a rapidly developing area.

Property Details for 4400 Highway 1

Property type
Retail properties, Land
Year Built
1991
Units
1

Location Insight

City
Cocoa
County
Brevard
State
Florida
Latitude
28.4432613
Longitude
-80.7626276
4400 Highway 1, Cocoa, Florida

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4400 Highway 1
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