This exceptional Cocoa, Florida commercial property offers a unique investment opportunity. Priced at $1,300,000, this 2.58-acre site boasts a 4,000 square-foot building with four roll-up garage doors, a 16' high steel covered area, and workshop space. The building, constructed in 1986, features three offices, two bathrooms, and has recently undergone significant renovations including new interior walls, drywall, exterior paint, bathrooms, electrical work, and interior framing. Additional improvements include a new septic system and drain field, a paint booth, and a backup generator. The property also includes a milled parking lot and a fenced and gated rear section. The site benefits from direct SR 520 frontage, providing excellent visibility and accessibility. Currently generating over $8,000 in monthly income from multiple tenants, this property presents substantial upside potential. The lot size is 112,384.8 square feet (approximately 2.58 acres), with one parcel measuring 0.69 acres and the other 1.89 acres. Recent improvements include $80,000 invested in asphalt and millings for the yard, and a new 6' chain link fence around a portion of the property with a private entry on a shared driveway. The property is 100% occupied under a net lease. The property's APN is 24-35-36-00-00041.0-0000.00. This is a rare opportunity to acquire a high-income producing property with significant growth potential in a prime location.
Highlights
High-traffic location with excellent visibility.
Ample parking available for tenants and customers.
Modern, well-maintained building with recent upgrades.
Flexible floor plans to accommodate various business needs.
Retail property - High-Income Retail & Land Investment
Where is the retail property located?
The property is located at 2840 King St Cocoa, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: High-traffic location with excellent visibility.; Ample parking available for tenants and customers.; Modern, well-maintained building with recent upgrades.
How can I contact the broker?
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Contacts
Stephen Guidry
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King St Cocoa, FL 32926
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King St Cocoa, FL 32926
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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2840 King St
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