3955 Dixie Hwy 1 3955 HwyMelbourne, FL 32905

Property Details for 3955 Dixie Hwy 1 3955 Hwy

Year built

1990

Lot size

0.69 AC

Property type

Commercial real estate

Description

This exceptional commercial property, located at 3955 NE Dixie Hwy, Melbourne, Florida, presents a lucrative investment opportunity. Situated on a 0.69-acre lot, this established business boasts a thriving gas station and convenience store in the rapidly expanding city of Palm Bay. The convenience store generates strong monthly inside sales averaging approximately $40,000. Fuel sales average 40,000 gallons per month, yielding a profit of 22 cents per gallon. Further enhancing profitability are supplemental income streams from ATM and lottery sales. While the property includes a car wash, it is currently non-operational. This presents a potential avenue for increased revenue with necessary repairs and upgrades. The property is priced at $1,400,000 and offers significant potential for growth and return on investment in a high-demand location. The property's strong sales history and diverse income streams make it an attractive proposition for savvy investors seeking a proven, high-performing commercial asset. The substantial lot size also allows for potential expansion or future development opportunities. This is a turnkey operation ready for a new owner to step in and capitalize on its existing success. Serious inquiries are encouraged to explore this exceptional investment opportunity further.

Location Insight

City

Melbourne

County

Brevard

State

Florida

Latitude

28.0413

Longitude

-80.5826

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