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Space Coast Prime Frontage Retail Sale/Lease 1552 W King St 7,286 SF Retail Building Cocoa, FL 32926 $2,500,000 ($343.12/SF)



Investment Highlights
- Highly visible frontage retail building on SR-520 (King Street) 2 entry/exit points for easy customer access, minutes from I-95 and US Highway 1.
- Centrally located in Brevard County near Kennedy Space Center (KSC), Cocoa Village, Merritt Island, and major Space Coast destinations.
- Xtra large Commercial Kitchen area with hoods/grease trap, 2 medium walk in coolers, 1 Xtra Large Walk In
- Equipped for near immediate restaurant operation open, minimizing downtime and maximizing your return on investment.
- The prior occupant was an iconic family-owned BBQ restaurant in Brevard for 40 years.
- Loading Dock into storage adjacent to Kitchen. Newer Furniture 2022
Executive Summary
Bring Your Vision to Florida's Space Coast with this single building retail location for retail development, restaurant, small grocery, medical with 2 entry/exit points on the frontage access for customers. Previously a local iconic BBQ restaurant serving breakfast lunch and dinner. Growing Space Coast area where people enjoy food. 1.37 acres with ample parking and generous 7,286 SF of building space for abundant seating space located on major thoroughfare with high traffic and easy access for clients. 2 medium walkin coolers and 1 Xtra large. 4 HVAC. Large monument signage with marquee. Excellent seating remodeled in 2022. A separate meeting, enternainment or event room. Zoned BU-2. Call listing agent for showing. Real Estate only sale. Assets negotiable. Business is closed due to death of owner. Probate complete. Sale or Lease negotiable terms.
Central Brevard County is Cocoa in the Heart of the Space Coast. Situated along major thoroughfare (SR-520) also known as King St that is 2.5 miles from I-95 and 1.5 miles to US Highway 1 and the only larger sit down restaurant on this stretch capturing that clientele that desire service infrastructure. High density residential development in process near by and new luxury apartment complex. Travelers and locals alike location. Close to Kennedy Space Center and minutes from Cocoa Village, Merritt Island, Cocoa Beach, Melbourne, Viera and Titusville. 45 minutes from Orlando Airport and 30 minutes to Melbourne Airport.Approximately 1 hour to Disney parks. Increasing residential development in the area to support this tech corridor of Florida.
Central Brevard County is Cocoa in the Heart of the Space Coast. Situated along major thoroughfare (SR-520) also known as King St that is 2.5 miles from I-95 and 1.5 miles to US Highway 1 and the only larger sit down restaurant on this stretch capturing that clientele that desire service infrastructure. High density residential development in process near by and new luxury apartment complex. Travelers and locals alike location. Close to Kennedy Space Center and minutes from Cocoa Village, Merritt Island, Cocoa Beach, Melbourne, Viera and Titusville. 45 minutes from Orlando Airport and 30 minutes to Melbourne Airport.Approximately 1 hour to Disney parks. Increasing residential development in the area to support this tech corridor of Florida.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
7,286 SF
Building Class
C
Year Built/Renovated
1980/2007
Price
$2,500,000
Price Per SF
$343.12
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.12
Lot Size
1.37 AC
Zoning
BU-2 - Special Business District -Retail, warehousing and wholesale commercial
Parking
84 Spaces (11.53 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Monument Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Lease or Sale options considered - make offer - terms negotiable
| Space | Size | Space Use | Position | Available |
| 1st Floor | 7,286 SF | Retail | - | Now |
1st Floor
| Size |
| 7,286 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 7,286 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Lease or Sale options considered - make offer - terms negotiable
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 24-36-31-00-00076.0-0000.00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $745,450 |
Property Taxes
Parcel Number
24-36-31-00-00076.0-0000.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$745,450
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Space Coast Prime Frontage Retail Sale/Lease | 1552 W King St
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