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5062 N Ocean Shore Blvd 2,000 SF Retail Building Palm Coast, FL 32137 $1,000,000 ($500/SF)
INVESTMENT HIGHLIGHTS
- Exceptional Commercial Opportunity on A1A in the Hammock
- Ample on-site parking with 38 spaces, including ADA-compliant accessibility.
- Energy-efficient foam insulation and recent AC upgrade for reduced operating costs.
- Situated in the Hammock area, a sought-after destination for dining and leisure.
- Versatile two-bay metal building ideal for storage, catering, or operational support.
- Approved for restaurant use with existing infrastructure to accelerate opening timelines.
EXECUTIVE SUMMARY
Exceptional opportunity to establish a restaurant or commercial venture on almost 1 acre of land with excellent visibility and frontage directly on A1A in the Hammock. The property offers 2,000 sq ft of existing enclosed building space and a total of 2,138 sq ft under roof. Foam insulation provides enhanced energy efficiency and improved climate control throughout. The site is approved for restaurant use and includes 38 parking spaces, including 2 handicapped-accessible spaces, ensuring convenient access for customers and staff. A valuable on-site asset is the 30' x 30' two-bay metal building with 2-10 ft doors, ideal for storage, equipment, or operational support. Additional property improvements include a 2-year-old AC system and a roof approximately 10 years old, providing reliable systems and reduced maintenance needs. With prime A1A frontage, strong traffic visibility, ample parking, and key commercial approvals in place, this property represents an outstanding opportunity for restaurant operators, investors, or commercial developers seeking a strategic and versatile coastal location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
1968
Price
$1,000,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.90 AC
Zoning
RC - Residential-Commercial or Residential-Conventional, allowing for medium to high-density housing and commercial business
Parking
38 Spaces (19 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
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5062 N Ocean Shore Blvd
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