About this property
Income producing , stand alone building with Multiple Tenants. Fee simple, no Association. Year built 1926. Heated area 10,301 sq ft. Two story building. Street level storefronts are highly desirable retail locales and are occupied by retail and entertainment type tenants. 2nd floor tenants are mostly professional office space or professional services. Urban setting, No green space to maintain. City has large free parking lot immediately adjacent available, so no need to maintain a parking lot. Low operating expenses in relationship to income earned. First floor stays 100% occupied- street level retail with heavy foot traffic in trendy historic district. Tour buses from Port Canaveral bring shoppers from cruise ships varies days per week.
lot size 7405 sq ft (.17 acre) 72 ft frontage on Brevard Ave. 100 ft depth. Central Central Business District. Located in quaint historical district with boutiques, cafes, historic playhouse, riverfront park, and concert pavilion. Property is adjacent to pedestrian park with brick pavers and gazebo which is frequently used for farmer's market, art shows, and concerts. It is easy to keep this building occupied with retail tenants since there is heavy foot traffic in this destination shopping zone. Located in Cocoa Village Redevelopment Area so there may be incentives from the City of Cocoa for redevelopment and exterior façade improvements. Buyer should investigate to their own satisfaction.
Property details
- Property Type
- Improved property
- Building Type
- Freestanding
- Building Size
- 10,301 sqft
- Land Size
- 0.17 acres
- Sewer
- City
- Water
- City
- Zoning
- Commercial mixed use
- Electric
- Yes
- Year Built
- 1926
- Roof
- Flat
- Parking
- city lot
- Construction
- Block And Stucco
Location
- Address
-
401 Brevard Avenue
Cocoa, Florida 32922