Views - Lease to Own
Address
4260 S Washington Avenue, Titusville, FL
Price
$ 1,500,000
Property Attributes
  • MLS#978478
  • TypeCommercial
  • CountyBREVARD
  • CityTitusville
  • AreaSR50
  • NeighborhoodIndian River City Delespine Grant
  • Zip32780
  • StyleBusiness
  • Year Built1984
  • Taxes$ 9671
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage6090
  • Lot Size1.05 Acres
Data Source:
Space Coast AOR
Property Description

Discover an exceptional opportunity in the heart of Titusville, part of the vibrant Palm Bay, Melbourne, Titusville MSA. This mixed-use commercial property boasts a prime location with 200 feet of frontage along bustling US1, which sees an average of 28,000 cars passing by each day. The property features a well-maintained 3,150 square feet of office and warehouse space, thoughtfully divided into three separate bays, offering versatile usage options. Upstairs, you'll find a beautifully remodeled 2-bedroom, 2-bathroom apartment, complete with a balcony deck that provides stunning, unobstructed views of the Indian River and NASA's Vehicle Assembly Building (VAB). Additionally, this property includes a detached 1,800 square foot warehouse that offers two separate bays, four convenient roll-up doors, and frontage along Mt. Vernon Ave. It is zoned Indian River City Commercial, opening the door to various business opportunities. For those interested in the towing industry, the operational towing business is also available for purchase at an additional cost. The entire property is fenced, providing security and peace of mind. This versatile space is ideal for a range of businesses, including contractors, fabrication shops, light manufacturing, towing companies, and auto sales/repairs. It's worth noting that the Space Coast is experiencing a booming period of new developments and industrial growth, making this property a strategic investment opportunity in a high-demand area. Don't miss your chance to be part of the thriving Space Coast community and explore the endless potential this property offers. Ranked as the #1 place to live in Florida by U.S. News & World Report, Florida's Space Coast is your giant leap to possibilities. The Space Coast offers the right operating climate by combining low operating costs, aggressive and targeted incentives, and a coveted workforce. It is where quality of life soars among a strong diversified economy. A place where space exploration is in our history, but also in our future, while over 500 manufacturers produce and imagine the impossible. Take one small step for your giant leap and explore the possibilities on Florida's Space Coast. Most highly concentrated high-tech economy in Florida - Milken Institute, 2019. Second highest performing large city in the U.S. - Milken Institute, 2021 Third best wage growth in the U.S. - Milken Institute, 2021 Top Business Location of Large Workforce States Florida ranks #4 in the State Tax Climate Index, surpassed only by Alaska, Wyoming and South Dakota. The State Business Tax Climate Index compares corporate income, individual income, sales, unemployment insurance and property taxes. -2022 State Business Tax Climate Index, The Tax Foundation. Ideal Tax Structure RANKED #1 Tax Climate Tax Climate Florida has the #1 Tax Climate in the Southeast for Business - The Tax Foundation, 2018

Price History
10/23/2023 Listed $2,500,000
12/7/2023 1% - $2,499,000
12/29/2023 24% - $1,900,000
1/1/2024 6% - $1,800,000
2/5/2024 12% - $1,600,000
5/15/2024 7% - $1,500,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s),Electric,Wall/Window Unit(s)
Utilities Cable Available,Electricity Connected,Natural Gas Available,Sewer Connected,Water Connected
Possession Close Of Escrow
Roof Metal
Security Features Smoke Detector(s)
Construction Materials Concrete,Stucco
Year Built 1984
Electric 100 Amp Service,220 Volts
Property SubType Business
Tax Year 2023
Current Use Commercial
County Brevard
Property Type Commercial Sale
HOA / Comm Assn No
Attached Garage No
Subdivision Name Indian River City Delespine Grant
Building Features Storage,Fenced,Laundry,Meeting Room,Outside Storage,Overhead Doors,Private Restroom,Rear Access,Separate Office Area
Status Active
Directions US1 N of Hwy 50,Property is on the left hand side just N of Coquina Ave.
City Titusville
View Y/N No
Senior Community Y/N No
MLS Area 103 - Titusville Garden - SR50
Lot Size Units Acres
Lot Size Square Feet 45738.0
Waterfront Y/N No
Land Lease Y/N No
Tax Annual Amount 9671.55
Home Warranty Y/N No
Lease Renewal Y/N No
MLS Area Minor 103 - Titusville Garden - SR50
Additional Parcels Y/N No
Lease Considered Y/N No
Virtual Tour https://www.propertypanorama.com/instaview/spc/978478
Standard Status Active
MobileHomeRemainsYN No
Legal Description INDIAN RIVER CITY DELESPINE GRANT LOTS 2,3,4 BLK 3 W OF US HWY 1 EX S 1 FT OF LOT 4,ORB 1021 PG 246

Interior Features

Flooring Laminate,Vinyl,Other
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Electric On Property Y/N No
Total Baths 5

Exterior Features

Parking Features Additional Parking,Parking Lot,RV Access/Parking
Lot Features Cleared,Uplands
Water Source Public
Inclusions {u'Building & Land': True}
Lot Size Area 1.05
Spa No
Lot Size Acres 1.05
Crops Included Y/N No
Open Parking Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 32780

Price
AVG $750K
$1.5M
Taxes
AVG $4,136
$9,671
Visits
AVG 96
117
Data Provided by Inside Real Estate®
Year Built
AVG 1966
1984

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