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Garden Street Office Centre Plaza

1225 Garden St Titusville, FL 32796

1225 Garden St, Titusville, FL, 32796
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For Sale
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Versatile commercial property with office and retail buildings for sale.

Property Size20,000 SF
Lot Size1.14 Acres
Price / SF$164.50
AddedFeb 11, 2025
Days on Market519
Last RefreshMay 12 at 10:38 pm

Property Features for 1225 Garden St

General Information

Standard status
Active
Size
20,000 SF
Lot size
1.14 Acres
Property subtype
Office, Retail

Building Details

Year Built
1986

Listing office Charles A. Von Stein, Inc

Listing date Feb 11, 2025

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Charles A. Von Stein, Inc


Investment Insights

Based on property information with market context.

The Garden Street Office Centre, located at 1225-1231 Garden Street, Titusville, FL, 32796, is a commercial property available for sale. The property includes a total building area of 20,000 square feet situated on a 1.14-acre parcel. It comprises three buildings: a 10,000-square-foot office building and two retail buildings totaling 10,000 square feet. The property is suitable for office or retail use. The plaza has been renovated and features new paint, monument signs, and renovated suites. Its location near major retail tenants and U.S. Highway One provides visibility for businesses. The Garden Street Office Centre is an opportunity for investors.

Key Highlights

  • Prime commercial property with 20,000 sq. ft. total building area on 1.14 acres.
  • Versatile space suitable for office or retail use.
  • Three buildings: a 10,000 sq. ft. office building and two retail buildings totaling 10,000 sq. ft.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $432.0k $21.60
− Vacancy −$69.1k −$3.46
EGI $362.9k $18.14
− OpEx −$90.7k −$4.54
NOI $272.2k $13.61
20,000 SF · lease $21.60/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$3.89M
$3.40M – $4.54M (±1% cap)
NOI $272,160 @ 7.0% cap · market cap 8.27%
Second Best
Retail
$3.29M
$2.88M – $3.84M (±1% cap)
NOI $230,580 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$5.28M
$4.62M – $6.16M (±1% cap)
NOI $369,360 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Windshield Replacement of Titusville Auto Repair Shop Courageous Kicks Taekwondo Sports School Clinebell LLC Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Bakery Locksmith (Bike/Boat/Book/etc) Store Veterinary Clinic Florist (Bike/Boat/Book/etc) Store Carpet & Flooring Store Garden Center Pet Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • St Johns Plaza — 3235 Garden St, Titusville, FL 32796

FAQs

What type of property is this?
Shopping center - Versatile commercial property with office and retail buildings for sale.
Where is this shopping center located?
The property is located at 1225 Garden St Titusville, FL.
What is the asking price?
The asking price for this property is $3,290,000.
What are key features of this property?
This property features: Prime commercial property with **20,000 sq. ft. total building area on 1.14 acres**.; Versatile space suitable for office or retail use.; Three buildings: a **10,000 sq. ft. office building and two retail buildings totaling 10,000 sq. ft.**
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