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Freestanding Convenience Store
For Sale
Contact for pricing
Pending

245 N Banana River Drive, Merritt Island, FL 32952

One-story commercial building with updated refrigeration, electrical, roofing, and ceiling components.

Property SizeContact for details
Days on Market143

Property Features for 245 N Banana River Drive

General Information

Standard status Pending
Property subtype Special Purpose
Listing Agency: Coldwell Banker Paradise Indialantic
Listed By: Sylvia Cooney PA · License #FL
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 1 at 5:37AM

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 Coldwell Banker Paradise Indialantic

Investment Insights

Based on property information with market context.

This freestanding, one-story convenience store occupies a quarter-acre (.25-acre) lot on North Banana River Drive. Recent property improvements include a new walk-in cooler condenser, new cables, an electrical panel, a rooftop hood system, and select replacement ceiling tiles. A detailed inventory sheet is available for review.

The property is positioned along North Banana River Drive near the Merritt Island Causeway and within walking distance of a condominium building. Its existing commercial layout and equipment-related improvements support continued convenience-store operations.

Key Highlights

  • Freestanding one‑story commercial building
  • Quarter‑acre (.25‑acre) lot
  • New condenser serving the walk‑in cooler

Property Analytics

Current Use

Stop & Go Discount ... Grocery & Convenience Store

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Nail Salon (Bike/Boat/Book/etc) Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

255
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 81% Shops & Services 18% Dining 1%
Walmart Superstores
100,819 visits/mo 0.2 miles
7-Eleven Shops & Services
7,311 visits/mo 0.4 miles
BP Shops & Services
5,727 visits/mo 0.2 miles
Tesla Motors Shops & Services
2,956 visits/mo 0.4 miles
Chevron Shops & Services
2,772 visits/mo 0.4 miles

Demographics for 32952, FL

20,670
Population
10,108
Households
2
Avg Household Size
52
Median Age
45%
College-Educated
96%
High-School Grad
12.3 sq mi
ZIP Area
1,680
Density / Sq Mi
$98,651
Median Household Income
$53,478
Median Earnings
$1,353
Median Rent
$404,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - One-story commercial building with updated refrigeration, electrical, roofing, and ceiling components.
Where is this grocery and convenience store located?
The property is located at 245 N Banana River Drive Merritt Island, FL.
What are key features of this property?
This property features: Freestanding one‑story commercial building; Quarter‑acre (.25‑acre) lot; New condenser serving the walk‑in cooler
More about this property
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