Neighborhood Convenience Store
For Sale
$360,000
Pending
1570 Tropical Trail, Merritt Island, FL 32953
Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.
Property Size2,880 SF
Lot Size1.00 Acre
Days on Market142
Property Features for 1570 Tropical Trail
General Information
Standard status
Pending
Size
2,880 SF
Lot size
1.00 Acre
Property subtype
Retail
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$3,357
Amenities
3
Tile
Tar Gravel, Membrane
Corner Lot.
Corner.
Building Details
Year Built
1962
Listing Agency:
Florida Homes Rlty. & Mtg. LLC
(321) 616-0796
Listed By:
Barbara Mangone
(321) 616-0796
Source:
Xome
Added: Mar 21
Changed: Aug 8
Last Checked: Aug 9 at 4:57AM
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 Florida Homes Rlty. & Mtg. LLC
Investment Insights
Based on property information with market context.
This commercially zoned building is operating daily as a neighborhood convenience store and totals over 2,600 square feet. The property includes a kitchen setup for hot foods and a gas hook up. An existing office space is currently rented to a tenant for $750 per month.
The sale includes the building situated on approximately one acre at 1570 N Tropical Trail in Merritt Island. The roof requires repair or replacement, and the seller indicates the estimated cost is factored into the sales price.
As presented, the building is positioned for continued convenience retail use, and the seller notes the interior could also be repurposed for other uses such as a restaurant or laundromat, subject to applicable requirements.
The sale includes the building situated on approximately one acre at 1570 N Tropical Trail in Merritt Island. The roof requires repair or replacement, and the seller indicates the estimated cost is factored into the sales price.
As presented, the building is positioned for continued convenience retail use, and the seller notes the interior could also be repurposed for other uses such as a restaurant or laundromat, subject to applicable requirements.
Key Highlights
- Seller financing available.
- Desirable Merritt Island commercial building over 2,600 SF on an acre.
- Corner lot location; exterior includes corner lot designation.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,100
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32953, FL
24,430
Population
11,566
Households
2.1
Avg Household Size
51
Median Age
35%
College-Educated
95%
High-School Grad
39.8 sq mi
ZIP Area
614
Density / Sq Mi
$84,248
Median Household Income
$41,534
Median Earnings
$1,300
Median Rent
$394,300
Median Home Value
Market
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- Target Grocery — 250 Crockett Blvd, Merritt Island, FL 32953
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operational convenience store with hot-food kitchen setup and on-site office tenant generating $750 monthly rent.
Where is this grocery and convenience store located?
The property is located at 1570 Tropical Trail Merritt Island, FL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Seller financing available.; Desirable Merritt Island commercial building over 2,600 SF on an acre.; Corner lot location; exterior includes corner lot designation.
