Convenience Store with
1709 N Harbor City Blvd Melbourne, FL 32935
1709 N Harbor City Blvd, Melbourne, FL, 32935
$1,000,000
Pending
For Sale
$1,000,000
Pending
For sale convenience store operation with lottery, ATM, and post office income plus on-site gas sales.
Property Size2,501 SF
Days on Market92
Property Features for 1709 N Harbor City Blvd
General Information
- Standard status
- Pending
- Size
- 2,501 SF
Listing agency
Dream Realty
(407) 401-3658
Listed by
Ravindra N Thakkar
(407) 401-3658
Source
Exprealty
Added: Apr 21 Updated: Jul 20 at 5:41PM Checked: Jul 20 at 5:41PM
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 Dream Realty
Investment Insights
Based on property information with market context.
This for-sale convenience store business is offered with revenue streams that include lottery income, ATM income, and post office income. The property also includes gas sales as part of the operation, with the remarks describing an arrangement where gas volume is tracked at approximately 18,000 gallons per month and a per-gallon profit figure of 10 cents. The seller notes there is no gas supply contract in place.
The business is located at 1709 N Harbor City Blvd in Melbourne, Florida. The property size is listed as 2,501 square feet.
Per the public remarks, the business is also described as having a separate figure for the inside operation without gas at $45,000 per month, with gas-related results described separately from that inside-only figure.
The business is located at 1709 N Harbor City Blvd in Melbourne, Florida. The property size is listed as 2,501 square feet.
Per the public remarks, the business is also described as having a separate figure for the inside operation without gas at $45,000 per month, with gas-related results described separately from that inside-only figure.
Key Highlights
- Convenience store operation with lottery income plus ATM and post office income streams
- Gas sales included: 28% GP on 18,000 gallons per month
- Profit basis stated at 10‑cent profit plus for gas sales
Local Financial Insights For Specialty Retail
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 | $48.0k | $19.20 |
| − Vacancy | −$3.6k | −$1.44 |
| EGI | $44.4k | $17.76 |
| − OpEx | −$11.1k | −$4.44 |
| NOI | $33.3k | $13.32 |
2,501 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$475.9K
$416.4K – $555.2K
NOI $33,313 @ 7.0% cap · market cap 3.33%
Second Best
Retail
$411.9K
$360.4K – $480.6K
NOI $28,834 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$659.8K
$577.4K – $769.8K
NOI $46,188 @ 7.0% cap · market cap 4.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Boys And Up Clothing ...
Clothing Store
Top Goal Office ...
(Bike/Boat/Book/etc) Store
Total Health & Home ...
Professional Organizer
Chevron
Gas Station
Rocket Coast Handyman
Hardware & Home Improvement
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - For sale convenience store operation with lottery, ATM, and post office income plus on-site gas sales.
Where is this grocery and convenience store located?
The property is located at 1709 N Harbor City Blvd Melbourne, FL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Convenience store operation with lottery income plus ATM and post office income streams; Gas sales included: 28% GP on 18,000 gallons per month; Profit basis stated at 10‑cent profit plus for gas sales
