Turnkey Asian Grocery
3012 W New Haven Avenue Melbourne, FL 32904
3012 W New Haven Avenue, Melbourne, FL, 32904
Contact for pricing
For Sale
Contact for pricing
Turnkey grocery operation with organized shelving and an established selection of Asian foods and specialty household items.
Property Size7,500 SF
Price / SF$226.67
Days on Market16
Property Features for 3012 W New Haven Avenue
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2000
Listing agency
Blue Marlin Real Estate
Listed by
Chau Nguyen
Source
Crexi
Added: Jul 7 Updated: Jul 21 at 2:20PM Checked: Jul 21 at 2:20PM
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 Blue Marlin Real Estate
Investment Insights
Based on property information with market context.
This well-established Asian grocery store is offered as a turnkey operation. The store features organized shelving and ample inventory, supporting a wide selection of authentic products including fresh produce, seafood, meats, frozen foods, rice, noodles, sauces, spices, snacks, beverages, and specialty household items.
The property is described as being conveniently located in a high-traffic area with a loyal customer base.
Offered for sale, the business is positioned as an owner-operator or investor opportunity for entering the international food market, with the sale including the turnkey operating setup described in the remarks.
The property is described as being conveniently located in a high-traffic area with a loyal customer base.
Offered for sale, the business is positioned as an owner-operator or investor opportunity for entering the international food market, with the sale including the turnkey operating setup described in the remarks.
Key Highlights
- Asian grocery store business with YearBuilt 2000
- Wide selection of authentic Asian foods including fresh produce, seafood, meats, and frozen foods
- Includes pantry items such as rice, noodles, sauces, spices, snacks, beverages, and specialty household items
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 | $144.0k | $19.20 |
| − Vacancy | −$10.8k | −$1.44 |
| EGI | $133.2k | $17.76 |
| − OpEx | −$33.3k | −$4.44 |
| NOI | $99.9k | $13.32 |
7,500 SF · lease $19.20/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $99,900 @ 7.0% cap · market cap 5.88%
Second Best
Retail
$1.24M
$1.08M – $1.44M
NOI $86,468 @ 7.0% cap · market cap 5.09%
Theoretical Best
Office A
$1.98M
$1.73M – $2.31M
NOI $138,510 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Vina Market
Grocery & Convenience Store
Similar For Sale Nearby
FAQs
What type of property is this?
Grocery and convenience store - Turnkey grocery operation with organized shelving and an established selection of Asian foods and specialty household items.
Where is this grocery and convenience store located?
The property is located at 3012 W New Haven Avenue Melbourne, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Asian grocery store business with YearBuilt 2000; Wide selection of authentic Asian foods including fresh produce, seafood, meats, and frozen foods; Includes pantry items such as rice, noodles, sauces, spices, snacks, beverages, and specialty household items
