Property summary
This exceptional retail opportunity encompasses 5,865 square feet of vacant space within a larger 21,376 square foot multi-tenant building situated at 2959 Garden Street in Titusville, Florida. The property boasts a highly desirable location directly on Highway 50/Garden Street, a key retail corridor in Northwest Titusville. Its strategic placement ensures maximum visibility and accessibility for potential customers. The building, constructed in 1966, benefits from its proximity to a newly expanded Publix Shopping Center (St. Johns Plaza) and a Walgreens, creating a synergistic retail environment with strong anchor tenants. This prime location offers significant foot traffic and exposure to a substantial customer base. The property sits on a 2.67-acre lot and is zoned RC. The building itself features two suites in total, with the available space representing a significant portion of the building's total square footage. While there are no elevators, the storefront configuration is ideal for a variety of retail uses. The minimum divisible space is 5,865 square feet, making it suitable for a single large tenant or potentially divisible for smaller businesses (subject to lease terms). This presents a rare chance to establish a thriving business in a high-demand retail area.
Property profile
VerifiedCap rate & NOI
Current use
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Building Supply Hardware & Home Improvement
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Locksmith (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Titusville market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RC · Titusville, FLThe Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Regional Commercial (RC) district is intended to provide for intensive, highly automotive oriented uses that require an accessible location along thoroughfares designated as arterials in the comprehensive plan and th…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Titusville, FL.
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