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117 Hughlett Ave Cocoa, FL 32922

For Sale
$2,400,000

Prime Cocoa Village location, high visibility

Property size:
20,957 SF

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional commercial property, located at 117, 127, and 137 Hughlett Avenue in Cocoa, Florida (zip code 32922), presents a rare opportunity for redevelopment or mixed-use development. The property encompasses three units totaling 20,957 square feet on a 30,183 square foot lot (APN: 24-36-33-35-*-4.01), offering significant street frontage on all four sides for maximum visibility. Built in 1956, the concrete structure currently has 70% occupancy across its three units under a gross lease with approximately 1.8 years remaining on the current tenancy. The asking price is $2,400,000, translating to $114.52 per square foot. The property features 40 on-site parking spaces and is zoned Core Commercial (C-C), allowing for a wide range of uses, including retail, restaurants, bars, professional services, recreational facilities, and even hotel/motel development. Situated in the heart of Cocoa Village, a thriving district with over 100 businesses, this property benefits from a walkable, mixed-use environment and strong community support for mixed-use projects. The significant square footage, high visibility, and flexible zoning make this an ideal investment for those seeking to establish a prominent presence in this dynamic and growing community. The property's location at the gateway to Cocoa Village ensures maximum exposure to the high volume of traffic and pedestrian activity. This is a chance to create a landmark destination in one of Brevard County's premier shopping and entertainment districts.

Property Features for 117 Hughlett Ave

General Information

Property type
Retail properties
Square Feet
20,957 SF
Class
C

Building Details

Year Built
1956
Units
3

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Procon Consulting LLC ... Business Management Consultant

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cocoa
County
Brevard
State
Florida
Longitude
-80.7294225
Latitude
28.3560234

FAQs

What type of property is this?
Retail property - Prime Cocoa Village location, high visibility
Where is this retail property located?
The property is located at 117 Hughlett Ave Cocoa, FL.
What is the asking price?
The asking price for this property is $2,400,000.
More about this property
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