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370 Banana River Dr Merritt Island, FL 32952

For Sale
$799,000

Established Daycare, Prime Location

Property size:
2,703 SF

Description

Added:
Dec 11, 2024
Days on Market:
365
This exceptional investment opportunity presents a thriving childcare facility and accompanying real estate in Merritt Island, Florida. The property, located at 370 N Banana River Dr, 32952, boasts two buildings totaling 2,703 square feet on over half an acre. Built in 1946, the buildings are situated in a desirable, restricted neighborhood zoned B-1-A, offering significant potential for continued operation and expansion. The substantial 2,703 square feet of air rights further enhances the property's development possibilities. This turnkey business is ideally positioned to serve the growing family community along the intercoastal waterway of Merritt Island, providing a safe and engaging environment for children on the Space Coast. The existing infrastructure and established clientele base create a strong foundation for immediate returns and future growth. This is a rare opportunity to acquire a well-established business with significant real estate assets in a prime location. The property's size and zoning provide flexibility for potential expansion or adaptation to meet evolving market demands. This is an ideal investment for those seeking a stable, high-demand business with considerable long-term growth potential. The property's location in Brevard County, Florida, offers easy access to major roadways and amenities, making it highly attractive to both current and prospective clients. This is a unique opportunity to own a successful business and valuable real estate in a thriving community. The asking price for this exceptional property is $799,000.

Property Features for 370 Banana River Dr

General Information

Property type
Investment properties
Square Feet
2,703 SF

Building Details

Year Built
1946
Buildings
2

HighLights

  • $799,000 asking price for this established childcare business and real estate.
  • Business and building for sale, totaling 2,703 square feet.
  • Two buildings situated on a half‑acre lot in Merritt Island, Florida.
  • Built in 1946, with 2,703 square feet of air rights.
  • Zoned B‑1‑A Restricted Neighborhood.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Bell Oak Academy ... Preschool

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Gym & Fitness Daycare Center Accounting Firm Skin Care Clinic

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

Location Insight

  • Map
  • Local Demand
City
Merritt Island
County
Brevard
State
Florida
Longitude
-80.6663461
Latitude
28.3629863

FAQs

What type of property is this?
Investment property - Established Daycare, Prime Location
Where is this investment property located?
The property is located at 370 Banana River Dr Merritt Island, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: $799,000 asking price for this established childcare business and real estate.; Business and building for sale, totaling 2,703 square feet.; Two buildings situated on a half-acre lot in Merritt Island, Florida.
More about this property
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