3955 Dixie Hwy 1 3955 Hwy Melbourne, FL 32905

Property Details for 3955 Dixie Hwy 1 3955 Hwy

Year built

1990

Lot size

0.69 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located at 3955 NE Dixie Hwy, Melbourne, Florida, presents a lucrative investment opportunity. Situated on a 0.69-acre lot, this established business boasts a thriving gas station and convenience store in the rapidly expanding city of Palm Bay. The convenience store generates strong monthly inside sales averaging approximately $40,000. Fuel sales average 40,000 gallons per month, yielding a profit of 22 cents per gallon. Further enhancing profitability are supplemental income streams from ATM and lottery sales. While the property includes a car wash, it is currently non-operational. This presents a potential avenue for increased revenue with necessary repairs and upgrades. The property is priced at $1,400,000 and offers significant potential for growth and return on investment in a high-demand location. The property's strong sales history and diverse income streams make it an attractive proposition for savvy investors seeking a proven, high-performing commercial asset. The substantial lot size also allows for potential expansion or future development opportunities. This is a turnkey operation ready for a new owner to step in and capitalize on its existing success. Serious inquiries are encouraged to explore this exceptional investment opportunity further.