1540 Washington 1540 Ave Titusville, FL 32780

Property Details for 1540 Washington 1540 Ave

Year built

1961

Lot size

0.29 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a rare chance to acquire Wade's Motor Inn, a charming mid-century modern roadside motor inn nestled in historic Titusville, Florida. Ideally situated at 1540 S Washington Avenue, this property boasts a prime location, serving as a gateway between the natural beauty of the area and the excitement of the space coast. The inn features eleven efficiently designed guest rooms, each equipped with tile flooring, a kitchenette, a queen-sized bed, a television, and a private ensuite bathroom. Three distinct floor plans offer variety: seven units at 225 square feet, three units at 265 square feet, and one unit at 257 square feet. Adding to the appeal is a spacious manager's apartment exceeding 600 square feet, complete with a private entrance to an office. A private, fenced courtyard measuring approximately 10x32 feet provides a tranquil retreat, enhanced by a covered patio with brick pavers and a pergola featuring cafe lights and tropical landscaping. The property also includes a vintage porte cochere for guest convenience, two additional storage buildings, and a full onsite laundry room with coin-operated machines. The 0.29-acre lot ensures ample space for guests and operations. Its strategic location offers easy access to local attractions, including rocket launches, Playalinda Beach, cruise ports, and amusement parks, making it an attractive destination for both local and traveling guests. This turnkey operation presents a strong potential for significant return on investment.

Location Insight

City

Titusville

County

Brevard

State

Florida

Longitude

-80.8057

Latitude

28.5958