Current Use by Public Records
- Investment properties
Property Details for 8490 Hwy
- Year built
- 1920
- Property type
- Investment properties
Description
This exceptional business opportunity presents a well-established cafe restaurant in Micco, Florida, poised for significant growth. Currently operating with lunch and dinner service, this turnkey operation includes all owned equipment and is situated on a two-acre tropical lot with dual access to Highway 1. The restaurant features eight indoor tables and additional porch seating. The property boasts ample parking (25 spaces), a greenhouse/garden for fresh produce, a compost area, and a recently updated septic system, air conditioning, and washer/dryer. A significant advantage is the impending installation of sewer lines, which will allow for expansion to accommodate up to 180 seats, projecting a substantial increase in gross sales to between $140,000 and $180,000 annually. The attractive lease terms are further enhanced by the inclusion of a second-floor owner's apartment, seamlessly integrated into the property's offering. This is a rare opportunity to acquire a thriving business with significant upside potential, driven by planned infrastructure improvements and the existing strong foundation. The owner is motivated to sell due to other commitments, presenting a compelling opportunity for a discerning buyer.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Micco
- County
- Brevard
- State
- Florida
- Longitude
- -80.5126
- Latitude
- 27.8768
