2840 King 2840.0 St Cocoa, FL 32926

Property Details for 2840 King 2840.0 St

Year built

1986

Lot size

2.58 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property in Cocoa, Florida, presents a lucrative investment opportunity. The offering encompasses two parcels totaling 2.58 acres with direct frontage on SR 520, ensuring high visibility and accessibility. One parcel measures 0.69 acres, while the other spans 1.89 acres. The property includes an approximately 4,000 square-foot building under air, featuring four roll-up garage doors, providing ample space for various commercial uses. A significant 16-foot high steel-covered structure adds further versatility. Workshop space is also available. A portion of the property is securely enclosed by a fenced and gated area. Recent improvements include approximately $80,000 invested in asphalt and millings to enhance the yard. The main building boasts two bathrooms and three offices, recently renovated with new interior walls, drywall, exterior paint, updated bathrooms, electrical work, and interior framing. Additional features include a paint booth and a backup generator. The property also benefits from a septic system and drain field. A substantial, high and dry milling parking lot is included. A separate office building, equipped with electricity and water, is enclosed by a new 6-foot chain link fence with a private entry on a shared driveway. The property currently generates a monthly income exceeding $8,000, distributed among four tenants: $2,500, $3,500, $1,000, and $1,200 respectively. This presents a strong foundation for immediate returns with significant potential for future income growth.

Location Insight

City

Cocoa

County

Brevard

State

Florida

Longitude

-80.7765

Latitude

28.3568