8490 Hwy Micco, FL 32976
- Retail properties
- 700 SF
Current Use by Public Records
- Retail properties
Property Details for 8490 Hwy
- Year built
- 1920
- Property size
- 700 SF
- Property type
- Retail properties
Description
This exceptional opportunity presents a fully operational cafe and restaurant situated on a picturesque 2-acre lot in Micco, Florida. The 700-square-foot main building, constructed in 1920, boasts a charming interior with seating for eight tables, plus additional porch seating. The property includes all owned equipment, making this a truly turnkey operation. The expansive lot provides ample parking for up to 25 vehicles, accessed via two entrances directly from Highway 1. A significant advantage is the inclusion of a greenhouse/garden, perfect for cultivating fresh produce and herbs, supplementing the restaurant's offerings. The property also features a newer air conditioning system, a newer septic system, and a newer washer and dryer. Adding to the appeal is a bonus second-floor apartment, included in the asking price, complete with a large walk-out porch offering stunning panoramic water views. This unique combination of a thriving business and a desirable residential space presents a rare investment opportunity. The property is offered at $150,000. The existing lease is considered favorable. This is a once-in-a-lifetime chance to acquire a well-established business with significant potential for growth and expansion. The property's location on Highway 1 ensures high visibility and accessibility. The combination of the restaurant, apartment, and ample outdoor space makes this a truly unique and attractive investment.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Micco
- County
- Brevard
- State
- Florida
- Longitude
- -80.4981
- Latitude
- 27.873