000 Confidential St Palm Bay, FL 32905
- Retail properties
- 5,202 SF
- 1.21 lot acres
Current Use by Public Records
- Retail properties
Property Details for 000 Confidential St
- Year built
- 1982
- Lot size
- 1.21 lot acres
- Property size
- 5,202 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fully operational restaurant presents a unique owner-user investment opportunity. Located in Palm Bay, Florida, this 5,202 square foot free-standing building sits on a 1.2-acre lot with 250 feet of frontage on a major traffic corridor boasting over 33,000 vehicles daily. The property includes 76 parking spaces, ensuring convenient access for patrons. Inside, the restaurant boasts a seating capacity exceeding 250, encompassing a main dining room (194 seats) and a separate banquet room (60 seats). All cooking equipment, coolers, catering trucks, a smoker trailer, furniture, and fixtures are included in the sale price of $1,495,000 ($287.39/sq ft). The building, constructed in 1982, is zoned CC and benefits from a strong local following and reliable staff. The area demographics are favorable, with over 60,000 residents within 3 miles and 90,000 within a 10-minute drive, exhibiting an average household income of $62,000. Major retailers such as Walmart, Publix, McDonald's, and others are in close proximity. Palm Bay's strategic location on Florida's east central coast, midway between Jacksonville and Miami, offers easy access to I-95 (exits 173 and 176), Melbourne and Orlando International Airports, and Port Canaveral. The area also provides numerous quality-of-life amenities, including abundant recreational opportunities and educational institutions. This turnkey operation is ready for a new owner to continue its success.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palm Bay
- County
- Brevard
- State
- Florida
- Longitude
- -80.6054
- Latitude
- 28.0348
