2690 Hopkins Ave Titusville, FL 32780

Property Details for 2690 Hopkins Ave

Year built

1964

Lot size

0.95 lot acres

Property size

10,059 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a thriving 10,059 square foot multi-tenant retail plaza situated on a 0.95-acre lot at the bustling intersection of S. Hopkins Avenue and Harrison Street in Titusville, Florida. The property, known as Rivertowne Plaza, comprises two buildings constructed in 1964 and extensively renovated in 2021. The plaza boasts five units with a diverse tenant mix including a Pizza Hut, Atlantic Hearing & Balance Center, a family martial arts center, a gun and rifle store, and a long-established auto repair business operating for over a decade. This well-maintained brick building benefits from a history of reliable, long-term tenants, although some leases are expiring in 2024, presenting a valuable opportunity for added value. Key improvements include new trusses installed in 1989 and a new roof in 2015. The property is zoned CC and offers significant potential for growth, given its prime location behind Titus Landing and across from Parrish Healthcare, ensuring high visibility and consistent foot traffic. The asking price is $1,800,000, translating to $178.94 per square foot. This is a rare chance to acquire a successful retail property in a strategic location with a proven track record and substantial upside potential.

Location Insight

City

Titusville

County

Brevard

State

Florida

Longitude

-80.8062

Latitude

28.5846