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FL
Merritt Island
32952
1850 Merritt Is Cswy

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FOR SALE

Automotive properties

1850 E Merritt Island Cswy Merritt Island, FL 32952

36,522 SF 6.92 ac lot Built 2003

Entity Owned 3-yr Hold ~ Est. High Equity

Property ID

US18-5939450

$9,998,900 36,522 SF

1850 E Merritt Island Cswy, Merritt Island, FL 32952
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This exceptional commercial property, located at 1850 E Merritt Island Causeway, presents a unique investment opportunity. The listing encompasses the west building, totaling 66,318 square feet, and is zoned BU2. This single-tenant property sits on a substantial 6.92-acre lot (APN: 24-37-31-00-00001.1-0000.00). The building's versatile layout includes approximately 20,000 square feet of high-quality professional and executive office space, ideal for a variety of businesses. In addition to the office space, there's a significant 30,000 square feet dedicated to service bays, warehouse space, and storage areas, providing ample room for operations and inventory. A remarkable feature is the 17,000 square foot amenity area, offering a diverse range of spaces including a restaurant, gym, playroom, daycare center, movie theater, multiple conference rooms, a barbershop, and a game room. This expansive amenity space presents significant potential for employee retention, tenant attraction, or even independent revenue streams. The property's former use as a car dealership speaks to its adaptability and inherent functionality. This is a rare opportunity to acquire a large, well-appointed commercial property with significant potential for diverse uses and substantial returns. Serious inquiries only.