219 Indian River Ave Titusville, FL 32796
For Lease
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This exceptional 7,789 square foot, Class C office space is located on the Indian River in downtown Titusville, Florida. Boasting direct waterfront views, including spectacular rocket launches and sunrises, this single-tenant property offers endless possibilities. The 15,578 total square foot building, situated on 2.13 acres, is zoned CBD and was built in 1963. The space is currently available for lease at $12.75 per square foot, NNN, with additional costs of $7.43 per square foot covering prorated electric, water, sewer, property taxes, and insurance. Its prime location offers easy access to the vibrant downtown area, with its numerous shops and restaurants. This thriving location is further enhanced by significant upcoming developments, including the addition of 410 luxury apartments at Horizon/Sandpoint and 21 modern apartments with renovated retail spaces at 300 S. Washington Ave. The property is also available for purchase at $3,250,000. This unique opportunity combines stunning waterfront views with the energy of a revitalized downtown area, making it ideal for a variety of businesses. The property's address is 219 Indian River Ave, Titusville, FL 32796, in Brevard County.
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Wells Fargo Advisors Financial Advisor
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David Boland, Inc. Construction Company General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Titusville, FLTitusville. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.