Property summary
This exceptional mixed-use commercial property, located at 3408 S Park Avenue in Titusville, Florida, presents a compelling investment opportunity. The 11,761.2 square foot lot houses a single-story, 1966-built building featuring three distinct suites, each currently configured for a specific business type. Suite A, a salon, is ideally suited for beauty professionals. Suite B, with its check-in window and separate rooms, is perfect for massage therapy or similar wellness businesses. Suite C, equipped for a bakery, includes essential appliances and a welcoming layout. Each suite includes a private bathroom and modern air conditioning. The property's location within thriving residential neighborhoods contributes to its strong rental potential, estimated at $60,000 annually or more. This versatile property offers a unique blend of established businesses and significant upside for future growth. The asking price is $550,000. This is a rare opportunity to acquire a well-positioned commercial property in a desirable Florida location. The property's three-suite configuration provides flexibility for a variety of uses and income streams. Don't miss this chance to secure a profitable investment in the heart of Titusville. The property's zip code is 32780.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Neighborhood Commercial (NC) district is designed to provide a number of selected establishments that will principally serve one or several residential neighborhoods. These areas are generally located along or at the…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NC · Titusville, FLThe Neighborhood Commercial (NC) district is designed to provide a number of selected establishments that will principally serve one or several residential neighborhoods. These areas are generally located along or at the…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Neighborhood Commercial (NC) district is designed to provide a number of selected establishments that will principally serve one or several residential neighborhoods. These areas are generally located along or at the…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for NC in Titusville, FL.
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