175 N Park Avenue, Titusville, FL 32796
$950,000
Property Type:
Commercial Sale
Square Footage:
6,126
Lot Size (sq. ft.):
60,113
Status:
Closed
Current Price:
$950,000
List Date:
8/25/2021
Last Modified:
11/02/2024
Description
ESTABLISHED STORAGE FACILITY-BUILDING AND BUSINESS!!! Turn key established storage facility operating since 1991. Business for sale located in great location in Titusville with high traffic volume. Eight buildings with various size units. Currently at 67% capacity. Current rent prices are below market value so huge financial opportunity here! All units are month to month lease so there is flexibility for the future. Build dates range from 1967 to 1990. Make an appointment to see this great business opportunity before it's gone!
More Information MLS# 914033
Location, Tax, and Legal
Tax Account: 2110010
Parcel Number: 21-35-33-78-00005.0-0000.02
General County Location: North
Tax Annual Amount: 5139.95
Tax Year: 2020
Tax Legal Description: E H RICES ADDN TO TITUSVILLE N 130 FT OF BLK 5 W OF RR
Directions: I-95 to SR 406 and left on Park Ave. OR US 1 to SR 406 to right on Park Ave.
General Property Information
Number Of Units Total: 114
Stories Total: 1
Building Area Total: 6126
Lot Size Acres: 1.38
Association YN: No
Property Use: C-MIXED USE - COMMERCIAL PROPERTY (1210)
Water Body Access YN: No
Waterfront YN: No
Use Code: 12 / COMMERCIAL, MIXED USE
List Price/SqFt: 179.56
Sold Price/SqFt: 155.08
Year Built: 1967
Remarks and Miscellaneous
Public Remarks: ESTABLISHED STORAGE FACILITY-BUILDING AND BUSINESS!!! Turn key established storage facility operating since 1991. Business for sale located in great location in Titusville with high traffic volume. Eight buildings with various size units. Currently at 67% capacity. Current rent prices are below market value so huge financial opportunity here! All units are month to month lease so there is flexibility for the future. Build dates range from 1967 to 1990. Make an appointment to see this great business opportunity before it's gone!
Construction Materials
Block: 1
Frame: 1
Cooling
Ceiling Fan(s): 1
None: 1
Other: 1
Current Use
Commercial: 1
Flooring
Carpet: 1
Terrazzo: 1
Heating
None: 1
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Lot Features
Other: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Income and Expenses
Gross Scheduled Income: 101757
Insurance Expense: 2900
Net Operating Income: 76457
New Taxes Expense: 11000
Source of Expenses - Owner: owner
Roof
Mixed: 1
Wood Truss/Raft: 1
Security Features
Security Gate: 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Presently Leased: 1
Use Conforms to Zone: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Listing Agent Must Accompany: 1
Building Features
Clear Ceiling Height: 6126
Fenced: 1
Loading Dock: 1
Meeting Room: 1
Office: 1
Overhead Doors: 1
Private Restroom: 1
Reception Area: 1
Separate Office Area: 1
Storage: 1
Ceiling Type
Drywall: 1
Exposed: 1
Height Varies: 1
Suspended: 1
Existing Lease Type
Gross: 1
Location
City: 1
Subdivision: 1
Sale Includes
Building & Land: 1
Business with Lease: 1
Business with Real Estate: 1
Historical Information
Public Historical Remarks 2: Site Description-Fenced: Y
Public Historical Remarks 3: Expenses-Utilities: 440
Contract Information
Current Price: $950,000
Original List Price: 1100000
Sold Price: $950,000
Status: Closed
Listing Contract Date: 2021-08-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 175
Street Direction Prefix: N
Street Name: Park
Street Suffix: Avenue
County: Brevard
State: FL
Postal Code: 32796
MLS Area Major: 103 - Titusville Garden - SR50
Subdivision Name: E H Rices Addn To Titusville
Status Change Information
Major Change Timestamp: 2021-12-01T01:46:40Z
Major Change Type: Status Change
Status Change Timestamp: 2021-11-30
Purchase Contract Date: 2021-09-16
Close Date: 2021-11-30
Close Price: 950000
Property Features
Building Features: Fenced; Loading Dock; Meeting Room; Office; Overhead Doors; Private Restroom; Reception Area; Separate Office Area; Storage
Ceiling Type: Drywall; Exposed; Height Varies; Suspended
Construction Materials: Block; Frame
Cooling: Ceiling Fan(s); None; Other
Current Use: Commercial
Existing Lease Type: Gross
Flooring: Carpet; Terrazzo
Heating: None; Other
Listing Terms: Cash; Conventional; Lease Option
Location: Subdivision
Lot Features: Other
Possession: Close Of Escrow; Negotiable
Roof: Mixed; Wood Truss/Raft
Sale Includes: Building & Land; Business with Lease; Business with Real Estate
Security Features: Security Gate; Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Listing Agent Must Accompany
Special Listing Conditions: Presently Leased; Use Conforms to Zone
Water Source: Public
Listing Office:
Keller Williams Space Coast
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.