Land for sale
$950,000 - Titusville FL 32780Details
- Price: $950,000
- Internal Reference No.: 69284722
Overview
The property consists of a 2, 009+-sq ft concrete building on.53+- acres with direct access from Highway US 1 and South Washington Avenue. The property was renovated in 1962 as a gas station and further renovated to its current state. In approximately 2016-2017 a new roof was placed on the building by the current owners. In approximately 2016-20177- 7-Eleven acquired a portfolio of several gas and convenience operations to include an existing lease on the building which they ran as a gas and convenience store for several years. The building is currently vacant. The current lease with 7-Eleven expires in August 31 2024. However, 7-Eleven continues to maintain the building. All gas pumps have been removed from the property and all remediation has been approved and completed. They also renovated the bathrooms to ADA standards. The building is zoned ''Down Town Mix Use and ''Mid Town'' which is a very liberal zoning which allows most commercial usages to include work-live, multi family, duplex, triplex, and quad-plex at a density of 30 units per acre and a height restriction of 5 stories. Also as noted in the Offering Summary, the property is located in and a part of the Titusville CRA-Commercial Re-Development Agency. This designation allows and provides for possible financial development grants for future development and re-development. Building Construction: Masonry Conc. Roof BU-TG/MMBRY Bar Joist Rigid (Brevard County Property Appraisers Records) Lot Size: 0.53 Acres Irregular Shape. Dual frontage: Hwy US 1 and Washington Avenue Note: Current 7-Eleven Lease: When the property is sold, the Buyer becomes the new Landlord. The Lease stays intact until it expires or until it is terminated. If the Buyer wants immediate access to the building either for renovations or demolition, the lease will have to be terminated. Lease expires is August of 2024 For more details and to contact: https://realtyww.info/land-lots_titusville-d526968/for-sale_i69284722Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
Disclaimer
The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.
2024-03-20, Viewed 0 times.
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