100 Lucas RD Merritt Island, FL 32953
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $116
MLS Listing ID 1043287
HOA Y/N No
Total Fin. Sqft 4040
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1968
Annual Tax Amount $3,271
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Mixed Use
Property Description
Additionally, the property includes multiple vending machines, generating passive income without requiring extra management. The recent upgradesincluding newer roofs, fresh exterior paint, and an improved parking lotensure that the property is ready for immediate use with minimal upkeep. This mixed-use property is a turnkey investment offering both residential and commercial potential, making it one of the most attractive opportunities in the area for investors or business owners looking for diverse revenue streams. The population in Brevard County has been growing steadily. Merritt Island, in particular, benefits from the Space Coast's economic expansion and the influx of people moving to the area due to job opportunities in the aerospace and technology sectors. This growing population provides a steady stream of potential customers and tenants for your commercial property.The median household income in Merritt Island and surrounding areas is above the national average. With a mix of affluent homeowners, retirees, and professionals working in the aerospace and technology sectors, the area presents a high-potential market for both commercial and residential businesses.100 Lucas Road in Merritt Island, FL 32953 is an outstanding opportunity for anyone looking for a high-income producing commercial property in a prime location. Whether you're seeking a turnkey investment, a business opportunity, or a flexible live/work environment, this property checks all the boxes. With strong rental potential, high visibility, and its location in a rapidly growing and thriving area, this is an opportunity that shouldn't be missed.Zoned for flexibility, this property accommodates a variety of commercial uses, making it perfect for entrepreneurs, investors, or multi-use operations.
Location
State FL
County Brevard
Area 251 - Central Merritt Island
Direction From North Courtenay, turn west onto Lucas Road. The property is located on the right.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Tile
Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking, Attached, Attached Carport, Covered, Detached, Garage, Garage Door Opener, Guest, Parking Lot, RV Access/Parking
Utilities Available Cable Available, Electricity Connected, Sewer Connected
Roof Type Membrane,Shingle
Present Use Commercial,Investment,Mixed Use,Multi-Family,Office,Residential,Retail,Other,Mini Storage
Road Frontage City Street
Garage No
Building
Lot Description Cleared, Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 24-36-23-Bx-00000.0-0031.03
Security Features Closed Circuit Camera(s),Security Lights,Window Bars
Acceptable Financing Cash, Conventional, FHA, Owner May Carry, Private Financing Available
Listing Terms Cash, Conventional, FHA, Owner May Carry, Private Financing Available
Special Listing Condition Standard
ParcelsYN No
Virtual Tour https://www.propertypanorama.com/instaview/spc/1043287
