Remarks

Outstanding Investment Opportunity - This mixed-use commercial property offers multiple income streams and tremendous value. Featuring a 4-bay car wash with updated equipment, a retail storefront with attached garage, and a 2-bedroom apartment that can be used as office or retail space. The property also boasts a second-story skydeck with scenic views, and multiple bathrooms with shower for added flexibility. Located on a busy main road with high visibility and a marquee sign, this property enjoys significant exposure and consistent customer traffic. Includes two detached garages for extra rental income and an owner's/material room for added utility. Additionally, multiple income-producing vending machines generate passive revenue. Situated in prime Merritt Island, directly behind the world's largest convenience store chain, it benefits from high foot and vehicle traffic. With newer roofs, fresh paint, and an improved parking lot, this is a turnkey investment. This mixed-use commercial property presents a versatile investment opportunity with significant income potential. The property features a two-bedroom apartment that can easily be used as additional office or retail space, providing flexibility for various uses. The second-story skydeck offers a unique space for relaxation or enjoying elevated views of the surrounding area. Multiple bathrooms with shower add convenience for both tenants and customers, supporting a live/work setup or a car wash operation. The property also boasts two detached garages that increase income potential through rental opportunities or additional commercial use. The owner's/material room provides an efficient space for managing operations. Positioned on a high-traffic road with a marquee sign, the property ensures excellent visibility and attracts consistent customer traffic. Its prime location behind the world's largest convenience store chain adds further to its value, ensuring a steady flow of foot and vehicle traffic.
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.

Details

MLS#: 1043287
Price: $470,000

Style: Mixed Use
Sq Ft: 4040
Year Built: 1968

County: Brevard
Tax Fee: 3271.8000000000002