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2755 N BANANA RIVER Dr 18,120 SF 100% Leased Flex Building Merritt Island, FL 32952 $3,580,535 CAD ($197.60 CAD/SF)
EXECUTIVE SUMMARY
Located less than five minutes from Port Canaveral, this is a fantastic opportunity to acquire two multi-tenant small bay warehouse buildings with office suites and a racquetball court. All tenants are on below-market month-to-month leases, presenting a unique opportunity for an Owner User to occupy the property and collect additional income. For Value Add Investors, there's an opportunity to bring existing tenants to market rents and maximize returns with few competing vacancies in the area. Brevard County's BU-2 zoning allows a wide variety of uses, making this a great location for businesses catering to Port Canaveral.
Seller Financing available for qualified buyers.
North Building:
- 12’ clear height, 10’ x 10’ roll-up doors
- 22 warehouse bays, 7 office suites, indoor racquetball court
- Shingle Roof approximately 7 years old
- 1986 Concrete Block construction
South Building:
- 16’ clear height, 12’ x 10’ roll-up doors
- 5 warehouse bays, shell office space
- Metal Roof approximately 5 years old
- 1994 Concrete Block Construction
Waterfront Land Parcels (2)
- Roughly 0.1 acres total fronting the Banana River
Seller Financing available for qualified buyers.
North Building:
- 12’ clear height, 10’ x 10’ roll-up doors
- 22 warehouse bays, 7 office suites, indoor racquetball court
- Shingle Roof approximately 7 years old
- 1986 Concrete Block construction
South Building:
- 16’ clear height, 12’ x 10’ roll-up doors
- 5 warehouse bays, shell office space
- Metal Roof approximately 5 years old
- 1994 Concrete Block Construction
Waterfront Land Parcels (2)
- Roughly 0.1 acres total fronting the Banana River
PROPERTY FACTS
| Price | $3,580,535 CAD | Rentable Building Area | 18,120 SF |
| Price Per SF | $197.60 CAD | No. Stories | 2 |
| Sale Type | Investment | Year Built | 1986 |
| Property Type | Flex | Parking Ratio | 1.1/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 1.19 AC | No. Drive In / Grade-Level Doors | 22 |
| Zoning | BU2 - Business District classification that allows for medium to high-intensity commercial uses. | ||
| Price | $3,580,535 CAD |
| Price Per SF | $197.60 CAD |
| Sale Type | Investment |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 1.19 AC |
| Rentable Building Area | 18,120 SF |
| No. Stories | 2 |
| Year Built | 1986 |
| Parking Ratio | 1.1/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 22 |
| Zoning | BU2 - Business District classification that allows for medium to high-intensity commercial uses. |
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,499,257 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,499,257 CAD
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2755 N BANANA RIVER Dr
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