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290 Parnell St
Merritt Island, FL 32953
Office Property For Sale
INVESTMENT HIGHLIGHTS
- 125 ft Road Frontage
- 2066 Sq Ft Main Building
- .51 Acre Lot - Two Parcels
- 378 Sq Ft Second Building
EXECUTIVE SUMMARY
Nestled in the heart of Merritt Island's charming and historic Merritt Park Place, this ½ acre commercial property is a rare find. The property blends historic character with modern functionality, making it an exceptional opportunity for business owners and investors alike. The property spans a total of ½ acre, combining the .29-acre main building lot with a .22-acre adjacent lot. The property's thoughtful design offers flexibility for expansion, additional parking, or future development. Strategically located at a prime corner in Merritt Park Place with 125ft of road frontage, the property ensures excellent visibility and accessibility with easy access to both Courtenay Parkway and SR-520. The main building, a spacious 2,066 square feet, underwent a complete renovation in 2012. Updates included plumbing, air ducts, insulation, drywall, new doors, and the addition of hurricane ties, ensuring both style and structural integrity.
Original 1950s hardwood floors add timeless charm, and the building is currently home to an upscale salon, though its layout is adaptable for office or retail use. A secondary 378-square-foot building, also under air, provides additional space for business operations or rental income. With its desirable location, ample space, and blend of historic character and modern updates, this property is well-suited for owner-occupied businesses, rental opportunities, or future growth.
Original 1950s hardwood floors add timeless charm, and the building is currently home to an upscale salon, though its layout is adaptable for office or retail use. A secondary 378-square-foot building, also under air, provides additional space for business operations or rental income. With its desirable location, ample space, and blend of historic character and modern updates, this property is well-suited for owner-occupied businesses, rental opportunities, or future growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,552 SF
Building Class
C
Year Built
1958
Price
$723,938 CAD
Price Per SF
$283.67 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,552 SF
Building FAR
0.11
Lot Size
0.51 AC
Zoning
BU1A - BU-1-A Restricted Neighborhood Retail Commercial
Parking
20 Spaces (7.84 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 24-36-35-32-0000K.0-0015.00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $421,773 CAD |
PROPERTY TAXES
Parcel Number
24-36-35-32-0000K.0-0015.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$421,773 CAD
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