Description
19,531SF former restaurant and entertainment complex on 1.32 acres. It includes 5 bars, 2 large dining rooms, plus a 2200+/-SF banquet room, and a 1500+/- SF outdoor covered dining area. The kitchen is an enormous 2,400+/-SF commercial facility, with a walk-in freezer and cooler. The property also houses 5 restrooms, including 2 women's lounges, plus 2 administrative offices and 2 gathering rooms on second floor. Hardwired POS system with 7 terminals throughout the building. This highly visible location has 165 feet of frontage on US Highway 1, carrying 24,500 cars per day, and is just north of the desirable Cocoa Village waterfront. 100+ parking spaces, with easy ingress/egress from secondary roads.The area is enjoying a renaissance, which has created an excellent opportunity to restore the property to its former glory, or redevelop for multifamily, mixed-use retail, or a small hotel. Can be purchased in conjunction with .46 acre parcel that abuts to the south, creating 335 feet of frontage along US Highway 1. Located in the Cocoa CRA district with possible incentives in the form of commercial faade grants, engineering & construction, stormwater improvements, streetscaping design, and workforce housing development. Owner financing is available!
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0BEDS
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1.32ACRES
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0BATHS
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01/2 BATHS
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17,125SQFT
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$81$/SQFT
School Ratings & Info
Description
19,531SF former restaurant and entertainment complex on 1.32 acres. It includes 5 bars, 2 large dining rooms, plus a 2200+/-SF banquet room, and a 1500+/- SF outdoor covered dining area. The kitchen is an enormous 2,400+/-SF commercial facility, with a walk-in freezer and cooler. The property also houses 5 restrooms, including 2 women's lounges, plus 2 administrative offices and 2 gathering rooms on second floor. Hardwired POS system with 7 terminals throughout the building. This highly visible location has 165 feet of frontage on US Highway 1, carrying 24,500 cars per day, and is just north of the desirable Cocoa Village waterfront. 100+ parking spaces, with easy ingress/egress from secondary roads.The area is enjoying a renaissance, which has created an excellent opportunity to restore the property to its former glory, or redevelop for multifamily, mixed-use retail, or a small hotel. Can be purchased in conjunction with .46 acre parcel that abuts to the south, creating 335 feet of frontage along US Highway 1. Located in the Cocoa CRA district with possible incentives in the form of commercial faade grants, engineering & construction, stormwater improvements, streetscaping design, and workforce housing development. Owner financing is available!
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