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4640 W Eau Gallie Blvd
Melbourne, FL 32934

PURCHASE TURN KEY PROFITABLE BUSINESS · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,280 SF
Building Class
B
Year Built/Renovated
2002/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
1.75 AC
Zoning
CCP
Parking
25 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
104 ft on Eau Gallie Blvd

Amenities

  • Security System
  • Signage

About 4640 W Eau Gallie Blvd , Melbourne, FL 32934

Brand New store situated right next to Dunkin Donuts, off I-95 in Melbourne, Florida. This is a beautiful facility, with a Marathon service station right outside that has top of the line pumps and lighting. The business opened in August 2018 and has been doing very well. The expected performa is listed above. Right past the I95, Brevard County has approved a Hard Rock Casino and Tanger Outlet Mall along Eau Gallie Blvd and that is a major development area. The store has transferable liquor, lottery, and tobacco licenses. This is a LEASE, no real estate is conveyed. You're buying the business. $50,000 for current inventory (plus or minus 5% when inventory is counted during the purchase process) (owner financing available for this) $50,000 REFUNDABLE gas deposit (not negotiable, as it is Marathons requirement) $50,000 for the business. (This is negotiable) at $60,000 per year net income at a purchase price of $150,000 is a 40% cap rate and the opportunity to earn your money back in as little as 2-3 years. Store opened in August 2018 at 20k gross sales, in December of 2018 it did $30k and has grown every month since. Realtors and Principle buyers are welcome.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-36-23-01-00000.0-0049.01
Land Assessment
$622,413
Improvements Assessment
$764,489
Total Assessment
$1,386,901
  • Listing ID: 13904831

  • Date on Market: 2018-09-28

  • Last Updated:

  • Address: 4640 W Eau Gallie Blvd, Melbourne, FL 32934

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