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29542042
29542043

226 King St, Cocoa, FL 32922

VD
FL FL-3478927
Lightle Beckner Robison Inc
RB
FL-707053
Lightle Beckner Robison Inc
Listed by Lightle Beckner Robison Inc
$2,500,000
126 days on market
Updated 75 days ago

Cocoa Village Plaza

Details
Property Type Retail, Office
Sub Type Shopping Center, Storefront
Square Footage 25,207
Occupancy 53%
Tenancy Multi
Lease Type Gross
Remaining Term 1
Price per SqFt $99
Class B
Year Built 1954
Acreage 0.520
Zoning CBD

Value Add with Immediate Upside

Marketing description

This outstanding property presents a compelling value-add opportunity for retail and street retail investors. With most tenants' leases expiring in 2026, there is significant upside potential for reletting spaces, enhancing rents, or even redevelopment. The building currently accommodates a mix of retail and office tenants, with the added benefit of high ceilings in select units. Featuring 14 bottom floor retail units and 1 residential apartment unit on the second floor, this property offers a versatile layout that can be leveraged for enhanced profitability and growth. Don't miss the chance to capitalize on this value-add opportunity and unlock the full potential of this prime retail investment.

Nestled in the vibrant downtown area of Cocoa Village, "the property" enjoys prime exposure and exceptional accessibility. Situated on the route to and from Merritt Island, the area experiences robust traffic counts, making it an ideal location for retail and street retail investors. With direct frontage to the two busiest roads connecting the barrier island/Cocoa Beach to the mainland—Willard Street and King Street—the building offers unparalleled visibility and access. Set on a city block at the heart of both major roads, this property presents an outstanding opportunity for retail and street retail investment, benefitting from its strategic positioning in this dynamic and sought-after community.

Investment highlights

  • 25,207 SF building

  • Immediate Value Add

  • 15 units

  • High Visibility

  • Prime Cocoa Village location

Listing Contacts

VD
FL FL-3478927
Lightle Beckner Robison Inc
RB
FL-707053
Lightle Beckner Robison Inc
Listed by Lightle Beckner Robison Inc

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Additional Information

Name
Vitor De Sousa, CCIM
License
FL-3478927
Brokerage
Lightle Beckner Robison, Inc.
Title
Sales Associate
Brokerage Address
70 West Hibiscus Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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