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4690 LIPSCOMB ST Palm Bay FL 32905

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 5,202
Year Built 1982
Days on Market ******
Latitude 28.0348
Longitude -80.6054

Property History

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Property Type
Property Type
Retail
Property Subtype
Restaurant
Marketing Description

Fully operational restaurant business with a strong, local following, and long-term reliable staff. Includes free-standing 5202 SF building on 1.2 acres. 250 feet of frontage on a major traffic corridor with 33,000+ vehicles per day. 76 parking spaces with easy access in and out. Seating capacity of 194 in the main dining room, plus an additional 60 in a separate banquet room. Fully furnished with all cooking equipment, coolers, catering trucks, smoker trailer, restaurant furniture, and fixtures.

60,000 residents within 3 miles, and 90,000 within a 10 minute drive. Average HH income: $62,000.

Major retailers nearby include Walmart, Publix, McDonalds, Cumberland Farms, Family Dollar, Applebees, Chilis, Checkers and Pizza Hut.

Palm Bay is perfectly located on Florida's east central coast, midway between Jacksonville and Miami. Off of I-95 take exits 173 and 176. Palm Bay is close to Melbourne and Orlando International Airports and Port Canaveral.

Many quality of life choices including employment opportunities from entrepreneurial family owned enterprises through a growing base of mid and large size technology and manufacturing companies.

Education opportunities include 18 public and private K through Grade 12 schools. Eastern Florida State College's four campuses are spread across Brevard County's more than 70-mile-long expanse on Florida's east coast, offering convenient access to higher education for all. Palm Bay Campus is situated on attractive Lake Titan in the fastest growing and most culturally diverse community in Brevard County.

Recreational activities include 29 city parks which include paintball and skateboarding, an aquatic center, a 200 acre regional park, two public / private golf courses, Turkey Creek Sanctuary, and nearby are the beaches!

Investment Highlights
  • 5202 SF restaurant on 1.2 acres
  • Frontage on major traffic corridor
  • 33,000+ vehicles per day
  • Several major retailers in close proximity
  • Seating capacity over 250
  • 76 parking spaces
  • Easy access in and out
  • Includes all equipment and furnishings
  • Location info available upon request

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
JF
James Flint, CCIM
•••.•••.9090
•••••.•lint@•••••••••.com
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Comparable Properties

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Rental Market Overview

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Palm Bay, FL median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Palm Bay, FL (this market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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