Foreclosure - Seller Financing - Lease to Own
Address
2040 Palm Bay Road NE # 1, Palm Bay, FL
Price
$ 299,777
Property Attributes
- MLS#1003636
- TypeCommercial
- CountyBREVARD
- CityPalm Bay
- AreaNE Palm Bay
- Zip32905
- StyleBusiness
- Year Built1978
- Taxes$ 951
- Price$ 299,777
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage746
Data Source:
Space Coast AOR
Property Description
New Owner Wanted! Successful established Italian / Pizza Restaurant AND the storefront Unit are available NOW! Seller Financing Available! Pizza and Italian Kitchen has been a staple of the Palm Bay Business District for over 10 years! serving up some of the best Pizza and Italian Dishes in Brevard. Low Overhead! Own the location as well as the business to keep your overhead down. The restaurant for sale is located in an area with excellent demographics, visibility, and traffic counts. There are 5 employees including a manager on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery, catering, and corporate opportunities in the area.
| Price History | |
|---|---|
| 2/1/2024 | Listed $349,777 |
| 3/31/2024 | 15% - $299,777 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central,Electric |
| Cooling | Central Air |
| Utilities | Cable Connected,Electricity Connected,Sewer Connected,Water Connected,Propane,Separate Water Meters |
| Possession | Close Of Escrow |
| Roof | Metal |
| HOA | 350.0 |
| Security Features | Security System Owned,Smoke Detector(s) |
| Construction Materials | Concrete,Stucco |
| Year Built | 1978 |
| Electric | 200+ Amp Service,220 Volts |
| Tenant Pays | Association Fees,All Utilities |
| Unit Number | 1 |
| Property SubType | Business |
| Tax Year | 2023 |
| Current Use | Retail |
| OwnerPays | Association Fees |
| Building Name | L & C ARLINGTON PINES |
| Accessibility | Accessible Approach with Ramp,Accessible Entrance |
| Assoc Fee Paid Per | Monthly |
| County | Brevard |
| Property Type | Commercial Sale |
| Association Amenities | Management - Off Site,Trash |
| HOA / Comm Assn | Yes |
| Attached Garage | No |
| Building Features | Kitchen Facilities |
| Status | Active |
| Directions | Palm Bay Rd East from I-95; Plaza on the right |
| City | Palm Bay |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 1 |
| MLS Area | 340 - NE Palm Bay |
| Lot Size Square Feet | 0.0 |
| Waterfront Y/N | No |
| Street Name | Palm Bay |
| Land Lease Y/N | No |
| Tax Annual Amount | 951.18 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | 340 - NE Palm Bay |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Virtual Tour | https://www.propertypanorama.com/instaview/spc/1003636 |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Legal Description | L & C ARLINGTON PINES CONDO UNIT 1A L & C ARLINGTON PINES CONDO AS DESC IN ORB 5667 PG 4665 & ORB 5692 PG 8994 AND ALL A |
Interior Features
| Flooring | Tile |
|---|---|
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Street Suffix | Road |
| Electric On Property Y/N | No |
| Total Baths | 1 |
| SeatingCapacity | 24 |
Exterior Features
| Parking Features | Additional Parking,Parking Lot,Shared Driveway |
|---|---|
| Lot Features | Other |
| Water Source | Public |
| Inclusions | {u'Business with Real Estate': True,u'Business Only': True} |
| Lot Size Area | 0.0 |
| Spa | No |
| Lot Size Acres | 0.0 |
| Road Frontage Type | State Road |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 32905
Price
Taxes
Visits
Year Built
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Updated on May 15, 2024 5:28 AM UTC
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