Turnkey Restaurant & Real Estate for Sale, Steps from the Beach in Cocoa Beach | $235,000

Investment Overview

Turnkey Restaurant & Real Estate for Sale, Steps from the Beach in Cocoa Beach | $235,000 Own the real estate and the business in one of Cocoa Beach’s best locations. This commercial condo (Units 101 & 103) is approximately 589 SF on the first floor of the Cape Royal Office Condo, a building with approximately 288 units occupied by businesses, and it’s the only restaurant in the building. The restaurant is sold with the established restaurant concept, the real estate, and all furniture, fixtures, and equipment. The kitchen is fully equipped and in place, so a new owner can step in and keep operating. Included in the sale: Established, operating restaurant concept Commercial condo ownership of Units 101 & 103 Commercial hood system Sinks Freezer and refrigerators Grease traps Additional furniture, fixtures, and equipment [attach FF&E list]

Investment Highlights

• Highlights:
• CT-1 zoning
• Outdoor seating area
• Ample shared parking
• Steps from the beach
• Condo ownership, not a lease, so you build equity instead of paying rent
• Low-overhead ownership: The $588/month HOA covers all utilities, including HVAC maintenance and building maintenance. With utilities bundled into one predictable payment, an owner-operator can budget with confidence.
• At this price, the real estate, the business, and the equipment all come together, and that’s hard to find this close to the ocean. It suits an owner-operator, a restauranteur adding a second location, or an investor who wants a business-ready asset on the Space Coast.
• Price: $235,000 (business and real estate included)
• Size: ±589 SF
• Units: 101 & 103
• Zoning: CT-1
• HOA: $588/month (all utilities, HVAC maintenance, and building maintenance)