100 Lucas RD Merritt Island, FL 32953
2 Baths
4,040 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $116
MLS Listing ID 1043490
Total Fin. Sqft 4040
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1968
Annual Tax Amount $3,408
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Business
Property Description
Situated on a high-traffic road with marquee signage, the property benefits from excellent visibility and consistent customer traffic. Its prime locationdirectly behind the world's largest convenience store chainamplifies its value with steady foot and vehicle flow. Additionally, the property includes multiple vending machines that generate passive income with minimal oversight. Recent upgrades such as newer roofs, fresh exterior paint, and an improved parking lot make this a turnkey investment requiring little to no immediate capital improvement.
This property offers strong residential and commercial potential, making it an ideal choice for investors or business owners seeking diverse revenue streams. Brevard County's population has been growing steadily, with Merritt Island benefiting significantly from the Space Coast's economic expansion and the influx of high-paying jobs in aerospace and technology. The area's above-average median household income and the presence of affluent homeowners, retirees, and professionals make it a high-potential market for commercial success.
Located at 100 Lucas Road in Merritt Island, FL 32953, this property is a standout opportunity for those looking to acquire a high-income producing asset in a prime location. Whether you're seeking a ready-to-go investment, a business hub, or a flexible live/work environment, this property delivers. Its zoning accommodates a variety of commercial uses, making it perfect for entrepreneurs, investors, or multi-use operators.
Additional investor benefits include a strategic central location just minutes from Cocoa Beach, Cape Canaveral, and the Kennedy Space Centerdrawing both local and tourist traffic. The area's growing demand for services and consumer-facing businesses is bolstered by year-round tourism and a limited supply of similar mixed-use properties. The property is also conveniently located near Port Canaveral, Melbourne-Orlando International Airport, and the upcoming Brightline rail expansion.
Whether you're an investor, owner-user, developer, or entrepreneur in need of a live/work solution, this property checks all the boxes. With built-in income streams, modern infrastructure, flexible zoning, and a high-demand location, it represents a rare and valuable opportunity in one of Florida's fastest-growing markets.
Property Highlights:
4-Bay Car Wash with updated equipment and strong local demand
Retail Storefront with attached garage - perfect for a small business or service operation
Two-Bedroom Apartment - convert to office or retail use to suit your business model
Second-Story Skydeck with scenic views - ideal for a relaxation area or a unique customer experience
Multiple Bathrooms with Shower - supports live/work setups, car wash employees, or multi-tenant use
Two Garages - provide additional rental income or storage for business operations
Owner's/Material Room - adds on-site utility and operational efficiency
Passive Income from Multiple Vending Machines - low-maintenance, high-margin revenue
Recent Upgrades:
Newer roofs
Fresh exterior paint
Improved parking lot with ample on-site parking
Marquee signage for excellent branding visibility
Prime Location Benefits:
High-traffic road with strong vehicle and foot exposure
Located directly behind the world's largest convenience store chain, ensuring a steady stream of customers
Minutes from Cocoa Beach, Cape Canaveral, Kennedy Space Center, and Port Canaveral
Easy access to Melbourne-Orlando International Airport and the upcoming Brightline rail expansion
Market Advantages:
Brevard County's population is rapidly growing, driven by the booming aerospace and technology industries
Merritt Island benefits from above-average median incomes and a strong demographic of affluent homeowners, professionals, and retirees
Limited inventory of comparable mixed-use properties in the area enhances long-term value and rental potential
Year-round tourism adds to demand for services and visibility
Location
State FL
County Brevard
Area 251 - Central Merritt Island
Direction From North Courtenay, turn west onto Lucas Road. The property is located on the right.
Interior
Heating Central, Electric
Cooling Central Air, Electric
Flooring Concrete, Tile
Inclusions Furniture, Fixtures and Equipment, Business with Real Estate, Building & Land
Exterior
Exterior Feature ExteriorFeatures
Parking Features Additional Parking, Attached, Attached Carport, Carport, Covered, Detached, Garage, Garage Door Opener, Guest, Parking Lot, RV Access/Parking, Secured
Utilities Available Cable Available, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Present Use Commercial,Industrial,Investment,Mixed Use,Multi-Family,Office,Recreational,Residential,Retail,Other,Mini Storage
Road Frontage City Street
Garage No
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 24-36-23-Bx-00000.0-0031.03
Security Features Closed Circuit Camera(s),Security Lights,Window Bars
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/spc/1043490
