Prime Corner Office Building with Income & Upside in Booming Titusville

Description:

Price: $790,000

Prime Corner Office Building with Income & Upside in Booming Titusville
Positioned at a signalized hard corner on SR 50, one of Titusville’s most heavily traveled corridors (20,000+ VPD), this updated professional office building offers excellent visibility, strong signage, and ample parking. The building’s layout allows for flexible use—ideal for an owner-user looking to occupy all or part of the space, or an investor seeking to lease it fully and capitalize on the rising rental rates in the area.
Currently leased to a professional insurance tenant through December 2026, the property provides immediate income with future upside. With the ability to subdivide the space, a new owner could lease a second suite at market rate now, and later renegotiate or re-tenant the entire building at $18–$20/SF NNN to significantly boost NOI and asset value.
Located in fast-growing Titusville, this corridor has seen an influx of development driven by aerospace expansion, new housing, and commercial growth. The property sits just minutes from Kennedy Space Center, Blue Origin, and the booming Space Coast business ecosystem—making it an attractive long-term hold or strategic acquisition.
Highlights:
• 5,228 SF updated office building on a high-traffic corner
• Signalized intersection with excellent access and visibility
• Zoned for professional or medical office use
• Current tenant lease through 2026; subdivision potential
• Ideal for 1031 exchange, owner-occupier, or value-add investor
Serious inquiries invited with signed confidentiality agreement for access to financials and due diligence materials.
Interior Features:
*16 offices (sizes ranging from 8x10 to 15x18 approx.)
*Copy/work room
*Large kitchen/break room
*Storage room
*IT room
*Single bay garage under air with roll-up door
*Custom cabinetry, crown molding and granite counter tops
*Custom 2” blinds on all windows
*Conference Room
*Front Desk/Reception Area
*4 restrooms (2 with showers) custom Tile work, nicely appointed
*Kitchen/Break room – custom cabinets and stone counter tops
*Tankless water heater
*Roof inspected and maintained 2024
*LVT wood look flooring in common areas




Location Benefits:

Situated on S Hopkins Avenue, this property boasts excellent visibility and accessibility. Located in an area of other professional and medical offices, this site boasts a strategic location that provides convenient access to major highways, making it ideal for businesses serving Titusville and beyond. The proximity to Kennedy Space Center adds to its appeal for aerospace and technology-related enterprises.
*AADT Traffic Count: 15,500

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