211 Caroline Street
Cape Canaveral, FL 32920
MLS #: 1000738
Property Type: Commercial
List Date: 12-29-2023
Year Built: 1966
0 Sq. Ft.
4,452 Total Sq. Ft.
Property Description
This 4, 453 sq ft space is positioned to capitalize on the area's tourism and local economy. With Port Canaveral expecting 4.07 million cruise passengers in 2023 and Kennedy Space Center attracting over 1.4 million visitors annually, the property benefits from a steady stream of potential customers. The local market is equally strong, boasting a median household income of $68, 495 (17.3% growth from 2021-2022) and a low 3.2% retail vacancy rate. Cape Canaveral's retail sector thrives with $51, 459, 000 in annual sales, supported by 9, 980 residents and millions of visitors contributing to a $4.6 billion tourism impact in Brevard County. The diverse visitor demographic, with 63% from out of state and 5% international, offers retailers a broad customer base. This flexible space, suitable for retail or professional services, presents an unparalleled opportunity to tap into a market where tourism and local prosperity converge.
211 Caroline StreetCape Canaveral, FL 32920
This listing is courtesy of Reach Commercial Real Estate.
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