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1540 S Washington Avenue Titusville, FL $ 945,000
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$ 945,000 Get more info
1540 S Washington Avenue
$ 945,000
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Share Save

1540 S Washington Avenue

Titusville, FL, 32780
$ 945,000
Bedrooms-- Baths12.0 Sq 3,871

Monthly Estimate*

$ 5,819

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Commercial Property for sale in Titusville, FL

for $945,000 with 12 full baths. This 3,871 square foot building was built in 1961 on a lot size of 0.29.

Rare opportunity to purchase Mid-Century Modern roadside motor inn in historic Titusville - Gateway between Nature & Space! Wade's Motor Inn offers 11 rooms of efficiency style plus manager's apartment with private courtyard. Each guest room features tile flooring, kitchenette, TV, Queen sized bed & private ensuite. Guest suites in 3 floorplans - 225sqft (7 units), 265sqft (3 units) & 257sqft (1 unit.) Manager's apartment is over 600sqft with private door into office. Courtyard is appx 10x32 - privacy fenced & includes covered patio with brick pavers. Porte cochere retains the vintage vibe for guests to park out of the elements while checking in. Gathering under the 12x14 pergola is made special with cafe lights & tropical landscaping. 2 additional storage buildings included. Full onsite laundry room with coin operated machines. Motor Inn is well placed for local guests & travelers. Close proximity to rocket launches & Playalinda Beach .. short drive to cruise ports & amusement parks.

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Commercial Active

Price

$ 945,000

Full Bath

12

Property Type

Commercial

Taxes

$ 5,505

Style

Hotel/Motel

Lot Size

0.29

Year Built

1961

Town/City

Titusville

County/Region

Brevard

MLS | Web ID

1064197
Features
General
Living Area 3871.0
Sewer Public Sewer
Heating Electric
Cooling Wall Unit(s)
Utilities Cable Connected Natural Gas Available Sewer Connected
Possession Close Of Escrow
Roof Membrane
Security Features Closed Circuit Camera(s)
Construction Materials Block Concrete
Year Built 1961
Tenant Pays None
Property Subtype Hotel/Motel
Tax Year 2024
Current Use Hotel/Motel
Gross Income 200779.0
Building Name Wade's Motor Inn
County Brevard
Operating Expense 39174.0
Property Type Commercial Sale
HOA N
Attached Garage N
Subdivision Name Riverside Park Sec A
Building Features Storage Laundry Manager on Premise Separate Office Area
Status Active
Directions Well placed on highly traveled US Hwy 1 in Titusville - 1 block from Indian River and historic district ... North of Hwy 50 & Titus Landings .. located on corner of US 1 & Amos Lewis - in front of Ti
City Titusville
Senior Community Y/N N
Number Of Units Total 1
MLS Area 103 - Titusville Garden - SR50
Lot Size Units Acres
Lot Size Square Feet 12632.4
Land Lease Y/N N
Tax Annual Amount 5505.12
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor 103 - Titusville Garden - SR50
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Taxes 5339.0
Legal Description RIVERSIDE PARK SEC A LOT 32 EX HWY R/W & ALL LOTS 72 73
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Interior
Flooring Tile
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 12
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Exterior
Fencing Privacy
Parking Features Parking Lot
Lot Features Cleared Corner Lot
Water Source Public
Inclusions Business with Real Estate Building & Land
Lot Size Area 0.29
Spa N
Lot Size Acres 0.29
Waterfront Y/N N
Road Frontage Type City Street Highway
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1540
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* Excluded Features
List By
Coldwell Banker Paradise

Broker

tami@sellingbrevard.com

Email

Affordability Calculator

$6,277
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,819
Monthly Property Taxes
$459
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1363035 Elementary School
1362897 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/12/2025$945,000 Listed Price

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1540 S Washington Avenue, Titusville, FL, 32780 is a Commercial Property for sale at $945,000 with 3,871 sqft and a lot size of 0.29. 1540 S Washington Avenue has 12.0 baths and was built in 1961. The property's zip code is 32780 which is in Titusville, FL

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