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Renovated Plaza on US-1 1024 S Harbor City Blvd

16,270 SF 100% Leased Flex Building Melbourne, FL 32901 $2,300,000 ($141/SF)

Investment Highlights

  • Daily traffic of 35,000 AADT on US-1
  • Recently renovated at end of 2023
  • Perfect for owner/user or investor

Executive Summary

This well located plaza on US-1 (S Harbor City Blvd) offers a prime location with high visibility. Just a mile north of the Melbourne Causeway Bridge, this property serves a dense population and strong traffic counts. The surrounding area includes the Melbourne-Orlando International Airport, Holmes Regional Medical Center, multiple auto dealerships, and popular Downtown Melbourne.
The plaza provides a great opportunity for either a partial Owner/User looking to occupy ~9,975 SF with additional rented spaces providing income or an investor ready to add value through a new tenant!
Units are mostly open floor plans. There are nice storage areas in the rear of the building complete with roll-up doors for truck deliveries and pickups.
Don’t miss your chance to own this versatile property in an up-and-coming area!

Property Facts

Price $2,300,000
Price Per SF $141
Sale Type Investment or Owner User
Property Type Flex
Property Subtype Showroom
Building Class B
Lot Size 1.02 AC
Rentable Building Area 16,270 SF
No. Stories 1
Year Built/Renovated 1958/2023
Parking Ratio 13.77/1,000 SF

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
27-37-34-EP-0000A.0-0002.00
Land Assessment
$378,250
Improvements Assessment
$743,850
Total Assessment
$1,122,100

zoning

Zoning Code C-2, Melbourne (COMMERCIAL)
C-2, Melbourne (COMMERCIAL)
  • Listing ID: 31531864

  • Date on Market: 4/17/2024

  • Last Updated:

  • Address: 1024 S Harbor City Blvd, Melbourne, FL 32901

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