1550 Old Colonial Way
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1550 Old Colonial Way
2,000 SF Industrial Building Melbourne, FL 32935 $459,000 ($230/SF)
Investment Highlights
- Versatile 2,000 SF Metal Building with Prime US 1 Frontage – Ideal for Automotive or Industrial Use!
Executive Summary
This well-maintained metal building offers 2,000 square feet of functional space, complete with three bay doors and convenient frontage on US 1. Centrally located between the Pineda Causeway and the 192 Causeway, it provides excellent accessibility for both customers and suppliers. Currently used as an automotive shop, this property is available for purchase (building only) and is rented on a month-to-month basis, offering flexibility for new ownership. City utilities, low taxes (approx. $2,604/year), and a competitive listing price of $459,000 make this property an outstanding investment opportunity.
Property Facts
| Price | $459,000 | Lot Size | 0.45 AC |
| Price Per SF | $230 | Rentable Building Area | 2,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1978 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 2/1,000 SF |
| Price | $459,000 |
| Price Per SF | $230 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.45 AC |
| Rentable Building Area | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Tenancy | Single |
| Parking Ratio | 2/1,000 SF |
Amenities
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 27-37-05-03-0000F.0-0011.00 | Improvements Assessment | $32,590 |
| Land Assessment | $106,450 | Total Assessment | $139,040 |
PROPERTY TAXES
Parcel Number
27-37-05-03-0000F.0-0011.00
Land Assessment
$106,450
Improvements Assessment
$32,590
Total Assessment
$139,040
zoning
| Zoning Code | C (Commercial) |
| C (Commercial) |
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1550 Old Colonial Way
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