Pocahontas Building 2101 14th Ave 25,670 SF 100% Leased Retail Building Vero Beach, FL 32960 $4,975,000 ($193.81/SF)
INVESTMENT HIGHLIGHTS
- Stable Income
- Historical Building in Vero Beach
EXECUTIVE SUMMARY
Originally constructed in 1925, has approximately 12,940 SqFt of rentable ground-floor commercial space and roughly 12,730 SqFt of rentable second-floor apartment space. Uniquely positioned in the Vero Beach downtown district, this property benefits from foot traffic and proximity to a mix of retailers and businesses. This asset has a diverse tenant mix, with low vacancy, stable income, and the opportunity to invest in capital improvements that boost commercial and residential rents.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
25,670 SF
Building Class
C
Year Built/Renovated
1925/1984
Price
$4,975,000
Price Per SF
$193.81
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.25
Lot Size
0.47 AC
Zoning
C2A - Primarily intended for retail businesses, but may include some office uses depending on local regulations.
Parking
10 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
112’ on 21st Street
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 33-39-02-00001-0350-00010.0 | Improvements Assessment | $802,675 |
| Land Assessment | $125,888 | Total Assessment | $928,563 |
