BAILEY INVESTMENTS | 2315 14th Ave
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BAILEY INVESTMENTS 2315 14th Ave
5,000 SF Office Building Vero Beach, FL 32960 $1,399,000 ($280/SF)
Investment Highlights
- HEAVY DAY TIME TRAFFIC
- PUBLIC PARKING
- NEW ROOF
Executive Summary
In the heart of downtown on 14th St, opportunity knocks! This property boasts TWO hard corner 50x125 lots zoned C1-B commercial, featuring a 5,000 sq ft concrete block building with a new roof and fresh exterior, both completed in 2024. Inside, the space is thoughtfully divided into 1,250 sq ft of air-conditioned office space and 3,750 sq ft of warehouse space. With city water and sewer connections, a public parking lot just across the street, and a tenant secured through June 2025, this single-owner property offers limitless potential. Build additional space on the south lot, redevelop into a multi tenant building or add parking.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Building Size
5,000 SF
Building Class
C
Year Built
1955
Price
$1,399,000
Price Per SF
$280
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,000 SF
Building FAR
0.38
Land Acres
0.30 AC
Zoning
C-1B - zoned C1-B commercial
Parking
22 Spaces (4.4 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Accent Lighting
- Storage Space
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- TK Elevator
- Manufacturing
- 5,000 SF
- -
- Triple Net
- Jun 2025
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| TK Elevator | Manufacturing | 5,000 SF | - | Triple Net | Jun 2025 |
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Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (71)
PROPERTY TAXES
| Parcel Number | 33-39-02-00001-0190-00006.0 | Improvements Assessment | $181,258 |
| Land Assessment | $31,875 | Total Assessment | $213,133 |
PROPERTY TAXES
Parcel Number
33-39-02-00001-0190-00006.0
Land Assessment
$31,875
Improvements Assessment
$181,258
Total Assessment
$213,133
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Thomas 'TP' Kennedy - TP Kennedy Group
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BAILEY INVESTMENTS | 2315 14th Ave
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