620 E New Haven Ave | Melbourne, FL 32901
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
620 E New Haven Ave
Melbourne, FL 32901
Retail Property For Sale
Executive Summary
620 E New Haven Ave is a meticulously maintained mixed-use building featuring five apartments and two retail spaces. With annual income of gross income of $116,940, blending both residential and commercial income, gross and NNN, this property offers a diverse and stable revenue stream. The building has undergone extensive recent renovations, including a roof replacement, fresh paint, new impact-rated windows, a new front patio, landscaping improvements, parking lot replacement, and new air conditioning units. These comprehensive upgrades position the property for long-term, profitable holding with minimal near-term capital expenditures.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,002 SF
Building Class
C
Year Built/Renovated
1954/2022
Price
$1,750,000
Price Per SF
$437
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.48
Lot Size
0.19 AC
Zoning
C3
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
64 FT on East New Haven Avenue
Amenities
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 28-37-03-FC-00040.0-0007.00 | Improvements Assessment | $397,760 |
| Land Assessment | $245,700 | Total Assessment | $643,460 |
PROPERTY TAXES
Parcel Number
28-37-03-FC-00040.0-0007.00
Land Assessment
$245,700
Improvements Assessment
$397,760
Total Assessment
$643,460
Learn More About Investing in Retail Properties
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
