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670 2nd Ln

6,000 SF 50% Leased Industrial Building Vero Beach, FL 32962 $825,000 ($138/SF)

Investment Highlights

  • Fully Leased Investment Property
  • NNN Leases
  • CBS Construction
  • Flexible Heavy Commercial Zoning
  • Long Term Tenants
  • Value Add Opportunity

Executive Summary

6,000sf dual tenant commercial building, each tenant bay is 3,000sf. CBS construction with metal roof, built in 1986. Situated on .65ac zoned Heavy Commercial (CH) Indian River County, FL. Bay (670) is currently vacant. This bay has a small o?ce, 1 bathroom and an open rear warehouse of 2,900sf+/-. Front of bay has (2) roll up doors (12 x 12). Other Tenant in Bay (680) is an auto body repair business that has been in area for many years. This bay has a small o?ce, 2 bathrooms, paint booth and open warehouse area. Front of bay has (4) roll up doors (12 x 12). Asphalt parking lot with marked spaces. Below market (NNN) rent o?ering value add to an investor with lease expiring within less than 1 yr. Ideal for Owner/User to occupy vacant Bay (670) or lease for additional income.

Property Facts

Price $825,000
Price Per SF $138
Sale Type Investment
Property Type Industrial
Property Subtype Distribution
Building Class B
Lot Size 0.65 AC
Rentable Building Area 6,000 SF
No. Stories 1
Year Built 1986
Parking Ratio 1/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl - 670 & 680
  • 3,000 SF
  • Industrial
  • Shell Space
  • Now

6,000 sf Industrial building currently offering 3,000 sf +/- vacancy (available 1/1/25). CBS building with metal roof built in 1986. Zoned Heavy Commercial (CH) in Indian River County. Unit has two roll up doors 12 X 12. Asphalt parking lot with marked spaces.

Space Size Space Use Condition Available
1st Fl - 670 & 680 3,000 SF Industrial Shell Space Now

1st Fl - 670 & 680

Size
3,000 SF
Space Use
Industrial
Condition
Shell Space
Available
Now

1st Fl - 670 & 680

Size 3,000 SF
Space Use Industrial
Condition Shell Space
Available Now

6,000 sf Industrial building currently offering 3,000 sf +/- vacancy (available 1/1/25). CBS building with metal roof built in 1986. Zoned Heavy Commercial (CH) in Indian River County. Unit has two roll up doors 12 X 12. Asphalt parking lot with marked spaces.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-39-13-00015-0000-00003.0
Land Assessment
$120,335
Improvements Assessment
$216,538
Total Assessment
$336,873

zoning

Zoning Code CH (Heavy Commercial)
CH (Heavy Commercial)
  • Listing ID: 31832890

  • Date on Market: 5/16/2024

  • Last Updated:

  • Address: 670 2nd Ln, Vero Beach, FL 32962

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