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1424 Us-1

Sebastian, FL 32958
  • $1,995,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • MLS #: 949261
Under Contract
UPDATED: 35 min ago
$1,995,000
  • 0
    BEDS
  • 1.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,600
    SQFT
  • $208
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1997

School Ratings & Info

Description

Riverfront Commercial Center in Sebastian offering 9,640 SF on 1.37 acres. 11% CAP Rate potential! Currently split into 3 spaces previously used for medical - zoned commercial. 223 ft of frontage on US-1 w 22,000 vehicles passing daily. Indian River Dr frontage w additional access, 60 parking spaces, ADA compliant, solid CBS construction w metal roof, storm protection & more!

Monthly Payment Calculator



© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Engle Group of Brevard | eXp Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Engle Group of Brevard | eXp Realty.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-01T20:12:06.14.
www.englegroupbrevard.com/homes/134295198
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1424 Us-1 Sebastian, FL 32958

  • Price: $1,995,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 35 min ago
  • MLS #: 949261
0
Beds
0
Baths
0
½ Baths
1.37
Acres
9,600
SQFT
$208
$/SQFT
1997
Built
Neighborhood:
904 - Indian River
Area:
904 - Indian River
Property Description
Riverfront Commercial Center in Sebastian offering 9,640 SF on 1.37 acres. 11% CAP Rate potential! Currently split into 3 spaces previously used for medical - zoned commercial. 223 ft of frontage on US-1 w 22,000 vehicles passing daily. Indian River Dr frontage w additional access, 60 parking spaces, ADA compliant, solid CBS construction w metal roof, storm protection & more!
Exterior Features

Construction BlockConcrete Roof Metal Water Frontage Description Indian River Waterfront Present Yes

Interior Features

Clear Ceiling Height 9600.00 Cooling Central AirElectric Flooring CarpetTileVinyl Heating CentralElectric

Property Features

Available Info Copies Of Lease Building Info Loading DockLobbyPrivate RestroomPublic RestroomReception AreaSeparate Office Area Current Lease 1 - 3 Years Current Zoning Cwr Fire Protection Smoke Detector Gross Operating Income 288049.00 Net Operating Income 222596.00 Possession At ClosingSubject To Lease Real Estate Taxes 25373.00 Sale Includes Building & Land Special Info Presently Leased Tax Year 2022 Tenant Pays ElectricSewerWater Terms Considered CashConventional Utilities Public SewerPublic Water

Listing provided courtesy of Ron Rennick Auctions, Inc.: (772) 562-5015.
© 2022 Space Coast Association of REALTORS®, Inc. All Rights Reserved.


© 2022 Space Coast Association of REALTORS®, Inc. The data relating to real estate for sale or lease on this web site comes in part from the Brevard County Broker Reciprocity Database. Real estate listings held by brokerage firms other than Engle Group of Brevard | eXp Realty are marked with the IDX logo and detailed information about them includes the name of the listing broker. Information is deemed reliable but is not guaranteed accurate by the MLS or Engle Group of Brevard | eXp Realty.IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-12-01T20:12:06.14.
 
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Engle Group of Brevard | eXp Realty
7667 N. Wickham Rd #FFF
Melbourne FL, 32940