$1,675,000
$1,995,000
16.0%For more information regarding the value of a property, please contact us for a free consultation.
3 Baths
6,990 SqFt
SOLD DATE : 05/29/2024
Key Details
Sold Price $1,675,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,990 sqft
Price per Sqft $239
MLS Listing ID 1006516
Sold Date 05/29/24
Total Fin. Sqft 6990
Originating Board Space Coast MLS (Space Coast Association of REALTORS®)
Year Built 1953
Annual Tax Amount $7,974
Tax Year 2023
Property Sub-Type Industrial
Property Description
Prime US Hwy 1 frontage comprising of 3 parcels totaling 0.91 acres with 170 ft of US Hwy 1 frontage and additional access points & frontage on 11th St and Commerce Ave. Currently set up with 4 structures including a 3,782 SF free standing commercial building, a separate 1,800 SF free standing auto repair building, a 1,288 SF residential duplex and a 120 SF metal storage structure. Ideal redevelopment site with over 23,500 cars passing each day. Very visible location with major retailers all around. Existing income in place while developing. Owner financing possible of 70% LTV at 7% interest.
Location
State FL
County Indian River
Area 904 - Indian River
Direction Located on the east side of US Hwy 1 at the SE corner of 11th St.
Exterior
Exterior Feature ExteriorFeatures
Parking Features Carport, Off Street, Parking Lot, Other
Roof Type Shingle,Rolled/Hot Mop
Road Frontage Highway
Garage No
Building
Lot Description Other
Sewer Unknown
Water Public
Others
Senior Community No
Tax ID 3339120001100400000.0
ParcelsYN Yes
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Bought with Dale Sorensen Real Estate Inc.
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