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478 N Babcock Street, Melbourne, FL

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478 N Babcock Street

Melbourne, FL 32935-6864 - Brevard County Submarket

Property Type:Office Sub Type:- Status:Existing Year Built:1953
Stories:1 Typical Floor:10,915 SF Building Size:10,915 SF
For Sale Price:$900,000 Price/SF:$82.46
Cap Rate:-
10,915 SF is available to occupy upon purchase.

Sale Notes:
Area Description:
Convenient central Melbourne location less than 300 feet off of Highway US 1 at 478 N Babcock Street, Melbourne, Brevard County, FL 32935. The building is on the SW corner of Babcock and Poinciana Drive and the parking lot is on the NW corner of Poinciana and Babcock. Eau Gallie Boulevard, 1.2 miles north is the causeway access to the beach communities and the Atlantic Ocean to the east and connects to Interstate 95 at Eau Gallie Interchange Exit 183, 6 miles west of the site. The property is 2 miles from Melbourne International Airport and 2 miles from Holmes Regional Medical Center.

Property Description:
Free standing office corner location with easy access to US 1, great visibility, and ample parking. Commercial office - 10,915 SF concrete block / stucco built in 1953 with bar joist rigid roof with rolled composition membrane. Office building has layout as prior medical training facility with numerous large, medium, and small classrooms with many windows for natural lighting. Layout includes lobby, offices, break room, storage, and three restrooms. Total acreage is .74 acres and total parking is 36 spaces. Building parcel has 16 parking spaces (1 HC) and parking lot parcel has an additional 20 parking places. Building sits on .51 acres with 170 feet Babcock Street frontage and parking lot is additional .23 acres with 85 ft frontage on Babcock. Utilities are City of Melbourne Water/Sewer. C-2 General Commercial District City of Melbourne zoning and General Commercial land use. Property is well landscaped, has front sidewalk, ample parking, and lighted pylon signage. Building Parcel ID: 27-37-21-00-00768.0-0000.00 / Tax Acct: 2724571 / Parking lot Parcel ID: 27-37-21-00-00767.0-0000.00 / Tax Acct: 2724570 / Combined RE Tax: $14,612.

Dreyer & Associates Real Estate Group
Michael E Dreyer
(321) 777-7743

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