113-119 5th Ave - Freestanding FOR SALE


Indialantic, FL 32903
$1,300,000 USD
321-722-0707
113-119 5th Ave, Indialantic, FL for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

113-119 5th Ave
Indialantic, FL 32903


HIGHLIGHTS

  • Value Add
  • Walking Distance to the Beach
  • Downtown Setting

OVERVIEW

Introducing a prime Value-Add investment opportunity in the thriving Indialantic area. This 6,037 SF property features 4 fully occupied units, providing a stable and lucrative income stream for retail and strip center investors. With 100% occupancy with tenants paying under market rent, this desirable building presents a strong financial profile and excellent potential for long-term success. The property's strategic location in the heart of Indialantic ensures high visibility and accessibility for businesses, while offering an attractive opportunity for savvy investors seeking a rewarding addition to their portfolio.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C

APN/PARCEL ID

27-38-31-EO-00027.0-0012.00

ASK ABOUT THIS PROPERTY

Vitor De Sousa, CCIMLightle Beckner Robison, Inc.More Info
321-722-0707

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Vitor De Sousa, CCIMLightle Beckner Robison, Inc.More Info
321-722-0707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.