Marcus & Millichap is pleased to present 1363, 1367, 1385 & 1395 Cypress Avenue in Melbourne, Florida. This ±14,260 square feet mixed use property is comprised of 16 small bay units averaging 891 square feet in size, offering flexible configurations ideal for local service and retail tenants. Currently, roughly 92% of tenants are on short term leases averaging just $13 per square foot. This presents a value-add opportunity for an investor to reposition the tenancy and increase rental income to market levels. The subject property is located just 1 minute from the Eau Gallie Arts District (EGAD). The EGAD, established in 2010, is an accredited Florida Main Streat program, which is a subsidiary of the National Trust for Historic Preservation. This program is designed to preserve and promote the area’s historic character while fostering arts-driven economic development. Strategically positioned on Cypress Avenue, W Eau Gallie Blvd, and N Harbor City Blvd (US-1), the property is exposed to ±80,000 vehicles per day. These corridors serve as a vital connector between Indian Harbour Beach and the East Coast of Florida. Additionally, the subject property is located less than 3.5 miles from Melbourne Orlando International Airport.