20 E Melbourne Ave - Medical FOR SALE


Melbourne, FL 32901- Downtown Melbourne
$2,750,000 USD
772-778-4885
20 E Melbourne Ave, Melbourne, FL for Sale
$2,750,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

20 E Melbourne Ave
Melbourne, FL 32901
Downtown Melbourne


OVERVIEW

Investment opportunity consisting of a 17,134 SF professional office complex situated on approximately 1.27 acres in Melbourne, Florida. The property contains five office units and is strategically located just off the major intersection of U.S. 192 and South Babcock Street, directly across from Florida Institute of Technology. The property benefits from extensive parking, multiple access points, professional office zoning, and substantial interior and exterior renovations. Its central Melbourne location provides convenient access throughout South Brevard County and positions the property within an established commercial and professional corridor. Offered at $2,750,000, approximately $160.50 per square foot.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

20 Professional Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

C1A

APN/PARCEL ID

28-37-03-55-00005.0-0001.00

ASK ABOUT THIS PROPERTY

Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

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Kirk Von Stein, CCIM, CPMCharles A. Von Stein, Inc.More Info
772-778-4885

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