2106 S US Highway 1 - Freestanding FOR SALE


Vero Beach, FL 32962
$2,295,000 USD
561-301-9994
2106 S US Highway 1, Vero Beach, FL for Sale
$2,295,000 USD
Freestanding - FOR SALE
1/22
null | Request Cap Rate

NEW


2106 S US Highway 1
Vero Beach, FL 32962


HIGHLIGHTS

  • High Vehicle Traffic- High Visibility- Easy Access with Ample Parking
  • Building has 9' to 29'ceiling hieghts.
  • Open Floor Plan for Various Business Applications
  • Professionally Landscaped

OVERVIEW

2106 S US Hwy 1 in Vero Beach, Florida, offers a significant investment opportunity due to its prime location, diverse zoning possibilities, and recent upgrades. The property boasts 485 feet of frontage on nearly 2 acres, providing high visibility and accessibility. It is strategically located with heavy vehicle traffic and a dedicated turn lane, enhancing its appeal for various business operations. The building is approximately 5,950 sq. ft., constructed in 2009, and built to exceed local building codes. Ceiling heights range from 9' to 26', offering flexibility for different business applications. It includes three bathrooms for convenience. The property is connected to city water and sewer systems, ensuring reliable utilities. Recent upgrades include a newer air conditioning system, an updated water heater, and an electrical panel for improved efficiency and safety. The property is zoned as commercial/R-6, allowing for a wide range of business uses such as retail outlets, auto/motorcycle dealerships, medical centers, recreational facilities, and childcare centers 1. There is also potential to construct an additional building on the included R-6 zoned land, providing an opportunity for further development and increased return on investment The property was listed for $2,700,000. Recently reduced to $2,2950,000. It is classified as a mixed-use property. Potential owner financing is available, making it more accessible to interested buyers. Prime Vero Beach location on US Hwy1 with 485 feet of frontage on nearly two acres, ensuring high visibility and accessibility with heavy vehicle traffic and a dedicated turn lane into the property. The 5950 building was constructed in 2009, with interior heights 9' to 26', providing flexibility for various business operations. The property includes three bathrooms, city water/sewer, with an updated air conditioner, water heater, and electrical panel. The property is zoned commercial with an additional R-6 parcel included, allowing diverse business applications, such as retail, boat/auto/motorcycle dealerships, medical center, recreation facilities, childcare, and more, with expansion potential.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$386 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Dealership, Day Care Center, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

(CG) & (RS-6)

APN/PARCEL ID

33-40-31-00000-7000-00001.0,33-40-31-00005-0060-00001.0

ASK ABOUT THIS PROPERTY

Carlos OrsThe Core TeamMore Info
561-301-9994

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Carlos OrsThe Core TeamMore Info
561-301-9994

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