618 Washburn Rd - Manufacturing FOR SALE


Melbourne, FL 32934- Suburban Melbourne
$2,050,000 USD
603-244-8052
618 Washburn Rd, Melbourne, FL for Sale
$2,050,000 USD
Manufacturing - FOR SALE
1/14
null | Request Cap Rate

618 Washburn Rd
Melbourne, FL 32934
Suburban Melbourne


OVERVIEW

The Industrial Team at Lightle Beckner Robison, inc. is pleased to present an exclusive offer to purchase 618 Washburn Road in Melbourne, Florida. The property consists of 15,000 rentable square feet across 5 units and sits on 1.00 acres. The building is currently divided into five separate units ranging from 1,500-4,500 square feet; there are three tenants occupying units A,C, & D (See brochure for lease terms), and units B & E are vacant. This presents an excellent opportunity for owner-users seeking to establish their own facility, while also serving as a prime value-add investment opportunity for an owner-user to occupy a portion of the building and lease the remainder out to other businesses or for buyers to lease up the vacant units at market rates. Recent improvements include the following: -Concrete driveway renovations -New HVAC in Unit A -Common area restroom renovations in 2025 -Building re-paint in 2025 -Gutter and downspout replacement -Bay door replacement -Metal siding replacement -LED lighting in each unit Contact our team to learn more about this opportunity on the Space Coast! Located off of Sarno Road, approximately 1.5 miles from I-95. With over 6,100,000 square feet of industrial space in a two-mile radius, 618 Washburn Rd is closely surrounded by manufacturers and distributors including Amazon, Pepsi-Cole, Microsoft, and Fed-Ex.

FOR SALE DETAILS

PRICE

$2,050,000 USD

PRICE/SF

$137 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

Lighting, Water

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

M1

APN/PARCEL ID

27-36-24-50-00000.0-0017.00

ASK ABOUT THIS PROPERTY

Luke BrownLightle Beckner Robison, Inc.More Info
603-244-8052

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Luke BrownLightle Beckner Robison, Inc.More Info
603-244-8052

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