701 S Apollo Blvd - Storefront Retail/Office FOR SALE


Melbourne, FL 32901
$1,575,000 USD
772-577-8970
701 S Apollo Blvd, Melbourne, FL for Sale
$1,575,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

NEW


701 S Apollo Blvd
Melbourne, FL 32901


HIGHLIGHTS

  • 7,200 SF stand alone commercial bldg.
  • 6 RTU's replaced 2022
  • Resealed roof 2022
  • Flexible CP zoning permitting multiple uses
  • Centrally located in the hospital district
  • CBS Construction with twin T concrete roof design

OVERVIEW

Opportunity for Owner/User or Investor to own a stand alone 7,200 SF CBS construction commercial bldg. The property is presently used by a commercial printing business that will vacate upon sale. CP (Commercial Parkway) zoning permits multiple uses including Retail, Office, Restaurant, Automotive Sales/Service, Child Care, Veterinary, Churches, Schools and more. Site includes 29 paved parking spaces. Bldg. has (6) Roof top HVAC units (2022) and entire bldg. is Ac'd. Floorplan features larger open areas with 12ft ceiling heights and concrete floors. Seller has invested approximately $270,000 in property improvements since purchasing in 2022 ( including 6 RTU's, resealed roof, resealed parking lot, some updates to electrical and plumbing systems, new paint and lighting).

FOR SALE DETAILS

PRICE

$1,575,000 USD

PRICE/SF

$205 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront Retail/Residential, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

cp

APN/PARCEL ID

27-37-34-00-00277.0-0000.00

ASK ABOUT THIS PROPERTY

Katie ParadaSLC CommercialMore Info
772-577-8970

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Katie ParadaSLC CommercialMore Info
772-577-8970

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