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1365 S Us Highway 1

Vero Beach, FL 32962
  • $850,000
  • STATUS: Closed
  • ON SITE: 476 Days
  • MLS #: 266809
Sold - 11/17/2023
$850,000
SOLD - 11/17/2023
  • 0
    BEDS
  • 0.56
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1982
County:

School Ratings & Info

Description

7,000 SF Commercial Plaza on US-1 with 4 leased spaces on .56 acre. 272 feet of US-1 frontage. Major upside potential with current rents well below market rates. Two leases are month to month with the remining two expiring on 12/31/2023. Located near major retailers with high traffic counts.

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© 2024 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2024-06-24T23:37:05.513.
www.kellyfischerteam.com/homes/137496826
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1365 S Us Highway 1 Vero Beach, FL 32962

  • Price: $999,000
  • Status: Closed
  • On Site: 476 Days
  • Updated: 152 min ago
  • MLS #: 266809
0
Beds
0
Baths
0
½ Baths
0.56
Acres
1982
Built
Neighborhood:
Other
County:
Indian River
Area:
County Southeast
Property Description
7,000 SF Commercial Plaza on US-1 with 4 leased spaces on .56 acre. 272 feet of US-1 frontage. Major upside potential with current rents well below market rates. Two leases are month to month with the remining two expiring on 12/31/2023. Located near major retailers with high traffic counts.
Exterior Features

Construction Materials Frame Other Levels One Lot Features Item12to1 Acre Lot Parking Total 31 Roof Metal Other

Interior Features

Building Area Total 7000 Cooling Central Air Flooring Other Heating Central Heating YN Yes

Property Features

Buyer Financing Conventional Current Use Retail Gross Income 69600 Insurance Expense 14000 Listing Terms Cash New Loan Lot Size Dimensions 272x90 Maintenance Expense 880 Net Operating Income 45003 New Construction YN No Operating Expense 24597 Property Sub Type Retail Property Sub Type Additional Industrial Commercial Sewer County Sewer Utilities Expense 600 Water Source Public Zoning Zoning Description Commercial

Listing courtesy of Rennick Real Estate: 772-562-5015.


© 2024 REALTORS® Association of Indian River County, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kelly Fischer Team at ONE Sotheby's International Realty. Data last updated: 2024-06-24T23:37:05.513.
 
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Kelly Fischer Team at ONE Sotheby's International Realty
1006 Beachland Blvd
Vero Beach FL, 32963