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4410 38th Avenue

Vero Beach, FL 32967
  • $399,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 268860
$399,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1955
County:

School Ratings & Info

Description

Endless opportunity for cash flow with this rare & unique income producing property that includes a fully equipped restaurant with large brick chimney BBQ pit & separate detached 7 room 2 bathroom 965 SQFT commercial building, being operated as a rooming house. Highlights include ample parking, new $5000 grease trap, corner lot & low operating expenses. Restaurant equipped w/commercial gas appliances and courtyard area, great for outside dining! Detached commercial building was formally permitted & annually inspected by the state as a rooming house, until FL stopped overseeing rooming houses.

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© 2023 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: 2023-06-06T23:43:37.553.
www.kellyfischerteam.com/homes/139940849
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4410 38th Avenue Vero Beach, FL 32967

  • Price: $399,000
  • Status: Active
  • On Site: 11 Days
  • MLS #: 268860
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1955
Built
Neighborhood:
Gifford
County:
Indian River
Area:
County Central
Property Description
Endless opportunity for cash flow with this rare & unique income producing property that includes a fully equipped restaurant with large brick chimney BBQ pit & separate detached 7 room 2 bathroom 965 SQFT commercial building, being operated as a rooming house. Highlights include ample parking, new $5000 grease trap, corner lot & low operating expenses. Restaurant equipped w/commercial gas appliances and courtyard area, great for outside dining! Detached commercial building was formally permitted & annually inspected by the state as a rooming house, until FL stopped overseeing rooming houses.
Exterior Features

Construction Materials BlockOtherConcrete Levels One Lot Features CornerlotItem14acre Parking Total 10 Road Frontage Type Countyroad Road Surface Type Paved Roof BuiltupOtherShingleTargravel

Interior Features

Building Area Total 1349 Building Features Publicrestrooms Cooling CeilingfansElectricWindowunits Cooling YN Yes Flooring ConcreteOtherTileVinyl Heating None Heating YN No

Property Features

Current Use Restaurant Gross Income 64800 Insurance Expense 0 Listing Terms CashNewloan Lot Size Dimensions 80X90 Maintenance Expense 0 Net Operating Income 58289 New Construction YN No Operating Expense 6511 Property Sub Type Industrial Property Sub Type Additional IndustrialCommercial Security Features Firealarm Sewer Countysewer Utilities Expense 3780 Water Source Public Zoning CL Zoning Description Commercial

Listing courtesy of Atlantic Shores Realty Execs: 772-228-2111.


© 2023 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: 2023-06-06T23:43:37.553.
 
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Kelly Fischer Team at ONE Sotheby's International Realty
1401 Highway A1A
Vero Beach FL, 32963