.91 Acre Site (3 Parcels) Us1 Street, Vero Beach, FL

$1,995,000

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6,990

Square feet

0.91

Acres

About .91 Acre Site (3 Parcels) Us1 Street

Prime US Hwy 1 frontage comprising of 3 parcels totaling 0.91 acres with 170 ft of US Hwy 1 frontage and additional access points & frontage on 11th St and Commerce Ave. Currently set up with 4 structures including a 3,782 SF free standing commercial building, a separate 1,800 SF free standing auto repair building, a 1,288 SF residential duplex and a 120 SF metal storage structure. Ideal redevelopment site with over 23,500 cars passing each day. Very visible location with major retailers all around. Existing income in place while developing. Owner financing possible of 70% LTV at 7% interest.

Features of .91 Acre Site (3 Parcels) Us1 Street

MLS® # RX-10964629
Price $1,995,000
Square Footage 6,990
Acres 0.91
Year Built 1953
Type Commercial
Sub-Type Retail, Industrial, Income
Style Automotive, Mini Warehouse, Office/Retail, Office Space, Resident. Multi-Fam., Retail, Industrial
Status Active Under Contract

Community Information

Address .91 Acre Site (3 Parcels) Us1 Street
Area 5940
Subdivision ROSEDALE GARDENS SUB
City Vero Beach
County Indian River
State FL
Zip Code 32960

Amenities

Utilities 3-Phase Electric, Cable, Public Water
Is Waterfront No

Interior

Appliances Building and Land
Heating Central
Cooling Central
# of Stories 1

Exterior

Lot Description 3 Parcel Commercial
Roof Comp Shingle, Comp Rolled
Construction Block, Concrete

Additional Information

Date Listed March 1st, 2024
Days on Market 77
Zoning CH
RE / Bank Owned No

Listing Details

Listing Map

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