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 |
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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 |
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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 |
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Is Waterfront | No |
Interior
Appliances | Building and Land |
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Heating | Central |
Cooling | Central |
# of Stories | 1 |
Exterior
Lot Description | 3 Parcel Commercial |
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Roof | Comp Shingle, Comp Rolled |
Construction | Block, Concrete |
Additional Information
Date Listed | March 1st, 2024 |
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Days on Market | 77 |
Zoning | CH |
RE / Bank Owned | No |