1020 W Eau Gallie Boulevard, Melbourne, FL 32935

$2,150,000

Property Type: Commercial Sale Square Footage: 22,130 Lot Size (sq. ft.): 77,101 Status: Closed

Current Price: $2,150,000 List Date: 8/02/2021 Last Modified: 11/02/2024

Description

Incredible investment opportunity in the heart of Melbourne near the growing Eau Gallie Arts District. This Income-producing, professional office building is 22,000 sqft and situated on 1.77 acres off Eau Gallie Blvd. With high traffic count and great exposure, this well-maintained building boosts 7 suites that are 100% leased with long-term, established tenants. Each suite has a private front and back entrance and 1-2 private bathrooms in each suite . Suite I includes a loading dock and 2 large bay doors. Conveniently located near the Melbourne Airport, US 1, I95, the Beaches, and the growing Space Industry. Prime location in a strong and continually growing county only 45 minutes from Orlando. Rent rolls and financials available upon request. Floor plans and property video available.

More Information MLS# 882847

Location, Tax, and Legal

Tax Account: 2716893 Parcel Number: 27-37-16-25-00000.0-0001.02 General County Location: Central Tax Annual Amount: 27863.4 Tax Year: 2020 Tax Legal Description: EAU GALLIE, VILLAGE PLAT OF PART OF OUTLOT 1 AS DESC IN ORB 2956 PG 1969 Directions: US1 or I95 to Eau Gallie. 1020 Just West of US1 and between Eau Gallie and Creel St.

General Property Information

Number Of Units Total: 7 Building Area Total: 22130 Lot Size Acres: 1.77 Association YN: No Property Use: C-OFFICE BUILDING - MULTI TENANT - 1 STORY (1710) Water Body Access YN: No Use Code: 17 / OFFICE, ONE STORY List Price/SqFt: 109.35 Sold Price/SqFt: 97.15 Year Built: 1999

Remarks and Miscellaneous

Public Remarks: Incredible investment opportunity in the heart of Melbourne near the growing Eau Gallie Arts District. This Income-producing, professional office building is 22,000 sqft and situated on 1.77 acres off Eau Gallie Blvd. With high traffic count and great exposure, this well-maintained building boosts 7 suites that are 100% leased with long-term, established tenants. Each suite has a private front and back entrance and 1-2 private bathrooms in each suite . Suite I includes a loading dock and 2 large bay doors. Conveniently located near the Melbourne Airport, US 1, I95, the Beaches, and the growing Space Industry. Prime location in a strong and continually growing county only 45 minutes from Orlando. Rent rolls and financials available upon request. Floor plans and property video available.

Cooling

Central Air: 1 Electric: 1

Current Use

Commercial: 1

Flooring

Other: 1

Heating

Central: 1 Electric: 1

Listing Terms

Lease Option: 1

Possession

Close Of Escrow: 1

Security Features

Smoke Detector(s): 1

Sewer

Public Sewer: 1

Special Listing Conditions

Corporate Owned: 1

Water Source

Public: 1

Showing Requirements

Appointment Only: 1 Call Listing Agent: 1

Building Features

Clear Ceiling Height: 22130 Loading Dock: 1

Existing Lease Type

Gross: 1

Sale Includes

Building & Land: 1

Contract Information

Current Price: $2,150,000 Original List Price: 2450000 Sold Price: $2,150,000 Status: Closed Listing Contract Date: 2020-08-14 Property Sub Type: Business

Location Tax and Legal

Street Number: 1020 Street Direction Prefix: W Street Name: Eau Gallie Street Suffix: Boulevard County: Brevard State: FL Postal Code: 32935 MLS Area Major: 323 - Eau Gallie Subdivision Name: None

Status Change Information

Major Change Timestamp: 2023-11-11T09:37:00Z Major Change Type: Price Reduced Price Change Timestamp: 2021-05-17T16:42:24Z Status Change Timestamp: 2021-12-04 Purchase Contract Date: 2021-10-27 Close Date: 2021-11-19 Close Price: 2150000

Property Features

Building Features: Loading Dock Cooling: Central Air; Electric Current Use: Commercial Existing Lease Type: Gross Flooring: Other Heating: Central; Electric Listing Terms: Lease Option Possession: Close Of Escrow Sale Includes: Building & Land Security Features: Smoke Detector(s) Sewer: Public Sewer Showing Requirements: Appointment Only; Call Listing Agent Special Listing Conditions: Corporate Owned Water Source: Public

Listing Office: Denovo Realty

Last Updated: November - 02 - 2024

Information is deemed to be reliable, but is not guaranteed.