1120 S Wickham Road, West Melbourne, FL 32904
$875,000
Property Type:
Commercial Sale
Square Footage:
9,009
Lot Size (sq. ft.):
42,253
Status:
Closed
Current Price:
$875,000
List Date:
11/04/2021
Last Modified:
11/02/2024
Description
Gager Plaza is a 9,099 sq. ft. retail/office building with five rental units in a high traffic area on Wickham Road and... it's all currently leased! Each unit is metered separate for electric and water. The property is zoned CW (Commercial Wickham) with Commercial FLU (Future Land Use.) A large concrete parking lot features light poles and 148' of Wickham Rd frontage. There is a low profile roadside sign and rear access with extra parking.
More Information MLS# 919821
Location, Tax, and Legal
Tax Account: 2705733
Parcel Number: 27-36-36-77-B-2
General County Location: Central
Directions: Sarno to south on Wickham Property on the west side of the road
General Property Information
Number Of Units Total: 5
Stories Total: 1
Building Area Total: 9009
Lot Size Acres: 0.97
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: 108.23
Sold Price/SqFt: 97.13
Year Built: 1986
Remarks and Miscellaneous
Public Remarks: Gager Plaza is a 9,099 sq. ft. retail/office building with five rental units in a high traffic area on Wickham Road and... it's all currently leased! Each unit is metered separate for electric and water. The property is zoned CW (Commercial Wickham) with Commercial FLU (Future Land Use.) A large concrete parking lot features light poles and 148' of Wickham Rd frontage. There is a low profile roadside sign and rear access with extra parking.
Construction Materials
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
150 Amp Service: 1
200+ Amp Service: 1
220 Volts: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 76152
Insurance Expense: 4577
Manager Expense: 2238
New Taxes Expense: 13311
Trash Expense: 1238
Roof
Rolled/Hot Mop: 1
Security Features
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Utilities
Other: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Ceiling Type
Acoustic: 1
Location
City: 1
Sale Includes
Building & Land: 1
Business with Lease: 1
Historical Information
Public Historical Remarks 3: Expenses-Maint & Repair: 1249, Expenses-Accounting & Legal: 550
Contract Information
Current Price: $875,000
OriginalListPrice: 975000
Sold Price: $875,000
Status: Closed
Listing Contract Date: 2021-11-03
Property Sub Type: Business
Location Tax and Legal
Street Number: 1120
Street Direction Prefix: S
Street Name: Wickham
Street Suffix: Road
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 331 - West Melbourne
Subdivision Name: Melbourne Village Gardens Plat of Unit No 1
Status Change Information
Major Change Timestamp: 2021-12-18T13:06:30Z
Major Change Type: Status Change
StatusChangeDate: 2021-12-18
Purchase Contract Date: 2021-11-19
Close Date: 2021-12-17
Close Price: 875000
Property Features
Ceiling Type: Acoustic
Construction Materials: Stucco
Cooling: Central Air
Current Use: Commercial
Electric: 100 Amp Service; 150 Amp Service; 200+ Amp Service; 220 Volts
Flooring: Carpet; Vinyl
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option
Possession: Close Of Escrow
Roof: Rolled/Hot Mop
Sale Includes: Building & Land; Business with Lease
Security Features: Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Corporate Owned
Utilities: Other
Water Source: Public
Listing Office:
Realty World Curri Properties
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.