165 Babcock Street, Melbourne, FL 32935
$785,000
Property Type:
Commercial Sale
Square Footage:
6,465
Lot Size (sq. ft.):
22,216
Status:
Closed
Current Price:
$785,000
List Date:
12/16/2022
Last Modified:
11/02/2024
Description
This updated building located on busy North Babcock street could be used for office or retail. Current city of melbourne zoning of C2 commercial allows most commercial uses. Building is currently setup with multiple offices, exam rooms, main lobby, and a large open area. This building would be perfect for an owner to use half and lease ot the other half, it was formerly setup for two separate tenant suites, and could easily be split again giving two separate spaces with two separate electric meters. The roof was replaced in 2017. Owner financing is available to qualified buyers.
Tour the building here: https://youtu.be/khdDp0XYnL4
More Information MLS# 952729
Location, Tax, and Legal
Tax Account: 2727973
Parcel Number: 27-37-27-25-0000d.0-0044.00
General County Location: Central
Tax Annual Amount: 576.21
Tax Year: 2022
Tax Legal Description: ANNIE LAURIE GARDENS LOTS 44,45,46 & ELY 20 FT OF LOT 47 BLK D
Directions: From US1 turn on to Babcock street, proceed until you see the property on your left.
General Property Information
Number Of Units Total: 2
Building Area Total: 6465
Building Area Source: Other
Lot Size Acres: 0.51
Association YN: No
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Water Body Access YN: No
Waterfront YN: No
Use Code: 17 / OFFICE, ONE STORY
List Price/SqFt: 151.12
Sold Price/SqFt: 121.42
Year Built: 1985
Remarks and Miscellaneous
Public Remarks: This updated building located on busy North Babcock street could be used for office or retail. Current city of melbourne zoning of C2 commercial allows most commercial uses. Building is currently setup with multiple offices, exam rooms, main lobby, and a large open area. This building would be perfect for an owner to use half and lease ot the other half, it was formerly setup for two separate tenant suites, and could easily be split again giving two separate spaces with two separate electric meters. The roof was replaced in 2017. Owner financing is available to qualified buyers.
Tour the building here: https://youtu.be/khdDp0XYnL4
Cooling
Central Building: 1
Electric: 1
Current Use
Commercial: 1
Electric
100 Amp Service: 1
200+ Amp Service: 1
Flooring
Carpet: 1
Vinyl: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Security Features
Fire Alarm: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Building Features
% Air Conditioned or Heated: 100
Clear Ceiling Height: 8
Computer Wired: 1
Kitchen Facilities: 1
Lobby: 1
Med Plumbing: 1
Medical: 1
Office: 1
Rear Access: 1
Ceiling Type
Acoustic: 1
Location
City: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Legal/Misc-Home Warranty: No
Contract Information
Current Price: $785,000
OriginalListPrice: 1175000
Sold Price: $785,000
Status: Closed
Listing Contract Date: 2022-12-16
Property Sub Type: Business
Location Tax and Legal
Street Number: 165
Street Name: Babcock
Street Suffix: Street
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 323 - Eau Gallie
Status Change Information
Major Change Timestamp: 2023-11-11T09:38:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-22T20:57:02Z
StatusChangeDate: 2023-08-15
Purchase Contract Date: 2023-06-20
Close Date: 2023-08-07
Close Price: 785000
Property Features
Building Features: Computer Wired; Kitchen Facilities; Lobby; Med Plumbing; Medical; Office; Rear Access
Ceiling Type: Acoustic
Cooling: Central Building
Current Use: Commercial
Electric: 100 Amp Service; 200+ Amp Service
Flooring: Carpet; Vinyl
Heating: Central
Listing Terms: Cash; Conventional; Lease Option
Possession: Close Of Escrow; Negotiable
Sale Includes: Building & Land
Security Features: Fire Alarm
Sewer: Public Sewer
Showing Requirements: Call Listing Agent
Utilities: Cable Available
Water Source: Public
Listing Office:
Steven Shull
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.