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

Overview

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

Listing Details MLS# 952729

General Property Information

Number Of Units Total: 2
Building Area Total: 6465
Building Area Source: Other
Year Built: 1985
Lot Size Acres: 0.51
Property Use: C-OFFICE BUILDING - SINGLE TENANT - 1 STORY (1700)
Use Code: 17 / OFFICE, ONE STORY
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 151.12
Sold Price/SqFt: 121.42

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

Contract Information

Original List Price: 1175000
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

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

Status Change Information

Major Change Timestamp: 2023-11-11T09:38:07Z
Major Change Type: Price Reduced
Price Change Timestamp: 2023-02-22T20:57:02Z
Status Change Timestamp: 2023-08-15
Purchase Contract Date: 2023-06-20
Close Date: 2023-08-07
Close Price: 785000

More Information

Building Features

% Air Conditioned or Heated: 100
Clear Ceiling Height: 8

Historical Information

Public Historical Remarks 3: Legal/Misc-Home Warranty: No

Listing Office: Steven Shull

Last Updated: November - 02 - 2024

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