1747 Evans Road, Melbourne, FL 32904
$2,200,000
Property Type:
Commercial Sale
Square Footage:
8,005
Lot Size (sq. ft.):
46,174
Status:
Closed
Current Price:
$2,200,000
List Date:
10/12/2023
Last Modified:
11/02/2024
Description
Stunning class A building in prime location off Evans and west of the Melbourne Square Mall. Daily traffic count is 17,000+ from Evans Rd & 33,000+ from W. New Haven Ave only .25 miles away. The property consists of 3 offices (separately metered), 60 parking spaces with ample spill over parking, entire roof was replaced between 2020-2021, newer HVAC with high end finishes. Currently marketing the smaller units (102 &103) for long term tenants unless a buyer wishes to take occupancy. The current practice in 101 plans to sign a 3-5 year lease prior to the sale of the property. Gross income is based off current market leases and projections. Make your appointment today.
More Information MLS# 977519
Location, Tax, and Legal
Tax Account: 2858401
Parcel Number: 28-37-06-00-00034.0-0000.00
General County Location: South
Tax Annual Amount: 17046
Tax Year: 2021
Tax Legal Description: PART OF LOT 32 & PART OF LOT 25 OF SEC 5 ALL OF PB 1 PG 164 AS DESC IN ORB 4284 PG 3540
Directions: From 192 turn north on Evans Rd. The property sits on the West end of Melbourne Square Mall next to El Chico's restaurant.
General Property Information
Number Of Units Total: 3
Building Area Total: 8005
Lot Size Acres: 1.06
Association YN: No
Property Use: C-PROFESSIONAL BUILDING - MULTI TENANT - 1 STORY (1910)
Water Body Access YN: No
Waterfront YN: No
Use Code: 19 / PROFESSIONAL BUILDING
List Price/SqFt: 374.77
Sold Price/SqFt: 274.83
Year Built: 2002
Remarks and Miscellaneous
Public Remarks: Stunning class A building in prime location off Evans and west of the Melbourne Square Mall. Daily traffic count is 17,000+ from Evans Rd & 33,000+ from W. New Haven Ave only .25 miles away. The property consists of 3 offices (separately metered), 60 parking spaces with ample spill over parking, entire roof was replaced between 2020-2021, newer HVAC with high end finishes. Currently marketing the smaller units (102 &103) for long term tenants unless a buyer wishes to take occupancy. The current practice in 101 plans to sign a 3-5 year lease prior to the sale of the property. Gross income is based off current market leases and projections. Make your appointment today.
Construction Materials
Block: 1
Cooling
Central Air: 1
Electric: 1
Flooring
Carpet: 1
Laminate: 1
Vinyl: 1
Wood: 1
Heating
Central: 1
Electric: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Lease Purchase: 1
Private Financing Available: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Income and Expenses
Gross Scheduled Income: 192000
Insurance Expense: 9413
Maintenance Expense: 0
Net Operating Income: 151370
New Taxes Expense: 16364
Other Expense: 1200
Supplies Expense: 0
Trash Expense: 884
Security Features
Smoke Detector(s): 1
Utilities
Other: 1
Water Source
Public: 1
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Building Features
Clear Ceiling Height: 8329
Lobby: 1
Office: 1
Reception Area: 1
Ceiling Type
Acoustic: 1
Operating Expense Includes
Accounting: 1
Legal: 1
Utilities: 1
Sale Includes
Building & Land: 1
Contingency Reason
Waiting for Signatures: 1
Historical Information
Public Historical Remarks 3: Frontage Description: City Road, Expenses-Utilities: 2820, Expenses-Maint & Repair: 4000, Expenses-Accounting & Legal: 1500, Legal/Misc-Home Warranty: No, Acctg & Legal: 1500, Utilities: 2820, Maint & Repair: 8450
Contract Information
Current Price: $2,200,000
Original List Price: 3000000
Sold Price: $2,200,000
Status: Closed
Listing Contract Date: 2023-10-09
Property Sub Type: Office
Location Tax and Legal
Street Number: 1747
Street Name: Evans
Street Suffix: Road
County: Brevard
State: FL
Postal Code: 32904
MLS Area Major: 330 - Melbourne - Central
Status Change Information
Major Change Timestamp: 2024-03-18T17:08:28Z
Major Change Type: Status Change
Status Change Timestamp: 2024-03-18
Purchase Contract Date: 2024-01-12
Close Date: 2024-03-15
Close Price: 2200000
Property Features
Building Features: Lobby; Office; Reception Area
Ceiling Type: Acoustic
Construction Materials: Block
Cooling: Central Air; Electric
Flooring: Carpet; Laminate; Vinyl; Wood
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option; Lease Purchase; Private Financing Available
Operating Expense Includes: Accounting; Legal
Possession: Close Of Escrow; Negotiable
Sale Includes: Building & Land
Security Features: Smoke Detector(s)
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Utilities: Other
Water Source: Public
Contingency Reason: Waiting for Signatures
Listing Office:
ITG Realty
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.