1747 Evans Road, Melbourne, FL 32904

$2,200,000

Virtual Tour

https://www.propertypanorama.com/instaview/spc/977519

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

Overview

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.

Listing Details MLS# 977519

General Property Information

Number Of Units Total: 3
Building Area Total: 8005
Year Built: 2002
Lot Size Acres: 1.06
Property Use: C-PROFESSIONAL BUILDING - MULTI TENANT - 1 STORY (1910)
Use Code: 19 / PROFESSIONAL BUILDING
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 374.77
Sold Price/SqFt: 274.83

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

Contract Information

Original List Price: 3000000
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

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.

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

More Information

Building Features

Clear Ceiling Height: 8329
Lobby: Yes
Office: Yes
Reception Area: Yes

Income and Expenses

Gross Scheduled Income: 192000
Insurance Expense: 9413
Net Operating Income: 151370
New Taxes Expense: 16364
Other Expense: 1200
Trash Expense: 884
Maintenance Expense: 0
Supplies Expense: 0

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

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.

Construction Materials

Block: Yes

Cooling

Central Air: Yes
Electric: Yes

Flooring

Carpet: Yes
Laminate: Yes
Vinyl: Yes
Wood: Yes

Heating

Central: Yes
Electric: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Option: Yes
Lease Purchase: Yes
Private Financing Available: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Security Features

Smoke Detector(s): Yes

Utilities

Other: Yes

Water Source

Public: Yes

Showing Requirements

Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Ceiling Type

Acoustic: Yes

Operating Expense Includes

Accounting: Yes
Legal: Yes
Utilities: Yes

Sale Includes

Building & Land: Yes

Contingency Reason

Waiting for Signatures: Yes

Listing Office: ITG Realty

Last Updated: November - 02 - 2024

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