249 Babcock Street N, Melbourne, FL 32935

$1,000,000

Property Type: Commercial Sale Square Footage: 33,429 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $1,000,000 List Date: 11/28/2016 Last Modified: 5/09/2026

Overview

Description

Two buildings being sold as one 249 & 293, as is. There are 16 units with possible 25+. Zoned C2 Retail Multiple in desirable location. 8 units rented currently. Rent rolls in documents. Being sold @ $59/ ft.

Listing Details MLS# 769856

General Property Information

Number Of Units Total: 22
Stories Total: Yes
Building Area Total: 33429
Year Built: 1959
Lot Size Acres: Yes
Property Use: C-RETAIL STORE - MULTIPLE UNITS (1110)
Use Code: 11 / STORES, ONE STORY
Association YN: No
Water Body Access YN: No
Waterfront YN: No
List Price/SqFt: 44.84
Sold Price/SqFt: 29.91

Property Features

Construction Materials: Concrete Cooling: Central Air; Electric Current Use: Commercial Flooring: Carpet Heating: Central Listing Terms: Cash; Conventional; Lease Option Location: Shopping Center Possession: Close Of Escrow Roof: Steel Joist Sale Includes: Building & Land Security Features: Smoke Detector(s) Showing Requirements: Call Listing Agent Special Listing Conditions: Presently Leased Utilities: Water Available

Contract Information

Original List Price: 1999999
Listing Contract Date: 2016-11-15
Property Sub Type: Business

Location Tax and Legal

Street Number: 249
Street Name: Babcock
Street Suffix: Street
Street Direction Suffix: N
County: Brevard
State: FL
Postal Code: 32935
MLS Area Major: 330 - Melbourne - Central
Subdivision Name: Annie Laurie Gardens

Remarks and Miscellaneous

Public Remarks: Two buildings being sold as one 249 & 293, as is. There are 16 units with possible 25+. Zoned C2 Retail Multiple in desirable location. 8 units rented currently. Rent rolls in documents. Being sold @ $59/ ft.

Status Change Information

Major Change Timestamp: 2023-11-11T09:27:46Z
Major Change Type: Price Reduced
Price Change Timestamp: 2017-02-03T16:39:09Z
Status Change Timestamp: 2017-03-30
Purchase Contract Date: 2017-02-22
Close Date: 2017-03-29
Close Price: 1000000

More Information

Building Features

Clear Ceiling Height: 15600

Historical Information

Public Historical Remarks 3: Current Zoning: C2

Location, Tax, and Legal

Tax Account: 2727989
Parcel Number: 27-37-27-25-0000f.0-0001.00
General County Location: South
Tax Annual Amount: 13450.5
Tax Year: 2016
Tax Legal Description: ANNIE LAURIE GARDENS LOTS 1,2,3,4,20,21,22,23 EX ST R/W BLK F
Directions: From Eau Gallie Blvd and US HWY#1 go south on US HWY#1. Turn right onto Babcock St. Property is on left side b/t Ella St and Elton St.

Construction Materials

Concrete: Yes

Cooling

Central Air: Yes
Electric: Yes

Current Use

Commercial: Yes

Flooring

Carpet: Yes

Heating

Central: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Lease Option: Yes

Possession

Close Of Escrow: Yes

Roof

Steel Joist: Yes

Security Features

Smoke Detector(s): Yes

Special Listing Conditions

Presently Leased: Yes

Utilities

Water Available: Yes

Showing Requirements

Call Listing Agent: Yes

Location

Shopping Center: Yes

Sale Includes

Building & Land: Yes

Listing Office: Coldwell Banker Realty

Last Updated: May - 09 - 2026

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